How many Checkersrallys franchise transfers occurred in 2022?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
A number of these transactions involved a multi-unit franchise selling more than 1 outlet to the same buyer in the same transaction.
Table No. 3 Status of Franchised Outlets For years 2022 to 2024
| State | Year | Number of Transfers | |---|---|---| | | 2023 | 0 | | | 2024 | 0 | | Total | 2022 | 36 | | | 2023 | 6 | | | 2024 | 9 | | Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions Other Reasons | Col. 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | Alabama | 2022 | 11 | 2 | 0 | 0 | 0 | 1 | 12 | | | 2023 | 12 | 0 | 0 | 0 | 0 | 2 | 10 | | | 2024 | 10 | 0 | 0 | 0 | 0 | 0 | 10 | | Arkansas | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | | California | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Delaware | 2022 | 4 | 0 | 0 | 0 | 0 | 1 | 3 | | | 2023 | 3 | 1 | 0 | 0 | 0 | 1 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | Florida | 2022 | 52 | 1 | 0 | 0 | 0 | 5 | 48 | | | 2023 | 48 | 5 | 0 | 0 | 0 | 10 | 43 | | | 2024 | 43 | 5 | 0 | 0 | 0 | 6 | 42 | | Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions Other Reasons | Col. 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | Georgia | 2022 | 79 | 1 | 0 | 0 | 0 | 6 | 74 | | | 2023 | 74 | 2 | 0 | 0 | 0 | 7 | 69 | | | 2024 | 69 | 1 | 0 | 0 | 0 | 4 | 66 | | Illinois | 2022 | 22 | 0 | 0 | 0 | 0 | 0 | 22 | | | 2023 | 22 | 0 | 0 | 0 | 0 | 1 | 21 | | | 2024 | 21 | 0 | 0 | 0 | 0 | 8 | 13 | | Indiana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Iowa | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Louisiana | 2022 | 19 | 2 | 0 | 0 | 0 | 0 | 21 | | | 2023 | 21 | 2 | 0 | 0 | 0 | 2 | 21 | | | 2024 | 21 | 0 | 0 | 0 | 0 | 0 | 21 | | Maryland | 2022 | 33 | 0 | 0 | 0 | 0 | 0 | 33 | | | 2023 | 33 | 1 | 0 | 0 | 0 | 0 | 34 | | | 2024 | 34 | 1 | 0 | 0 | 0 | 1 | 34 | | Michigan | 2022 | 34 | 0 | 0 | 0 | 0 | 0 | 34 | | | 2023 | 34 | 0 | 0 | 0 | 0 | 1 | 33 | | | 2024 | 33 | 0 | 0 | 0 | 0 | 0 | 33 | | Minnesota | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Mississippi | 2022 | 6 | 5 | 0 | 0 | 0 | 0 | 11 | | | 2023 | 11 | 1 | 0 | 0 | 0 | 1 | 11 | | | 2024 | 11 | 0 | 0 | 0 | 0 | 2 | 9 | | New Jersey | 2022 | 12 | 0 | 0 | 0 | 0 | 0 | 12 | | Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Opera- tions Other Reasons | Col. 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | | 2023 | 12 | 0 | 0 | 0 | 0 | 2 | 10 | | | 2024 | 10 | 2 | 0 | 0 | 0 | 0 | 12 | | New York | 2022 | 45 | 2 | 0 | 0 | 0 | 3 | 44 | | | 2023 | 44 | 1 | 0 | 0 | 0 | 8 | 37 | | | 2024 | 37 | 0 | 0 | 0 | 0 | 2 | 35 | | North | 2022 | 9 | 1 | 0 | 0 | 0 | 0 | 10 | | Carolina | | | | | | | | | | | 2023 | 10 | 2 | 0 | 0 | 0 | 2 | 10 | | | 2024 | 10 | 0 | 0 | 0 | 0 | 1 | 9 | | Pennsylvania | 2022 | 11 | 0 | 0 | 0 | 0 | 1 | 10 | | | 2023 | 10 | 1 | 0 | 0 | 0 | 8 | 3 | | | 2024 | 3 | 4 | 0 | 0 | 0 | 0 | 7 | | South | 2022 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | Carolina | | | | | | | | | | | 2023 | 7 | 1 | 0 | 0 | 0 | 1 | 7 | | | 2024 | 7 | 2 | 0 | 0 | 0 | 0 | 9 | | Tennessee | 2022 | 16 | 7 | 0 | 0 | 0 | 0 | 23 | | | 2023 | 23 | 0 | 0 | 0 | 0 | 1 | 22 | | | 2024 | 22 | 1 | 0 | 0 | 0 | 8 | 15 | | Texas | 2022 | 34 | 2 | 0 | 0 | 0 | 6 | 30 | | | 2023 | 30 | 1 | 0 | 0 | 0 | 6 | 25 | | | 2024 | 25 | 1 | 0 | 0 | 0 | 3 | 23 | | Virginia | 2022 | 6 | 2 | 0 | 0 | 0 | 1 | 7 | | | 2023 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | West Virginia | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Wisconsin | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | * This includes 29 restaurants that were previously considered temporarily closed but which are now permanently closed.
Table No. 4 Status of Company-Owned Outlets For years 2022 to 2024
| Col. 1 | Col. 2 | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, there were a total of 36 franchise transfers in 2022. This number reflects transfers of outlets from existing franchisees to new owners, excluding transfers back to Checkersrallys itself.
To provide more detail, the FDD includes a table that breaks down the number of transfers by state for 2022. For example, Delaware and Florida each had 0 transfers, Georgia had 1, Illinois had 9, Indiana had 4, Maryland had 3, Michigan had 16, North Carolina had 2, New Jersey had 0, Tennessee had 0, Texas had 0, and Virginia had 1 transfer. Kentucky had 1 transfer.
This information is valuable for prospective franchisees as it provides insight into the stability and turnover within the Checkersrallys franchise system. A high number of transfers could indicate issues with franchisee profitability or satisfaction, while a low number may suggest a stable and successful franchise network. It is important to note that a single transaction can involve the sale of multiple outlets, as indicated in a footnote within the FDD. Therefore, the number of transfers does not directly equate to the number of individual restaurants that changed ownership.