What was the total number of Checkersrallys restaurants (company-operated and franchisee-operated) operating at the end of the period ending January 2, 2023?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| For the Periods Ended | |||||||
|---|---|---|---|---|---|---|---|
| • | January 1, 2024 (Successor) | January 2, 2023 (Predecess or) | January 3, 2022 (Predecessor) | ||||
| Company-operated restaurants | |||||||
| Beginning of period | 255 | 266 | 264 | ||||
| New | 2 | ₩); | 3 | ||||
| Acquired from franchisee | 環形 | 3 | ( ) | ||||
| Sold to franchisee | 90 | (9) | = | ||||
| Closed | (19) | (5) | (1) | ||||
| End of period | 238 | 255 | 266 | ||||
| Franchisee-operated restaurants | |||||||
| Beginning of period | 585 | 585 | 594 | ||||
| New | 22 | 28 | 26 | ||||
| Acquired from the Company | 80 | 9 | - | ||||
| Sold to the Company | = | (3) | - | ||||
| Closed | (60) | (34) | (35) | ||||
| End of period | 547 | 585 | 585 | ||||
| Total restaurants operating at end of period | 785 | 840 | 851 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the total number of restaurants operating at the end of the period ending January 2, 2023, was 840. This figure includes both company-operated and franchisee-operated locations. At that time, there were 255 company-operated restaurants and 585 franchisee-operated restaurants.
For a prospective franchisee, this indicates the overall size and scale of the Checkersrallys system at that point in time. It's important to note that this number can fluctuate due to new openings, closures, sales, and acquisitions of restaurants. The FDD provides a historical view of these changes, allowing potential franchisees to assess the brand's growth and stability.
It is important to consider these figures in conjunction with other information in the FDD, such as the number of transfers, terminations, and non-renewals, to gain a comprehensive understanding of the health and dynamics of the Checkersrallys franchise system. Reviewing trends over multiple years can provide a more insightful perspective than looking at a single year in isolation.