What is the name of the incentive program offered by Checkersrallys to qualified existing franchisees?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| between | CHECKERS | DRIVE-IN | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| RESTAURANTS, INC., a Delaware corporation ("Franchisor," "we," "our," or "us"), and | ||||||||||
| ("you" or "your" or "Franchisee"). We and you may each | be referred to as a "Party," or collectively, the "Parties. |
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the incentive program available to qualified existing franchisees is called the "Existing Franchisee Incentive". This incentive provides a reduction of $10,000 on the Initial Franchise Fee, under Checkersrallys's current franchise agreement, if the franchisee opens their restaurant within one year of signing the Franchise Agreement.
This incentive is designed to encourage existing franchisees to expand their operations by opening additional Checkersrallys locations. By reducing the initial franchise fee, Checkersrallys lowers the financial barrier for current franchisees looking to grow. However, to qualify, the franchisee must open the new restaurant within one year of signing the franchise agreement, creating a timeline for development.
For a franchisee considering this incentive, it's crucial to have a solid plan for opening the new location promptly. Delays in construction, permitting, or other factors could jeopardize the $10,000 reduction in the initial franchise fee. The franchisee must also be an existing franchisee under separate franchise agreements with Checkersrallys for the operation of at least two Checkers or Rally's restaurants to qualify for the incentive.