What is the transfer fee for a Checkersrallys Development Agreement?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
nchise Agreements as well as the following table of fees.
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (See Note 1) |
|---|---|---|---|
| Transfer Fee | $20,000 | Upon tran |
Source: Item 6 — OTHER FEES (FDD pages 21–29)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the transfer fee for a Development Agreement is $20,000. This fee is due upon transferring the Development Agreement.
For a prospective Checkersrallys franchisee, this means that if they decide to sell or transfer their Development Agreement to someone else, they will be required to pay Checkersrallys a fee of $20,000 at the time of the transfer. This fee covers Checkersrallys's administrative costs and other expenses associated with approving the transfer and onboarding the new franchisee.
It is important to note that this transfer fee applies specifically to the Development Agreement, which grants the franchisee the right to develop multiple Checkersrallys restaurants within a specific territory. If a franchisee is only transferring a single restaurant or multiple restaurants, a different transfer fee structure applies, as outlined elsewhere in the FDD. Franchisees should carefully review the FDD and consult with Checkersrallys to understand the specific transfer fees that apply to their situation.