Under the Checkers Franchise Agreement, which sections detail the franchisee's obligations regarding site selection and acquisition/lease?

According to Checkers's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations under the Franchise Agreement. Specifically, the sections detailing the franchisee's obligations for site selection and acquisition or lease are Sections 3.01, 3.02, 3.03, and Exhibit B of the Franchise Agreement. The Development Agreement also contains relevant information in Sections 3.01 and 3.02 and Exhibit A. These obligations are further discussed in Items 7, 8, and 11 of the Disclosure Document.

For a prospective Checkers franchisee, this means that the process of choosing a site and securing the property through purchase or lease is governed by these specific sections within both the Franchise Agreement and the Development Agreement. It is crucial to carefully review these sections to understand the full scope of responsibilities, restrictions, and requirements set forth by Checkers regarding site selection and property acquisition.

Understanding these obligations is vital as the location of the franchise can significantly impact its success. Checkers likely has specific criteria for site selection to ensure brand consistency and optimal market penetration. Franchisees need to be aware of these criteria and the approval process to avoid potential conflicts or delays. Furthermore, the financial implications of acquiring or leasing a site, as detailed in Items 7 and 8, should be carefully considered.

In summary, a prospective Checkers franchisee must thoroughly examine Sections 3.01, 3.02, 3.03, and Exhibit B of the Franchise Agreement, along with Sections 3.01 and 3.02 and Exhibit A of the Development Agreement, to fully understand their obligations related to site selection and acquisition/lease. Consulting Items 7, 8, and 11 of the FDD will provide additional context and financial details relevant to this critical aspect of establishing a Checkers franchise.