In which years were there zero transfers of Checkers outlets from franchisees to new owners?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
to 2024
| State | Year | Number of Transfers | |---|---|---| | Delaware | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Florida | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 |
| State | Year | Number of Transfers | |---|---|---| | Georgia | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Louisiana | 2022 | 0 | | | 2023 | 0 | | | 2024 | 4 | | Illinois | 2022 | 9 | | | 2023 | 1 | | | 2024 | 0 | | Indiana | 2022 | 4 | | | 2023 | 0 | | | 2024 | 0 | | Maryland | 2022 | 3 | | | 2023 | 0 | | | 2024 | 4 | | Michigan | 2022 | 16 | | | 2023 | 1 | | | 2024 | 0 | | North Carolina | 2022 | 2 | | | 2023 | 0 | | | 2024 | 0 | | New Jersey | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | Tennessee | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Texas | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Virginia | 2022 | 1 |
| State | Year | Number of Transfers | |---|---|---| | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 36 | | | 2023 | 6 | | | 2024 | 9 | * A number of these transactions involved a multi-unit franchise selling more than 1 outlet to the same buyer in the same transaction.
Table No. 3 Status of Franchised Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions Other Reasons | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 78–91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, several states reported zero transfers of outlets from franchisees to new owners in the years 2022, 2023, and 2024. Specifically, Louisiana reported zero transfers in 2022 and 2023, while Illinois and Indiana reported zero transfers in 2024. Other states such as North Carolina reported zero transfers in both 2023 and 2024.
Additionally, Delaware and Florida reported zero transfers in 2022 and 2024. The overall total of transfers across all states was 36 in 2022, 6 in 2023, and 9 in 2024. Notably, there were states like New Jersey, Tennessee, and Texas that had zero transfers in 2022 but experienced one transfer each in 2023, and then reverted to zero transfers in 2024.
In 2024, the states of Delaware, Florida, Illinois, Indiana, Michigan, Missouri, North Carolina, Ohio, Tennessee, Texas, Virginia and West Virginia all reported zero transfers. The data indicates variability in franchise transfers from year to year and across different states within the Checkers system. This information is crucial for prospective franchisees to understand the stability and potential resale market of Checkers franchises in specific geographic areas.