How many Checkersrallys outlets closed in Illinois during 2022?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 7 | 0 | 0 | 1 | 0 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, one Checkersrallys outlet in Illinois closed during 2022. At the start of 2022, there were seven outlets, and by the end of the year, the number decreased to six. No outlets were opened, reacquired, or sold to franchisees during that year in Illinois.
This information is crucial for potential franchisees as it provides a glimpse into the stability and performance of Checkersrallys restaurants in a specific state. Outlet closures can be indicative of market challenges, management issues, or other factors affecting profitability. Reviewing closure rates over multiple years, as presented in the table, can reveal trends and potential risks associated with operating a Checkersrallys franchise in Illinois.
Prospective franchisees should investigate the reasons behind the closure to understand whether it was an isolated incident or part of a broader trend. Understanding the factors contributing to closures can help franchisees make informed decisions and develop strategies to mitigate similar risks in their own operations. This data, combined with other due diligence, can offer a more comprehensive understanding of the potential opportunities and challenges of investing in a Checkersrallys franchise.