What were the capital expenditures for Checkersrallys from December 30, 2023 through January 1, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 30, | 2023 through | 2023 through | ||
|---|---|---|---|---|
| 2024 | January 1, 2024 | June 16, 2023 | ||
| Investing activities: | ||||
| Capital expenditures | (10,024) | (7,269) | (5,513) | |
| Net cash used in investing activities | (10,024) | (7,269) | (5,513) |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, capital expenditures from December 30, 2023, through January 1, 2024, were reported as a net cash used in investing activities. This figure represents the total investments made in the business during that specific period.
For a prospective Checkersrallys franchisee, this information is useful in understanding the financial activities of the company. Capital expenditures are significant because they reflect investments in long-term assets that are intended to generate future income. Monitoring these expenditures can provide insights into the company's growth strategy and financial health.
The FDD states that the capital expenditures for Checkersrallys during the specified period amounted to $(7,269). This indicates that Checkersrallys spent $7,269 on capital assets during that time. These assets could include property, equipment, or other items necessary for business operations.
It is important to note that this figure represents the net cash used in investing activities, which may include other items besides capital expenditures. A prospective franchisee should review the complete financial statements and consult with a financial advisor to fully understand the nature and implications of these expenditures.