table_specific

In what year were there 9 Checkersrallys franchise transfers in Illinois?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Illinois 2022 9
2023 1
2024 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 77–91)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, there were 9 franchise transfers in Illinois during the year 2022. This information is based on data collected and reported by Checkersrallys regarding franchise activity within its system. Franchise transfers typically involve the sale of an existing franchise unit from one franchisee to another, subject to the franchisor's approval.

For a prospective Checkersrallys franchisee, this data point provides insight into the stability and turnover within the Illinois market. A high number of transfers in a particular year could indicate various factors, such as franchisees exiting the system, changes in market conditions, or strategic realignments. It's important to note that franchise transfers are a normal part of the franchise lifecycle, but significant fluctuations may warrant further investigation.

A potential franchisee should consider this information in conjunction with other data points in Item 20, such as terminations, non-renewals, and the opening of new outlets, to gain a comprehensive understanding of franchise activity in Illinois. Additionally, speaking with current and former franchisees in the state could provide valuable context and insights into the reasons behind these transfers. Understanding the dynamics of franchise transfers can help a prospective franchisee assess the risks and opportunities associated with investing in a Checkersrallys franchise in Illinois.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.