As of January 1, 2024 and January 2, 2023, did Checkersrallys have any operating or finance leases for which it is obligated that have not yet commenced?

According to Checkersrallys's 2025 Franchise Disclosure Document, as of December 30, 2024, and January 1, 2024, Checkersrallys did not have any operating or financing leases for which it was obligated that had not yet commenced. This means that Checkersrallys had no outstanding lease obligations for properties or assets that they were not yet actively using or paying for as of those dates.

For a prospective franchisee, this information indicates that Checkersrallys is managing its lease obligations effectively and does not have a backlog of future lease commitments. This can be a sign of financial stability and careful planning on the part of the company. It also suggests that Checkersrallys is not over-extending itself with lease agreements that have not yet begun generating revenue.

It is important to note that this statement only applies to the specific dates mentioned. Checkersrallys's lease obligations could change in the future as they enter into new agreements or modify existing ones. Franchisees should continue to monitor Checkersrallys's financial statements and disclosures for any updates on their lease obligations.