Where can I find the number of Checkersrallys restaurants and their opening dates within the Development Area?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
The Development Agreement grants you the right to develop an agreed upon number of Checkers Restaurants or Rally's Restaurants within a geographical area described in Exhibit A to the Development Agreement (the "Development Area"). The size of the Development Area will depend on the number of Checkers Restaurants or Rally's Restaurants suitable for the Development Area, as mutually determined in light of factors such as population density and the residential or commercial character of the area. The number of Checkers Restaurants or Rally's Restaurants and the dates they are to be open and operating, including development schedules for such restaurants, will be set out in Exhibit A to the Development Agreement (the "Development Schedule").
Source: Item 12 — TERRITORY (FDD pages 57–60)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the specific number of Checkersrallys restaurants a developer is expected to open within a Development Area, along with their corresponding opening dates, can be found in Exhibit A of the Development Agreement, which is referred to as the "Development Schedule." The size of the Development Area itself is determined by factors such as population density and the area's residential or commercial characteristics.
This means that if you sign a Development Agreement with Checkersrallys, Exhibit A to that agreement will outline the specific number of restaurants you are obligated to develop within your designated area and the timeline for opening them. This schedule is a crucial part of the agreement, and failure to adhere to it can result in a material breach of contract. However, Checkersrallys's exclusive remedy for failing to meet the Development Schedule is termination of the Development Agreement.
Prospective developers should carefully review Exhibit A of the Development Agreement to fully understand their obligations regarding the number of restaurants to be developed and the required opening dates. They should also consider the factors that influence the size of the Development Area to ensure that the development schedule is feasible given the characteristics of the assigned territory. It is important to note that Checkersrallys has no obligation to extend the Development Schedule under any circumstances.