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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + up to 3% national production fund + $194-$261/mo technology fees (quarterly tech, firewall, and payment gateway fees)
Franchise Stats
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 to Other Fast Food Franchises
Key Insights
- Lower investment than 83% of Fast Food franchises
- Lower than average SBA loan default rate in Fast Food
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
CHECKERS RESTAURANT OR RALLY'S RESTAURANT Current | $192K - $2.8M | $30K | 4.0% | 547 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| MCDONALD'S | $1.5M - $2.6M | $45K | N/A | 12,772 |
| AFC | $45K - $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K - $728K | $35K | 6.0% | 2,647 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 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
+15 more states
SBA Loan History
Historical SBA 7(a) loan data for CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchisees (2013 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
Unlock Franchisee Contact Database
723 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
Termination disputes and advertising contribution disputes with former franchisees.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchise?
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.
How many CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchise locations are there?
As of the 2024 FDD, CHECKERS RESTAURANT OR RALLY'S RESTAURANT has 547 franchise locations. The company has been franchising since 1986.
Can you get an SBA loan for a CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchise?
Yes, SBA loans are available for CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchises. Historical data shows 94 SBA 7(a) loans have been approved for CHECKERS RESTAURANT OR RALLY'S RESTAURANT franchisees, with an average loan amount of $820,854. The historical default rate is 3.2%.
Is CHECKERS RESTAURANT OR RALLY'S RESTAURANT a good franchise to buy?
CHECKERS RESTAURANT OR RALLY'S RESTAURANT shows several positive indicators: established brand with 547+ locations, low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in CHECKERS RESTAURANT OR RALLY'S RESTAURANT?
Talk to a franchise advisor to get personalized guidance and learn if CHECKERS RESTAURANT OR RALLY'S RESTAURANT is the right fit for you.
Talk to an Advisor