As of the end of fiscal year 2024, how many company-owned Checkersrallys outlets were there?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
2023 for fiscal year 2022, January 1, 2024 for fiscal year 2023, and December 30, 2024 for fiscal year 2024.
CHECKERS RESTAURANTS
Table No. 1 System-wide Outlet Summary For years 2022 to 2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 413 | 413 | 0 |
| 2023 | 413 | 379 | -34 | |
| 2024 | 379 | 362 | -17 | |
| Company-Owned | 2022 | 139 | 132 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, at the end of the 2024 fiscal year, there were 122 company-owned Checkersrallys outlets. The FDD specifies that the fiscal year 2024 ended on December 30, 2024. This number reflects a decrease from the 126 company-owned outlets at the start of 2024, indicating a net change of -4 during the year.
For a prospective franchisee, this data indicates the scale of Checkersrallys's corporate operations alongside its franchised locations. Monitoring the number of company-owned stores can provide insights into the strategic direction of Checkersrallys, such as whether the company is investing in or divesting from its own stores. A decrease in company-owned stores could suggest a greater emphasis on franchising as a growth strategy.
It's important to note that while the number of company-owned stores decreased, this doesn't necessarily reflect the overall health of the Checkersrallys system. The number of franchised locations also decreased during the same period. Reviewing the reasons for these changes, such as closures or transfers, would be a crucial part of due diligence for any potential franchisee. Understanding the dynamics between franchised and company-owned locations can help a franchisee assess the level of support and competition they might expect from the parent company.
Overall, the trend in company-owned store counts, in conjunction with franchise outlet data, provides a valuable overview of Checkersrallys's evolving business model and strategic priorities. A potential franchisee should analyze these figures in the context of broader market trends and discuss any concerns with current franchisees and the Checkersrallys management team.