In 2023, how many Checkersrallys outlets in Florida were closed?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 |
|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
| Alabama | 2022 | 7 | 0 | 0 | 0 | 0 | 7 |
| 2023 | 7 | 0 | 0 | 0 | 0 | 7 | |
| 2024 | 7 | 0 | 0 | 1 | 0 | 6 | |
| Florida | 2022 | 104 | 0 | 0 | 1 | 0 | 103 |
| 2023 | 103 | 2 | 0 | 7 | 0 | 98 | |
| 2024 | 98 | 0 | 0 | 2 | 0 | 96 | |
| Georgia | 2022 | 10 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 0 | 0 | 0 | 0 | 10 | |
| Michigan | 2022 | 8 | 0 | 0 | 0 | 0 | 8 |
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 7 Checkersrallys outlets closed in Florida during 2023. At the start of 2023, there were 103 outlets in Florida. During 2023, 2 new Checkersrallys restaurants opened, and 7 closed, resulting in 98 outlets at the end of the year. This data provides insight into the brand's performance and stability within the Florida market.
For a prospective franchisee, this information is crucial for assessing the risks and opportunities associated with investing in a Checkersrallys franchise in Florida. A high number of closures could indicate challenges such as market saturation, operational issues, or economic factors affecting profitability. Conversely, the opening of new outlets suggests ongoing investment and potential for growth.
It's important to note that outlet closures do not inherently signify failure. Restaurants may close due to strategic decisions, relocation, or failure to meet brand standards. However, a significant number of closures warrants further investigation. A potential franchisee should inquire about the reasons for these closures and assess whether similar risks could impact their own investment.
To gain a comprehensive understanding, prospective franchisees should compare these closure rates with those of other states and similar quick-service restaurant franchises. Additionally, they should seek clarification from Checkersrallys regarding the specific circumstances surrounding the closures and the support provided to franchisees facing operational challenges. Understanding these factors will enable a more informed decision about investing in a Checkersrallys franchise.