What is the amount of Checkersrallys' debt obligations payments due in the fiscal year ending 2026?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
| Fiscal Year Ending | Amount | |
|---|---|---|
| 2025 | $ | 67 |
| 2026 | 144 | |
| 2027 | 155 | |
| 2028 | 166 | |
| 2029 | 144 | |
| Thereafter | 7,174 | |
| Total payments | 7,850 | |
| Less: current portion | (67) | |
| Non-current portion | $ | 7,783 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal Year Ending | Amount |
|---|---|
| 2025 | $ 1,788 |
| 2026 | 850 |
| 2027 | 11,024 |
| 2028 | 78,738 |
| Total payments | 92,400 |
| Less: current portion | (1,788) |
| Less: deferred financing cost | (341) |
| Non-current portion | $ 90,271 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal year ending | A | mount |
|---|---|---|
| 2024 | $ | 1,879 |
| 2025 | 942 | |
| 2026 | 994 | |
| 2027 | 10,761 | |
| 2028 | 74,118 | |
| Thereafter | 7,290 | |
| Total payments | 95,984 | |
| Less current portion | 1,879 | |
| Less deferred financing cost | 447 | |
| Non-current portion | $ | 93,658 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal Year Ending | Amount |
|---|---|
| 2025 | $ 3,166 |
| 2026 | 3,166 |
| 2027 | 3,166 |
| 2028 | 3,166 |
| 2029 | 3,166 |
| Thereafter | $ 11,042 |
| Total | 26,872 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal Year Ending | Amount |
|---|---|
| 2025 | $ 321 |
| 2026 | 321 |
| 2027 | 327 |
| 2028 | 257 |
| 2029 | 105 |
| Total | $ 1,331 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal year ending | Amount |
|---|---|
| 2024 | $ 93 |
| 2025 | 93 |
| 2026 | 93 |
| 2027 | 95 |
| 2028 | 93 |
| Thereafter | 882 |
| Total | $ 1,349 |
[Item 21: FINANCIAL STATEMENTS]
| Fiscal Year Ending | Amount |
|---|---|
| 2025 | $ 91 |
| 2026 | 91 |
| 2027 | 92 |
| 2028 | 90 |
| 2029 | 90 |
| Thereafter | 769 |
| Total | $ 1,223 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, several tables provide information regarding debt obligations for different fiscal years. One table shows that for the fiscal year ending 2026, the amount listed is 144. However, the currency is not specified in this table. Another table indicates debt obligations of $850 for the fiscal year ending 2026. A third table lists $994 as the amount for the fiscal year ending 2026. A fourth table shows $3,166 for the fiscal year ending 2026. Yet another table shows $321 for the fiscal year ending 2026. Finally, two tables show $93 and $91 respectively for the fiscal year ending 2026.
These varying figures suggest that Checkersrallys has multiple debt obligations with differing payment schedules. A prospective franchisee should carefully review the complete Item 21 financial statements and accompanying notes to understand the nature of each debt, the repayment terms, and the associated risks. Understanding the specific debts and their corresponding payment schedules is crucial for assessing the financial health and stability of Checkersrallys.
It is important to note that without further context or clarification from Checkersrallys, it is difficult to determine which debt obligation each table refers to. A potential franchisee should seek clarification from Checkersrallys regarding these discrepancies to gain a clear understanding of the company's financial obligations and how they might impact the franchisee's investment and the overall financial stability of the franchise system.