How many Checkersrallys outlets closed in Indiana during 2023?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
------------------------------------|-------------------|---------------------------------------------|-------------------|----------------------------------|-------------------------------------| | State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year | | Alabama | 2022 | 7 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 0 | 0 | 1 | 0 | 6 | | Florida | 2022 | 104 | 0 | 0 | 1
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 5 Checkersrallys outlets closed in Indiana during 2023. At the start of 2023, there were 17 outlets, and after the closures, there were 12 outlets at the end of the year. There were no outlets opened, reacquired from a franchisee, or sold to a franchisee during that year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Checkersrallys restaurants in Indiana. A high number of closures could indicate market challenges or other issues that might affect the profitability of a new franchise. Conversely, a low number of closures could be a positive sign.
It's important to note that these figures only reflect the specific period from January 1, 2023, to December 31, 2023. Prospective franchisees should also consider the reasons behind these closures, which are not detailed in this table. Understanding why outlets closed can provide a more comprehensive view of the risks and opportunities associated with investing in a Checkersrallys franchise in Indiana.