How many Checkersrallys outlets were operating in Virginia at the end of 2024?
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 |
|---|---|---|---|---|---|---|---|
| Virginia | 2022 | 11 | 0 | 0 | 0 | 0 | 11 |
| 2023 | 11 | 0 | 0 | 0 | 0 | 11 | |
| 2024 | 11 | 0 | 0 | 0 | 0 | 11 |
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 11 Checkersrallys restaurants operating in Virginia at the end of 2024. The FDD provides a detailed breakdown of outlet activity by state, including the number of outlets at the start of the year, openings, re acquisitions, closures, sales to franchisees, and the number of outlets at the end of the year. This information is crucial for prospective franchisees as it offers insights into the brand's performance and stability in specific geographic areas.
For a potential Checkersrallys franchisee, this data indicates the existing market presence and potential for growth in Virginia. A consistent or growing number of outlets can suggest a healthy market and brand recognition, while a decline might warrant further investigation into the reasons behind the closures or lack of growth. Reviewing this historical data helps in assessing the market dynamics and the brand's acceptance in the region.
It is important to note that while the FDD provides historical data, it does not guarantee future performance. Factors such as local market conditions, competition, and the franchisee's operational capabilities will also significantly impact the success of a Checkersrallys franchise. Therefore, prospective franchisees should conduct thorough due diligence, including market research and financial analysis, to make an informed decision.