How many Checkersrallys outlets ceased operations for other reasons in Mississippi during 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
ble 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. |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, two Checkersrallys outlets in Mississippi ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2024. The table provided in Item 20 of the FDD details outlet summaries for the years 2022 through 2024. This information is crucial for potential franchisees to understand the stability and turnover of Checkersrallys locations in specific states.
Specifically, the data shows that in Mississippi, Checkersrallys had 11 outlets at the start of 2024, opened no new outlets, and had two outlets cease operations for other reasons, resulting in 9 outlets at the end of the year. This contrasts with 2023, where one outlet ceased operations for other reasons, and 2022, where no outlets ceased operations for other reasons.
Understanding the reasons behind outlets ceasing operations, whether due to financial difficulties, location issues, or other factors, is vital for prospective franchisees. While the FDD provides this closure data, it does not elaborate on the specific reasons categorized as 'other'. Therefore, a potential franchisee should engage in thorough due diligence, including asking Checkersrallys for more detailed explanations of why outlets have ceased operations in Mississippi and other relevant markets. This deeper understanding can help in assessing the risks and opportunities associated with investing in a Checkersrallys franchise.