table_specific

What was the net loss for Checkersrallys between June 17, 2023 and January 1, 2024?

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 net loss for the period from June 17, 2023, through January 1, 2024, was $(2,570). This figure represents the company's financial performance during that specific timeframe, indicating that Checkersrallys's expenses exceeded its revenues by $2,570 during this period.

For a prospective franchisee, this information is crucial as it provides insight into the company's recent financial health. A net loss, even if relatively small, may suggest potential challenges in profitability or operational efficiency. It's important to consider this figure in the context of Checkersrallys's overall financial statements and historical performance.

Franchisees should investigate the reasons behind the net loss. Was it due to one-time expenses, seasonal factors, or broader market trends? Understanding the underlying causes will help a franchisee assess the risk and potential for future profitability. It would be prudent to compare this performance against previous years and industry benchmarks to determine if this loss is an anomaly or part of a larger trend.

It is also important to note that the provided financial statement is a consolidated statement, which means it reflects the financial performance of Checkers Drive-In Restaurants, Inc. and its subsidiaries. Therefore, the net loss figure may not directly represent the performance of individual franchise locations, but rather the overall corporate entity.

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.