table_specific

According to the receipts section, on what page can I find the 'Introduction' for Checkersrallys?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 23: RECEIPTS]

1. INTRODUCTION.

  • 1.01 Restaurants. We own, operate and franchise "Checkers" and "Rally's"-branded restaurants, which feature a limited menu of hamburgers, cheeseburgers, and/or such other menu items as we may authorize at any time and from time to time. We have developed and own a comprehensive System (defined below in Section 1.04).
  • 1.02 Your Acknowledgments. You have read this Agreement and our Franchise Disclosure Document. You understand the terms of this Agreement and accept them as being reasonably necessary to maintain the uniformity of our high quality standards at all Restaurants in order to protect and preserve the goodwill of the Marks and the integrity of the System. You have conducted an independent investigation of the business contemplated by this Agreement and recognize that the restaurant industry is highly competitive, with constantly changing market conditions. You recognize that the nature of Restaurants may change over time, that an investment in Restaurants involves business risks and that the success of the venture is largely dependent on your own business abilities, efforts and financial resources. You have not received or relied on: (a) any guaranty or assurance, express or implied, as to the revenues, profits or success of the business venture contemplated by this Agreement; or (b) any promises that any parent company or Affiliate will back us up financially or otherwise guarantee our performance.
  • 1.03 Your Representations. You and your Owners, if applicable, represent and warrant to us that: (a) neither you nor any of your Owners have made any untrue statement of any material fact or have omitted to state any material fact in obtaining the rights granted hereunder; (b) neither you nor any of your Owners have any direct or indirect legal or beneficial interest in any business that may be deemed a Competitive Business, except as otherwise fully and accurately disclosed in your franchise application submitted to us; and (c) the execution and performance of this Agreement will not violate any other agreement to which you or any of your Owners may be bound. You recognize that we have approved your franchise application in reliance on all of the statements you and your Owners have made in connection therewith.
  • 1.04 Certain Definitions. The terms listed below have the meanings which follow them and include the plural as well as the singular. Other terms are defined elsewhere in this Agreement in the context in which they arise.

Source: Item 23 — RECEIPTS (FDD pages 92–384)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, the 'Introduction' can be found within Item 23, Receipts. Specifically, section #1. INTRODUCTION is available in this document. This section provides an overview of Checkersrallys's business model, including the operation and franchising of Checkers and Rally's-branded restaurants, which feature a limited menu.

The introduction also includes acknowledgements that the franchisee has read the agreement and the Franchise Disclosure Document, understands the terms, and accepts them as reasonably necessary to maintain uniformity and protect the goodwill of the brand. It emphasizes that the franchisee has conducted an independent investigation and recognizes the competitive nature of the restaurant industry, the risks involved, and the dependence on their own abilities and resources for success.

Furthermore, the introduction confirms that the franchisee has not relied on any guarantees or assurances regarding revenues, profits, or success, nor on any promises of financial backing from parent companies or affiliates. This section sets the stage for the rest of the agreement by outlining the basic understanding and representations made by both Checkersrallys and the franchisee.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.