What is the total estimated initial investment range for a Checkersrallys Modular Design Drive-Thru Restaurant, excluding real estate?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When Due | To whom payment is to be made |
|---|---|---|---|---|
| Initial Franchise Fee (See Note 1) | $20,000 - $30,000 | Lump sum | At time of signing the Franchise Agreement. | Us |
| Initial Advertising Deposit | $15,000 | Lump sum | When you begin construction at the Premises | NPF Inc. |
| Asset Transfer Fee | $0 - $10,000 | Lump Sum | At time of signing the Franchise Agreement | Us |
| Restaurant Building Costs (See Note 2) | $354,653- $1,292,640 | Dependent upon bank financing | As agreed | Suppliers, Lending Institutions |
| Restaurant Equipment & Technology (See Note 2) | $42,153 - $329,538 | As incurred | On ordering | Suppliers |
| Soft Costs (see Note 3) | $17,200 - $225,625 | Dependent upon bank financing | Dependent upon bank financing | Contractors, Suppliers, Lending Institutions |
| Signage including | $11,914 - | As | On ordering | Suppliers |
| Menuboards | $97,690 | incurred | ||
| Inventory (See Note | $4,000 - $12,000 | As | When delivered | Suppliers |
| 4) | incurred | |||
| Additional Funds - 3 Months (See Note 5) | $50,000 - $120,000 | As incurred | As incurred | Employees, suppliers, utilities, etc. |
| Column 1 Type of expenditure | Column 2 Amount | Column 3 Method of payment | Column 4 When Due | Column 5 To whom payment is to be made |
| TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate and related costs (see Note 2 and 6)) | $514,920 - $2,132,493 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–39)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the total estimated initial investment for a Modular Design Drive-Thru Restaurant, excluding real estate costs, ranges from $514,920 to $2,132,493. This investment encompasses various expenditures, each with its own range.
The initial franchise fee falls between $20,000 and $30,000, payable in a lump sum when signing the Franchise Agreement. An initial advertising deposit of $15,000 is due when construction begins. Restaurant building costs are estimated to be between $354,653 and $1,292,640, while restaurant equipment and technology costs range from $42,153 to $329,538. Soft costs, such as due diligence and permit fees, range from $17,200 to $225,625.
Further costs include signage and menu boards, estimated between $11,914 and $97,690, and an initial inventory investment of $4,000 to $12,000. Checkersrallys also requires additional funds for the first three months of operation, estimated at $50,000 to $120,000, to cover expenses such as payroll and utilities. An asset transfer fee could range from $0 to $10,000.
Prospective franchisees should note that these figures do not include real estate costs, and the actual investment can vary significantly based on factors like location, construction costs, and operational efficiency. It is crucial to carefully review each component of the initial investment and consider potential variations based on individual circumstances.