What is the range of the asset transfer fee for a Checkersrallys franchise, and when is it due?
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.
The asset transfer fee is due at the time of signing the Franchise Agreement. The payment is made directly to Checkersrallys. This fee covers the costs associated with transferring the rights and obligations of an existing franchise to a new franchisee.
It's important to note that if a prospective franchisee purchases an existing company-owned Checkersrallys Restaurant or Rally's Restaurant, they will pay a $10,000 asset transfer fee in addition to the initial franchise fee for that location. The price and terms of payment for that Checkersrallys Restaurant or Rally's Restaurant will be established by mutual agreement.