What is the range for the asset transfer fee for a Checkersrallys franchise?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (See Note 1) | $20,000 - $30,000 | Lump sum | At time of signing the Franchise Agreement. | Us |
| Initial Advertising Deposit | $15,000 | Lump sum | When you begin construction at the Premises | National Production Fund |
| Asset Transfer Fee | $0 - $10,000 | Lump Sum | At time of signing the Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the asset transfer fee ranges from $0 to $10,000. This fee is paid as a lump sum at the time of signing the Franchise Agreement, and it is paid to Checkersrallys.
This fee is applicable when a franchisee is acquiring an existing Checkersrallys restaurant. It's important to note that if you purchase an existing company-owned Checkersrallys Restaurant or Rally's Restaurant, you will pay a $10,000 asset transfer fee in addition to the initial franchise fee for that location.
Understanding the asset transfer fee is crucial for prospective franchisees, especially those considering purchasing an existing Checkersrallys location. This fee, in addition to other costs like the initial franchise fee and potential variations in the initial investment, should be carefully evaluated to determine the overall financial commitment.