When is the Initial Advertising Deposit due 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 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the initial advertising deposit for a modular design drive-thru restaurant is due when construction begins at the premises. The deposit is a lump sum payment of $15,000. This payment is to be made to NPF Inc.
This means that a prospective Checkersrallys franchisee needs to have $15,000 available when they start building their modular design drive-thru restaurant. This money is specifically earmarked for advertising purposes and is separate from other initial investment costs. It is important to note that this deposit is in addition to the initial franchise fee and other expenses associated with opening a Checkersrallys franchise.
Franchisees should carefully plan their construction timeline and budget to ensure they have the funds available when required. Understanding the payment schedule for all initial fees and deposits is crucial for managing cash flow during the startup phase. The FDD specifies that the initial advertising deposit is non-refundable, so franchisees should be certain of their plans before making this payment.