How many company-operated Checkersrallys restaurants were operating at the beginning of the period ending January 1, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| For the Periods Ended | |||||||
|---|---|---|---|---|---|---|---|
| • | January 1, 2024 (Successor) | January 2, 2023 (Predecess or) | January 3, 2022 (Predecessor) | ||||
| Company-operated restaurants | |||||||
| Beginning of period | 255 | 266 | 264 | ||||
| New | 2 | ₩); | 3 | ||||
| Acquired from franchisee | 環形 | 3 | ( ) | ||||
| Sold to franchisee | 90 | (9) | = | ||||
| Closed | (19) | (5) | (1) | ||||
| End of period | 238 | 255 | 266 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, at the beginning of the period ending January 1, 2024, there were 255 company-operated restaurants. This number represents the starting point for tracking changes in the number of company-operated restaurants throughout the year.
Throughout the period, Checkersrallys opened 2 new company-operated restaurants, acquired an unspecified number of restaurants from franchisees, sold 90 restaurants to franchisees, and closed 19 restaurants. These transactions resulted in a net decrease in the number of company-operated restaurants.
At the end of the period, Checkersrallys had 238 company-operated restaurants. This information is useful for prospective franchisees to understand the scale and changes in Checkersrallys's company-operated restaurant portfolio, which can provide insights into the brand's overall strategy and financial performance.