What is the estimated range for Restaurant Building costs for a Checkersrallys Site Built 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 | National Production Fund |
| Asset Transfer Fee | $0 - $10,000 | Lump Sum | At time of signing the Franchise Agreement | Us |
| Restaurant Building Costs (See Note 2) | $395,000 - $477,250 | Dependent upon bank financing | Dependent upon bank financing | Contractors, Suppliers, Lending Institutions |
| Restaurant Equipment & Technology (See Note 2) | $75,500 - $352,000 | As incurred | On ordering | Suppliers |
| 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 |
| Soft Costs (See Note 3) | 27,500 – 33,000 | Dependent upon bank financing | Dependent upon bank financing | Contractors, Suppliers, Lending Institutions |
| Signage including | $14,725 - | As incurred | On ordering | Us or Other |
| Menuboards | $17,729 | Supplier | ||
| Inventory (See Note | $4,000 - | As incurred | When delivered | Suppliers |
| 4) | $12,000 | |||
| Additional Funds - 3 Months (See Note 5) | $50,000 - $120,000 | As incurred | As incurred | Employees, suppliers, utilities, etc. |
| TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) | $601,725 – $1,066,979 |
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 Site Built Restaurant ranges from $395,000 to $477,250. This figure is part of the total estimated initial investment, which excludes real estate and related costs. The payment is dependent upon bank financing and is to be paid to contractors, suppliers, and lending institutions as agreed.
This estimate includes site development costs using conventional construction methods. However, these costs may vary considerably depending on factors such as the condition of the premises when possession is delivered, site-specific requirements, and material and labor costs, as well as variations depending on the franchisee's region and specific location.
Prospective Checkersrallys franchisees should carefully consider these potential variations and conduct thorough due diligence to assess the likely building costs for their specific location. Understanding these costs is crucial for securing adequate financing and ensuring the project's financial viability.