How many Checkersrallys franchise transfers occurred in Delaware during 2023?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| 2022 | 0 | |
| Delaware | 2023 | 1 |
| 2024 | 0 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
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 was one franchise transfer in Delaware during 2023. This information is based on the data provided in Item 20, which outlines outlet and franchisee information, including the number of franchise transfers by state and year. Franchise transfers can occur for various reasons, such as a franchisee selling their business to a new owner, or the franchisor reacquiring the location.
Understanding the number of franchise transfers is important for prospective franchisees as it can provide insights into the stability and health of the franchise system in a particular area. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest a stable and well-managed market.
It is also important to note that Checkersrallys's FDD states that the year-end numbers in the tables are as of the end of each fiscal year. For example, January 1, 2024, represents the end of fiscal year 2023. Therefore, the transfer data reported for 2023 reflects the transfers that occurred up to January 1, 2024.