What is the Checkersrallys transfer fee for a single restaurant if the transferee is an existing franchisee?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
must be submitted for approval prior to distribution. |
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS (See Note 1) |
|---|---|---|---|
| Transfer Fee | Transfer of a Single Restaurant: $20,000 (or $10,000, if the transferee is an existing franchisee) Transfer of Multiple Restaurants: $20,000 (or $10,000, if the transferee is an existing franchisee) for the first Restaurant, plus $5,000 for each additional Restaurant to be transferred as part of a si |
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 single restaurant is $10,000 if the transferee is an existing franchisee. If the person acquiring the Checkersrallys franchise is not an existing franchisee, the transfer fee is $20,000. This fee is due upon transferring the franchise.
For an existing Checkersrallys franchisee looking to expand by acquiring an additional restaurant, this represents a 50% discount on the standard transfer fee. This lower fee may incentivize existing franchisees to grow their business within the Checkersrallys system.
It is important to note that this fee is separate from other potential costs associated with the transfer, such as legal fees or costs related to updating the restaurant to current brand standards. A prospective franchisee should carefully consider all costs before deciding to acquire an existing Checkersrallys location.