What was the total amount of franchise fees and other income for Checkersrallys as of June 16, 2023?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | January 1, 2024 | June 16, 2023 | |||
|---|---|---|---|---|---|
| Revenues | |||||
| Restaurant sales | $ 255,474 | $ 141,217 | $ 130,191 | ||
| Franchise and retail royalty revenue | 35,389 | 18,608 | 15,385 | ||
| Franchise fees and other income | 9,518 | 5,317 | 4,061 | ||
| Total revenues | 300,381 | 165,142 | 149,637 |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the total franchise fees and other income as of June 16, 2023, was $4,061. This figure represents the revenue Checkersrallys recognized from franchise fees and other related income sources during that specific period. Franchise fees typically include initial fees paid by new franchisees and other recurring fees for services or support provided by Checkersrallys.
For a prospective franchisee, this number offers insight into the revenue streams of Checkersrallys. While this is only a snapshot in time, it can be compared to other periods to understand trends. A consistent or growing revenue from franchise fees and other income may indicate a healthy and expanding franchise system. However, it's important to consider this figure in conjunction with other revenue sources, such as restaurant sales and royalty revenue, to get a comprehensive view of Checkersrallys's financial performance.
It is also important to note that this figure does not represent the profitability of Checkersrallys, as it does not account for the costs and expenses associated with generating this revenue. A prospective franchisee should review the full Item 23 in the FDD, as well as other financial statements, to assess the overall financial health and stability of Checkersrallys. Understanding the various revenue streams and associated expenses can help a franchisee make an informed decision about investing in the Checkersrallys franchise system.
Furthermore, the FDD includes additional information regarding deferred franchise fees, which are fees collected but not yet recognized as revenue. Monitoring the deferred revenue can provide insights into future revenue recognition and the financial obligations Checkersrallys has to its franchisees. A prospective franchisee should analyze these deferred amounts to understand the timing of revenue recognition and its potential impact on Checkersrallys's financial performance.