During 2023, how many company-owned Checkersrallys outlets were opened in Florida?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Florida | 2022 | 104 | 0 | 0 | 1 | 0 | 103 |
| 2023 | 103 | 2 | 0 | 7 | 0 | 98 | |
| 2024 | 98 | 0 | 0 | 2 | 0 | 96 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, there were 2 company-owned Checkersrallys outlets opened in Florida during 2023. The table provided in Item 20 outlines the changes in outlet numbers over the years. Specifically, for Florida in 2023, it indicates the number of outlets at the start of the year, the number opened, reacquired, closed, sold, and the number at the end of the year.
For a prospective franchisee, this information is useful in understanding the dynamics of Checkersrallys outlets in Florida. It shows the growth or decline in the number of outlets, which can be an indicator of the brand's performance and market saturation in the region. The fact that 2 new company-owned restaurants opened suggests some level of investment and expansion by Checkersrallys in Florida.
However, it's also important to note that during the same year, 7 outlets were closed in Florida. This resulted in a net decrease of 5 outlets, from 103 at the start of the year to 98 at the end. This information provides a more complete picture of the changes in the Checkersrallys presence in Florida, highlighting both expansion and contraction. A potential franchisee should investigate the reasons for closures to assess the stability and potential risks in the Florida market.