When is the Checkersrallys renewal fee due?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (See Note 1) |
|---|---|---|---|
| Renewal Fee | Up to 50% of then current standard initial franchise fee, depending on the length of your successor franchise term. | Upon signing the new franchise agreement. | If your successor franchise term is 10 years, the renewal fee is 33.33% of the then current initial franchise fee for a new Restaurant; if your successor franchise term is 20 years, the renewal fee is 50% of the then-current initial franchise fee. |
Source: Item 6 — OTHER FEES (FDD pages 21–29)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the renewal fee is due upon signing the new franchise agreement. The renewal fee can be up to 50% of the then-current standard initial franchise fee, and the exact percentage depends on the length of the successor franchise term.
Specifically, if the successor franchise term is 10 years, the renewal fee is 33.33% of the then-current initial franchise fee for a new restaurant. If the successor franchise term is 20 years, the renewal fee increases to 50% of the then-current initial franchise fee.
This means that a Checkersrallys franchisee needs to be prepared to pay a significant fee at the time of renewal, and the amount will depend on the initial franchise fee at that time and the length of the renewal term they choose. It is important for prospective franchisees to factor this potential cost into their long-term financial planning.