What documents are included with the standard franchise agreement that Checkersrallys delivers?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
(d) Upon our acceptance of a proposed site, and provided you have demonstrated the requisite financial and management capabilities, all as above required, we will offer you a franchise to operate a Restaurant at the proposed site by delivering to you our then-current form of standard franchise agreement, together with all standard ancillary documents (including exhibits, riders, collateral assignments of leases, Owner guarantees and other related documents) that we then customarily use in granting franchises for the operation of Restaurants in the state in which the Restaurant is to be located (the "Franchise Agreement"). The Franchise Agreement must be executed by you and your Owners and returned to us not earlier than 7 days and not later than 21 days after we deliver it to you, with payment of the initial fees required thereunder. If we do not receive the fully executed Franchise Agreement and payment of the required initial fees, we may revoke our offer to grant you a franchise to operate a Restaurant at the proposed site and may revoke our acceptance of the proposed site.
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, when Checkersrallys accepts a proposed site for a new restaurant and the franchisee demonstrates the required financial and management capabilities, Checkersrallys will offer a franchise agreement. This offer includes the then-current form of the standard franchise agreement, along with all standard ancillary documents. These ancillary documents include exhibits, riders, collateral assignments of leases, owner guarantees, and other related documents. These are the documents Checkersrallys customarily uses when granting franchises for restaurant operations in the state where the restaurant will be located.
The Franchise Agreement must be executed by the franchisee and their owners and returned to Checkersrallys no earlier than 7 days and no later than 21 days after Checkersrallys delivers it. The franchisee must also include payment of the initial fees required under the agreement.
If Checkersrallys does not receive the fully executed Franchise Agreement and the required initial fees within this timeframe, Checkersrallys has the right to revoke the offer to grant the franchise for the proposed site. Checkersrallys can also revoke their acceptance of the proposed site if these conditions are not met.