How much cash did Checkersrallys pay for interest from December 30, 2023 through January 1, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Supplemental disclosure of cash flow information: | ||||
|---|---|---|---|---|
| Cash paid for interest | $ 7,859 | $ 4,619 | $ 458 |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the cash paid for interest from December 30, 2023 through January 1, 2024 was $4,619. This figure is part of the supplemental disclosure of cash flow information provided in the FDD.
This information is relevant to potential franchisees as it provides insight into Checkersrallys's cash flow management and how the company handles its interest payments. Understanding these figures can help a franchisee assess the financial health and stability of Checkersrallys.
It's important to note that this figure represents interest paid during a specific period and may not be indicative of future interest payments. Factors such as changes in debt levels, interest rates, and financing arrangements can all impact future interest expenses. Prospective franchisees should consider this information in conjunction with other financial data provided in the FDD and consult with a financial advisor to fully understand the financial implications.