What was the total amount of Checkersrallys' financing obligations, less current maturities?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 7,850 | 7,923 | |
|---|---|---|
| ranging from 3.20% to 7.06% | ||
| Total financing obligations | 7,850 | 7,923 |
| Less: current maturities | (67) | (77) |
| Total financing obligations, less current maturities | $7,783 $ | 7,846 |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys' 2025 Franchise Disclosure Document, the total financing obligations, less current maturities, were $7,783 as of December 30, 2024. The corresponding figure for January 1, 2024, was $7,846.
This figure represents the long-term portion of Checkersrallys' financing obligations, meaning the amount of debt not due within the next year. Prospective franchisees should understand the nature of these obligations, as they reflect the company's financial leverage and long-term debt commitments.
Understanding Checkersrallys' financing obligations can provide insight into the company's financial strategy and risk profile. Franchisees may want to compare these figures with those of other similar franchise systems to assess Checkersrallys' financial health relative to its peers. Additionally, it's important to monitor how these obligations change over time, as significant increases could indicate increased financial risk.