factual

When is the Initial Advertising Deposit due for a Checkersrallys Site Built Restaurant?

Checkersrallys Franchise · 2025 FDD

Answer 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 initial advertising deposit for a Site Built Restaurant is due when construction begins at the premises. This deposit amounts to $15,000 and is to be paid in a lump sum to the National Production Fund. This requirement applies specifically to the Site Built Restaurant model.

This initial advertising deposit is a mandatory expenditure that Checkersrallys franchisees must budget for when opening a new location. Unlike some other costs that are dependent on financing or incurred over time, this $15,000 lump sum payment is specifically tied to the commencement of construction. Therefore, franchisees need to ensure they have these funds available as they prepare to start building their restaurant.

It is important to note that this advertising deposit is separate from other advertising or marketing expenses that Checkersrallys franchisees may incur during the operation of their restaurant. This initial deposit is specifically earmarked for national advertising efforts and is managed by the National Production Fund. Franchisees should clarify with Checkersrallys what specific advertising activities this fund supports and how it benefits their local business.

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.