What is the deadline to sign a Checkersrallys franchise agreement to be eligible for the 2025 Reimage Incentive?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
2025 Reimage Incentive
If you meet the following criteria: (i) you are signing a franchise agreement on or before June 30, 2025; (ii) you complete a full scope reimage (as approved in advance by us) that complies with our current reimaging requirements by December 30, 2025; and (iii) you, your owners, and your and their affiliates are in full compliance with the franchise agreement and any other agreement between us and you or them, then from the date the Franchised Restaurant opens following the reimage continuing through until the end of the twelfth month of operation following reopening, your royalty will be 2% of Net Sales. Beginning in the thirteenth month following the reopening and for the remainder of the term of the Franchise Agreement, your royalty will be 4% of Net Sales. To receive the benefit of these reduced royalty amounts, you must sign our required form of 2025 Reimage Incentive Addendum to the Franchise Agreement (attached as Exhibit B-6 to this Franchise Disclosure Document).
Source: Item 6 — OTHER FEES (FDD pages 21–29)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, to be eligible for the 2025 Reimage Incentive, a prospective franchisee must sign a franchise agreement on or before June 30, 2025. Additionally, the franchisee must complete a full scope reimage that complies with Checkersrallys's current reimaging requirements by December 30, 2025. The reimage must be approved in advance by Checkersrallys.
To qualify for the incentive, the franchisee, their owners, and their affiliates must be in full compliance with the franchise agreement and any other agreements with Checkersrallys. If these conditions are met, from the date the re-imaged restaurant opens through the end of the twelfth month of operation, the royalty fee will be 2% of Net Sales.
After the first twelve months, beginning in the thirteenth month following the reopening and for the remainder of the term of the Franchise Agreement, the royalty will increase to 4% of Net Sales. To receive the reduced royalty amounts, the franchisee must sign Checkersrallys's required 2025 Reimage Incentive Addendum to the Franchise Agreement, which is attached as Exhibit B-6 to the Franchise Disclosure Document.