factual

Where must Checkersrallys franchisees keep all books and records for the Franchised Restaurant?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

11.01 Records.You agree to prepare and to maintain for 3 years complete and accurate books, records (including invoices and records relating to your advertising expenditures) and accounts (using our standard chart of accounts) for the Franchised Restaurant, copies of your sales tax returns and such portions of your state and federal income tax returns as relate to the Franchised Restaurant. All such books and records shall be kept at the Premises, unless we otherwise approve.

Source: Item 22 — CONTRACTS (FDD pages 91–92)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, franchisees are required to maintain complete and accurate books, records, and accounts for their Franchised Restaurant for a period of 3 years. These records must include invoices, records related to advertising expenditures, copies of sales tax returns, and relevant portions of state and federal income tax returns. Checkersrallys requires that these financial documents be organized using their standard chart of accounts.

Unless Checkersrallys approves otherwise, all books and records must be kept at the physical premises of the Franchised Restaurant. This requirement ensures that the records are readily accessible for inspection and audit by Checkersrallys.

Checkersrallys also mandates that all sales be recorded on electronic cash registers that they designate or approve. Franchisees may be required to use computer systems compatible with Checkersrallys's own system, including the capability for electronic communication. Checkersrallys retains the right to use the data collected, with the exception that they will not provide financial data to third parties outside their system in a form that readily identifies the Franchised Restaurant, unless legally required.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.