table_specific

What was the net income (loss) for Checkersrallys for the period from January 3, 2023 through June 16, 2023?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

tment | | - | | - | | 181 | | 181 | | | Net income | | - | | - | | 21,260 | | 21,260 | | | Balances at December 30, 2024 | $ | - | $ | 98,449 | $ | 18,785 | $ | 117,234 | |

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Successor Predecessor
Yea

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, the company experienced a net loss of $91,106 during the period from January 3, 2023, through June 16, 2023. This figure is part of the consolidated statements of cash flows, reflecting the financial performance of Checkers Drive-In Restaurants, Inc. and its subsidiaries. This loss indicates that the company's expenses exceeded its revenues during this timeframe.

For a prospective franchisee, this information is crucial as it provides insight into the financial stability and profitability of Checkersrallys. A significant net loss could raise concerns about the brand's ability to support its franchisees, invest in marketing, or maintain competitive pricing. It's important to consider this loss in the context of the company's overall financial performance, including subsequent periods and the factors contributing to the loss.

It would be prudent for potential franchisees to investigate the reasons behind this loss. Understanding whether it was due to one-time expenses, strategic investments, or systemic issues is essential. Additionally, reviewing more recent financial statements to assess the company's recovery and current financial health is advisable. Speaking with existing franchisees about their experiences and perspectives on the company's financial management could also provide valuable insights.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.