What was the net change in the number of company-owned Checkersrallys outlets during 2022?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 413 | 413 | 0 |
| 2023 | 413 | 379 | -34 | |
| 2024 | 379 | 362 | -17 | |
| Company-Owned | 2022 | 139 | 132 | -7 |
| 2023 | 132 | 126 | -6 | |
| 2024 | 126 | 122 | -4 | |
| Total Outlets | 2022 | 552 | 545 | -7 |
| 2023 | 545 | 505 | -42 | |
| 2024 | 505 | 484 | -21 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2022 was -7. This means that Checkersrallys had 7 fewer company-owned restaurants at the end of 2022 than it did at the beginning of the year. At the start of 2022, Checkersrallys had 139 company-owned outlets, which decreased to 132 by the end of the year.
This decrease in company-owned stores could be due to several factors, such as closures, sales to franchisees, or a strategic shift in the company's business model. For a prospective franchisee, this information provides insight into the stability and growth strategy of Checkersrallys. A consistent decrease in company-owned stores might suggest a greater reliance on franchisees or potential challenges in maintaining company-operated locations.
It's important for potential franchisees to investigate the reasons behind this net change. Understanding whether the decrease is due to closures or sales to franchisees can provide a clearer picture of the company's financial health and strategic direction. Further research and discussions with current franchisees and the franchisor can help clarify these points and inform the decision-making process.