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In which states did Checkersrallys have zero transfers in 2024?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

3
State Year Number of Transfers
2022 0
Delaware 2023 1
2024 0
Florida 2022 0
2023 0
2024 0

| State | Year | Number of Transfers | |---|---|---| | Delaware | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Florida | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | | Column 1 | Column 2 | Column 3 | | State | Year | Number of Transfers | |---|---|---| | Georgia | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Louisiana | 2022 | 0 | | | 2023 | 0 | | | 2024 | 4 | | Illinois | 2022 | 9 | | | 2023 | 1 | | | 2024 | 0 | | Indiana | 2022 | 4 | | | 2023 | 0 | | | 2024 | 0 | | Maryland | 2022 | 3 | | | 2023 | 0 | | | 2024 | 4 | | Michigan | 2022 | 16 | | | 2023 | 1 | | | 2024 | 0 | | North Carolina | 2022 | 2 | | | 2023 | 0 | | | 2024 | 0 | | New Jersey | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | Tennessee | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Texas | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Virginia | 2022 | 1 | * A number of these transactions involved a multi-unit franchise selling more than 1 outlet to the same buyer in the same transaction.

Table No. 3 Status of Franchised Outlets For years 2022 to 2024

State Year Number of Transfers
2023 0
2024 0
Total 2022 36
2023 6
2024 9
Col. 1 State Col. 2 Year Col. 3 Outlets at Start of Year Col. 4 Outlets Opened Col. 5 Termina- tions Col. 6 Non- Renewals Col. 7 Reacquired by Franchisor Col.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, several states reported zero franchise transfers during the year 2024. Specifically, Delaware, Florida, Georgia, Illinois, Indiana, Michigan, North Carolina, Tennessee, Texas, and Virginia all recorded no transfers of Checkersrallys franchises.

Additionally, Alabama, Arkansas, California, Iowa, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Missouri, Ohio, West Virginia also reported zero transfers in 2024. This data is based on the information provided in Item 20 of the FDD, which details outlet and franchisee information, including the number of transfers that occurred within the Checkersrallys system during the specified year.

For a prospective franchisee, a low number of transfers could indicate stability within the Checkersrallys franchise system in those states. However, it is important to investigate further to understand the reasons behind the transfer numbers. A high number of transfers could indicate issues with profitability or franchisee satisfaction, while a consistently low number might suggest a stable, well-supported franchise network. It is important to note that transfer counts may be impacted by factors such as the number of existing franchisees, the financial health of franchisees, and local market conditions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.