What was the net value of finite-lived intangible assets for Checkersrallys as of January 2, 2023?

According to Checkersrallys's 2025 Franchise Disclosure Document, the net value of finite-lived intangible assets as of January 2, 2023, was $26,335. This figure represents the remaining value of intangible assets with a limited lifespan, such as patents, copyrights, or trademarks, after accounting for amortization.

For a prospective Checkersrallys franchisee, understanding the value and nature of these intangible assets is crucial. These assets often contribute to brand recognition, competitive advantage, and overall business value. The figure of $26,335 indicates the book value of these assets at that specific point in time, reflecting their initial cost less accumulated amortization.

It is important to note that this value is based on accounting principles and may not directly correlate with the actual market value or strategic importance of these assets. Franchisees should consider how Checkersrallys manages and protects these assets, as their continued value can impact the long-term success of the franchise system. Further due diligence into the types of intangible assets included and their remaining useful lives would provide a more comprehensive understanding.

While the FDD provides this historical snapshot, prospective franchisees should also inquire about any changes in intangible assets since January 2, 2023, including acquisitions, disposals, or impairments. Understanding the current status and future plans for these assets will help franchisees assess the ongoing value and relevance of the Checkersrallys brand and its associated intellectual property.