What was the net change in the number of Checkersrallys outlets in Florida during 2023?
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 |
|---|---|---|---|---|---|---|---|
| Florida | 2022 | 104 | 0 | 0 | 1 | 0 | 103 |
| 2023 | 103 | 2 | 0 | 7 | 0 | 98 | |
| 2024 | 98 | 0 | 0 | 2 | 0 | 96 |
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 Checkersrallys outlets in Florida during 2023 was a decrease of 5. At the start of 2023, there were 103 outlets, and by the end of the year, the number had dropped to 98. This decrease is due to 2 outlets opening and 7 outlets closing during that year.
For a prospective franchisee, this indicates a contraction in the Florida market during 2023. While two new Checkersrallys locations opened, seven others closed, resulting in a net loss of five restaurants. This could be due to a variety of factors, such as underperforming locations, changing market conditions, or other business-related issues.
It is important for potential franchisees to investigate the reasons behind these closures and openings to assess the stability and potential of the Checkersrallys franchise in Florida. Understanding the dynamics of the market, including the reasons for closures and the performance of new openings, can help franchisees make informed decisions and mitigate risks. This information is valuable for evaluating the overall health and prospects of the Checkersrallys franchise within the state.