What is the estimated range for Restaurant Building Costs for a Checkersrallys Modular Design Drive-Thru Restaurant?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (See Note 1) | $20,000 - $30,000 | Lump sum | At time of signing the Franchise Agreement. | Us |
| Initial Advertising Deposit | $15,000 | Lump sum | When you begin construction at the Premises | NPF Inc. |
| Asset Transfer Fee | $0 - $10,000 | Lump Sum | At time of signing the Franchise Agreement | Us |
| Restaurant Building Costs (See Note 2) | $354,653- $1,292,640 | Dependent upon bank financing | As agreed | Suppliers, Lending Institutions |
| Restaurant Equipment & Technology (See Note 2) | $42,153 - $329,538 | As incurred | On ordering | Suppliers |
| Soft Costs (see Note 3) | $17,200 - $225,625 | Dependent upon bank financing | Dependent upon bank financing | Contractors, Suppliers, Lending Institutions |
| Signage including | $11,914 - | As | On ordering | Suppliers |
| Menuboards | $97,690 | incurred | ||
| Inventory (See Note | $4,000 - $12,000 | As | When delivered | Suppliers |
| 4) | incurred | |||
| Additional Funds - 3 Months (See Note 5) | $50,000 - $120,000 | As incurred | As incurred | Employees, suppliers, utilities, etc. |
| Column 1 Type of expenditure | Column 2 Amount | Column 3 Method of payment | Column 4 When Due | Column 5 To whom payment is to be made |
| TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) | $514,920 - $2,132,493 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the estimated cost for Restaurant Building Costs for a Modular Design Drive-Thru Restaurant ranges from $354,653 to $1,292,640. This estimate is detailed in Chart 1 of Item 7 and includes the cost of constructing a modular drive-thru restaurant, which is manufactured and shipped to the premises. The estimated size of the building is approximately 1,008 square feet on a site of approximately 19,080 to 30,000 square feet.
The Restaurant Building estimate encompasses the cost of the building itself, shipping, and assembly. It also accounts for site development costs for on-site construction. However, these site development costs can vary significantly based on factors such as the condition of the premises upon delivery, site-specific requirements, and variations in material and labor costs depending on the region and specific location.
Prospective Checkersrallys franchisees should be aware that this is just an estimate, and the actual costs may differ. Factors such as location, local market conditions, and specific site requirements can all influence the final cost. It is crucial to conduct thorough due diligence and consult with experienced professionals to obtain accurate cost estimates for a specific location. Additionally, the estimate is dependent upon bank financing and paid to suppliers and lending institutions as agreed.