CHECKERS RESTAURANT OR RALLY'S RESTAURANT

CHECKERS RESTAURANT OR RALLY'S RESTAURANT

Checkers Drive-In Restaurants, Inc. franchises quick-service drive-thru restaurants under the Checkers and Rally’s brands, offering a limited menu of hamburgers, cheeseburgers, hot dogs, famous seasoned fries, sandwiches, and innovative desserts like milkshakes and funnel cake fries at exceptional value. The business model emphasizes convenience through dual drive-thru designs, small footprints, operational efficiency with metrics-driven tools, and a focus on late-night dining in various formats including modular, site-built, conversions, endcaps, in-lines, and non-traditional sites. They target consumers seeking bold, flavorful alternatives to standard fast-food in the competitive QSR market, including high-density urban areas and traffic-generating locations.

547
Locations
$192K–$2778K
Investment
Since 1986
Franchising
Food & BeverageTampa, FLCheckers Topco, LLCwww.checkers.comDisclaimer

Franchise Costs


Franchise Fee
$30,000
Item 5 of FDD
Initial Investment Range
$192,052 $2,777,950
Low: $192,052High: $2,777,950
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
3.00%
Item 6 of FDD
Fixed Monthly Fees
$194 – $261
Item 6 of FDD

4% royalty + up to 3% national production fund + $194-$261/mo technology fees (quarterly tech, firewall, and payment gateway fees)

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How CHECKERS RESTAURANT OR RALLY'S RESTAURANT Compares


Key Insights

  • Lower investment than 83% of Fast Food franchises
FranchiseInvestmentFeeRoyaltyLocations
CHECKERS RESTAURANT OR RALLY'S RESTAURANT
Current
$192K – $2.8M$30K4.0%547
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
AFC$45K – $151K$6K9.5%3,572
SONIC DRIVE-IN$1.7M – $3.1M$15K5.0%3,441
JIMMY JOHN'S$366K – $728K$35K6.0%2,647
ARBY'S$645K – $2.5M$38K4.0%2,316
Fast Food Average
126 franchises
$594K – $1.5M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 Fast Food franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1GA
69
2FL
43
3CA
41
4NY
37
5MD
34
6KY
28
7IN
27
8TX
25
9TN
22
10IL
21
11MI
19
12NJ
11
13NC
10
14MO
9
15OH
8

+15 more states

SBA Loan History


Historical SBA 7(a) loan data for CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchisees (20132025)

Total Loans
94
Average Loan
$820,854
Total Volume
$77.2M
Default Rate
3.2%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


723 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

723 Contacts Available

Unlock all CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Termination disputes and advertising contribution disputes with former franchisees.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
55
Non-Renewals
0
Reacquired
0
Ceased Ops
60
Transfers
6
Sold to Franchisees
0
Projected New
30

Frequently Asked Questions


The total initial investment to open a CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchise ranges from $192,052 to $2,777,950. This includes a franchise fee of $30,000. Ongoing royalty fees are 4.0% of gross sales.

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