What right does Checkersrallys offer to qualified persons?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
We offer qualified persons the right to own and operate a Checkers Restaurant or Rally's Restaurant at a location to be agreed upon under our standard form franchise agreement (the "Franchise Agreement"). A copy of the Franchise Agreement is attached as
Exhibit B. If you sign a Franchise Agreement to acquire a Checkers franchise or Rally's franchise, then you will have the right to establish and operate your Checkers Restaurant or Rally's Restaurant (each referred to as the "Franchised Restaurant") at the location we approve (the "Premises").
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–14)
What This Means (2025 FDD)
According to Checkersrallys' 2025 Franchise Disclosure Document, qualified individuals are offered the right to own and operate either a Checkers or a Rally's Restaurant. This right is granted for a location that is mutually agreed upon by both the franchisee and Checkersrallys, and it is formalized through the standard form franchise agreement.
Specifically, upon signing the Franchise Agreement, the franchisee gains the right to establish and operate their Checkersrallys restaurant at the approved location, referred to as the Premises. This agreement is detailed in Exhibit B of the FDD.
Checkersrallys also offers qualified individuals the opportunity to develop multiple restaurants within a specific geographic area through a Development Agreement. This agreement requires the franchisee to open a pre-determined number of Checkersrallys restaurants according to a development schedule. Prior to opening each restaurant, the franchisee must sign Checkersrallys' current form of franchise agreement, which may differ from the one included in the FDD.
In some instances, Checkersrallys may also offer existing company-owned restaurants for sale as franchises. These transactions may involve franchise or business brokers to negotiate the terms of a separate sale of assets agreement, as well as any sale, lease, or sublease of the real estate. In addition to the initial franchise fee, a $10,000 asset transfer fee is required, and a Development Agreement may also be necessary for further development in the area.