What was the reported total value of Checkersrallys' inventory as of December 30, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
ignificant audit findings, and certain internal control-related matters that we identified during the audit.
Tampa, Florida April 1, 2025
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
| Successor | ||
|---|---|---|
| December 30, | January 1, | |
| 2024 | 2024 | |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $ |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the total value of their inventory as of December 30, 2024, was $2,428. This figure represents the value of raw materials, work-in-progress, and finished goods that Checkersrallys held at that specific point in time.
For a prospective franchisee, understanding the inventory value is crucial as it reflects the scale of operations and the investment required in stocking the restaurant. Efficient inventory management is essential for profitability, as it directly impacts food costs and waste. Franchisees need to ensure they have adequate storage and systems in place to manage inventory effectively.
It's also worth noting that the inventory value can fluctuate based on seasonal demand, promotional activities, and supply chain efficiencies. Therefore, a franchisee should analyze historical inventory data and trends to forecast future needs and optimize ordering practices. This will help in minimizing spoilage and maximizing the return on investment in inventory.