What was the total number of Checkersrallys transfers in 2022?

According to Checkersrallys's 2025 Franchise Disclosure Document, the total number of outlet transfers in 2022 was 36. This figure represents the total number of times existing Checkersrallys franchisees sold their restaurants to new owners during that year, excluding transfers back to the franchisor.

For a prospective franchisee, this number can indicate the stability and desirability of the franchise system. A higher number of transfers might suggest that franchisees are finding it difficult to operate profitably or are choosing to exit the system for other reasons. Conversely, a very low number could indicate a stable, successful franchise, or it could also mean there's a lack of liquidity in the market for Checkersrallys franchises.

It's important to note that this transfer number doesn't reveal the reasons behind the transfers. Franchisees may transfer their locations due to retirement, financial difficulties, or simply a desire to pursue other opportunities. A prospective franchisee should investigate further, speaking with current and former franchisees to understand the context behind these transfers. Reviewing Item 20 in its entirety provides additional context regarding terminations, non-renewals, and other changes in the franchise system, offering a more comprehensive view of franchisee activity.

It is also important to note that the FDD states that year-end numbers are as of January 2, 2023 for fiscal year 2022, January 1, 2024 for fiscal year 2023, and December 30, 2024 for fiscal year 2024.