Checkers Restaurants
Source filing: WI · filed 2026-04-20
Item 5 — Initial franchise fee
$30,000 [p.16 · WI · 2026-04-20]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | 4% of your Net Sales or 2% of your Net Sales if you operate a Restaurant from a Non-Traditional Site. [p.20 · WI · 2026-04-20] |
|---|
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
Not disclosed – Not disclosed
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 356 [p.78 · WI · 2026-04-20] |
|---|---|
| Franchised outlets at end of year | 332 [p.78 · WI · 2026-04-20] |
| Net change in franchised outlets | -24 [p.78 · WI · 2026-04-20] |
| Transfers | 42 [p.80 · WI · 2026-04-20] |
| Terminations | 0 [p.83 · WI · 2026-04-20] |
| Non-renewals | 0 [p.83 · WI · 2026-04-20] |
| Ceased operations (other) | 37 [p.83 · WI · 2026-04-20] |
| Company-owned outlets at end of year | 121 [p.78 · WI · 2026-04-20] |
Item 19 — Financial performance representation
Headline cohort
All Checkers Restaurants - Franchised, 2025 Fiscal Year · 2025 Fiscal Year
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 320 [p.72 · WI · 2026-04-20] | $1,136,589 [p.72 · WI · 2026-04-20] | $1,102,416 [p.72 · WI · 2026-04-20] | $3,102,720 [p.72 · WI · 2026-04-20] | $197,376 [p.72 · WI · 2026-04-20] |
All disclosed cohorts (23)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All Checkers Restaurants - Company-owned, 2025 Fiscal Year 2025 Fiscal Year |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| All Checkers Restaurants - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
320 [p.72 · WI · 2026-04-20] | $1,136,589 [p.72 · WI · 2026-04-20] | $1,102,416 [p.72 · WI · 2026-04-20] | $3,102,720 [p.72 · WI · 2026-04-20] | $197,376 [p.72 · WI · 2026-04-20] |
| Checkers Site Built or Conversion - Company-owned, 2025 Fiscal Year 2025 Fiscal Year |
115 [p.73 · WI · 2026-04-20] | $1,096,821 [p.73 · WI · 2026-04-20] | $1,090,044 [p.73 · WI · 2026-04-20] | $1,765,365 [p.73 · WI · 2026-04-20] | $672,624 [p.73 · WI · 2026-04-20] |
| Checkers Site Built or Conversion - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
280 [p.73 · WI · 2026-04-20] | $1,193,130 [p.73 · WI · 2026-04-20] | $1,145,144 [p.73 · WI · 2026-04-20] | $3,102,720 [p.73 · WI · 2026-04-20] | $260,667 [p.73 · WI · 2026-04-20] |
| Checkers Endcap Strip-Center & Gas/Convenience - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
19 [p.73 · WI · 2026-04-20] | $630,696 [p.73 · WI · 2026-04-20] | $623,432 [p.73 · WI · 2026-04-20] | $1,134,096 [p.73 · WI · 2026-04-20] | $197,376 [p.73 · WI · 2026-04-20] |
| Checkers Non-Traditional, Walmart or In-Line High Density - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
21 [p.73 · WI · 2026-04-20] | $840,420 [p.73 · WI · 2026-04-20] | $902,345 [p.73 · WI · 2026-04-20] | $1,491,491 [p.73 · WI · 2026-04-20] | $264,131 [p.73 · WI · 2026-04-20] |
| Checkers First Year of Operation - Company-owned, 2025 Fiscal Year First 52-week period |
2 [p.73 · WI · 2026-04-20] | $1,275,089 [p.73 · WI · 2026-04-20] | $1,275,089 [p.73 · WI · 2026-04-20] | $1,315,066 [p.73 · WI · 2026-04-20] | $1,235,112 [p.73 · WI · 2026-04-20] |
| Checkers First Year of Operation - Franchised, 2025 Fiscal Year First 52-week period |
39 [p.73 · WI · 2026-04-20] | $1,505,140 [p.73 · WI · 2026-04-20] | $1,461,292 [p.73 · WI · 2026-04-20] | $4,404,287 [p.73 · WI · 2026-04-20] | $398,299 [p.73 · WI · 2026-04-20] |
| Checkers First Year Site Built or Conversion - Company-owned, 2025 Fiscal Year First 52-week period |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Checkers First Year Site Built or Conversion - Franchised, 2025 Fiscal Year First 52-week period |
35 [p.73 · WI · 2026-04-20] | $1,614,209 [p.73 · WI · 2026-04-20] | $1,623,624 [p.73 · WI · 2026-04-20] | $4,404,287 [p.73 · WI · 2026-04-20] | $591,484 [p.73 · WI · 2026-04-20] |
| Checkers First Year Endcap Strip-Center & Gas/Convenience - Franchised, 2025 Fiscal Year First 52-week period |
1 [p.73 · WI · 2026-04-20] | $599,483 [p.73 · WI · 2026-04-20] | $599,483 [p.73 · WI · 2026-04-20] | $599,483 [p.73 · WI · 2026-04-20] | $599,483 [p.73 · WI · 2026-04-20] |
| Checkers First Year Non-Traditional, Walmart or In-Line High Density - Franchised, 2025 Fiscal Year First 52-week period |
3 [p.73 · WI · 2026-04-20] | $534,548 [p.73 · WI · 2026-04-20] | $495,006 [p.73 · WI · 2026-04-20] | $710,338 [p.73 · WI · 2026-04-20] | $398,299 [p.73 · WI · 2026-04-20] |
| All Rally's Restaurants - Company-owned, 2025 Fiscal Year 2025 Fiscal Year |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| All Rally's Restaurants - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
164 [p.74 · WI · 2026-04-20] | $1,134,958 [p.74 · WI · 2026-04-20] | $1,064,667 [p.74 · WI · 2026-04-20] | $2,535,416 [p.74 · WI · 2026-04-20] | $248,313 [p.74 · WI · 2026-04-20] |
| Rally's Site Built or Conversion - Company-owned, 2025 Fiscal Year 2025 Fiscal Year |
99 [p.74 · WI · 2026-04-20] | $1,103,806 [p.74 · WI · 2026-04-20] | $1,049,268 [p.74 · WI · 2026-04-20] | $2,375,855 [p.74 · WI · 2026-04-20] | $609,576 [p.74 · WI · 2026-04-20] |
| Rally's Site Built or Conversion - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Rally's Endcap Strip-Center & Gas/Convenience - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
5 [p.75 · WI · 2026-04-20] | $844,814 [p.75 · WI · 2026-04-20] | $811,557 [p.75 · WI · 2026-04-20] | $1,435,652 [p.75 · WI · 2026-04-20] | $395,659 [p.75 · WI · 2026-04-20] |
| Rally's Non-Traditional, Walmart or In-Line High Density - Franchised, 2025 Fiscal Year 2025 Fiscal Year |
4 [p.75 · WI · 2026-04-20] | $543,329 [p.75 · WI · 2026-04-20] | $616,236 [p.75 · WI · 2026-04-20] | $692,529 [p.75 · WI · 2026-04-20] | $248,313 [p.75 · WI · 2026-04-20] |
| Rally's First Year of Operation - Franchised, 2025 Fiscal Year First 52-week period |
10 [p.75 · WI · 2026-04-20] | $1,370,093 [p.75 · WI · 2026-04-20] | $1,274,445 [p.75 · WI · 2026-04-20] | $2,133,416 [p.75 · WI · 2026-04-20] | $607,350 [p.75 · WI · 2026-04-20] |
| Rally's First Year Site Built or Conversion - Franchised, 2025 Fiscal Year First 52-week period |
9 [p.75 · WI · 2026-04-20] | $1,454,843 [p.75 · WI · 2026-04-20] | $1,353,276 [p.75 · WI · 2026-04-20] | $2,133,416 [p.75 · WI · 2026-04-20] | $995,622 [p.75 · WI · 2026-04-20] |
| Rally's First Year Endcap Strip-Center & Gas/Convenience - Franchised, 2025 Fiscal Year First 52-week period |
1 [p.75 · WI · 2026-04-20] | $607,350 [p.75 · WI · 2026-04-20] | $607,350 [p.75 · WI · 2026-04-20] | $607,350 [p.75 · WI · 2026-04-20] | $607,350 [p.75 · WI · 2026-04-20] |
| Checkers/Rally's Restaurants Open Less Than 350 Days - Checkers, 2025 Fiscal Year 2025 Fiscal Year (less than 350 days) excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Checkers/Rally's Restaurants Open Less Than 350 Days - Rally's, 2025 Fiscal Year 2025 Fiscal Year (less than 350 days) excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
“The following financial performance representation is a historic representation based on the past performance of existing Restaurants.” [p.72 · WI · 2026-04-20]
Extraction notes
- One or more Item 19 figures failed source verification and were removed.
- Item 7 totals were extracted with model assistance and verified against the cited page.