Franchise FAQ

is checkers a good franchise

by Jamey Mayert V Published 2 years ago Updated 1 year ago
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Checkers and Rally

Checkers and Rally's

Checkers Drive-In Restaurants, Inc. is one of the largest chains of double drive-thru restaurants in the United States. The company operates Checkers and Rally's restaurants in 28 states and the District of Columbia. They specialize in hamburgers, hot dogs, french fries, and milkshak…

’s is one of the more business-forward restaurant franchises, with executives understanding that if their locations fail, so do they. Because of this, Checkers and Rally’s strives to be inclusive and transparent. The company works closely with its franchisees to ensure a startup and secure business.

Full Answer

What is a fast food Checkers franchise?

Franchise. Checkers franchise is known for having great tasting "hand-seasoned" burgers and fries combined with fast service because the double drive-thru allows service twice as fast as big competitors. On-the-go patrons appreciate the quick service with the added benefit of a value-driven menu offering great food at a great price.

How do checkers&Rally’s franchisees give back?

Several Checkers & Rally’s franchisees have implemented programs to give back in their local markets. Joe Hertzman, owner of 32 Rally’s restaurants in the Louisville, Kentucky market, recently partnered with Jefferson County Public Schools to donate over 164,800 meals to kids in need.

What is a Checkers Drive in franchise?

Checkers Drive-In. Franchise. Checkers franchise is known for having great tasting "hand-seasoned" burgers and fries combined with fast service because the double drive-thru allows service twice as fast as big competitors.

How many Checkers Restaurants have been open?

average, median, low, and high net sales during the first 52-week period of operations for the 1 company-owned and 109 franchised Checkers Restaurants (and 4 company-owned and 22 franchised Rally’s Restaurants) that opened between January 1, 2015 and December 30, 2018

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How much does a Checkers franchise make?

It is not known officially how much does Checkers & Rally's make in profit. Some experts estimate the franchise owners receive $84,000 – $110,000 annually after expenses. This estimate falls in line with similar franchise concepts.

How much does a Checkers franchise owner make?

Checkers Drive-In Restaurants Franchise Owners earn $84,000 annually, or $40 per hour, which is 33% higher than the national average for all Franchise Owners at $60,000 annually and 24% higher than the national salary average for ​all working Americans.

How is Checkers doing financially?

In 2018, Checkers & Rally's posted a net loss of $97.2 million on revenue of $296.7 million, according to its franchise disclosure documents. In 2019 that loss grew to $221.9 million on revenue of $291.3 million. In 2020, net income was $84,000 on revenue of $302.4 million.

Which food franchise is best?

The following are the best food franchises in India in the year 2022:KFC Franchise. Kentucky Fried Chicken (KFC) is the most famous fried chicken recipe brand with no competitors. ... Domino's Franchise. ... Subway Franchise. ... Tibbs Frankie Franchise. ... Chick Blast Franchise. ... Bubbles Franchise. ... Mozart Franchise. ... Amul Ice Cream Business.More items...•

How much does it cost to start checkers?

Estimated initial investment? $790,797 – $2,368,316 – Initial investment range based on various building formats and excludes real estate. Per Item 7 in the 2022 Checkers & Rally's Franchise Disclosure Document (FDD).

How much does spar franchise cost?

Start-up-costs for buying an exisiting store (40% unencumbered ) : KWIKSPAR from R5 million. SPAR from R8 million. SUPERSPAR from R10 million.

Why did Undercover Boss cancel checkers?

shuts down the restaurant on the spot after seeing the. general manager's disrespectful behavior towards his. employees.

Who is the CEO of Checkers?

Frances Allen (Feb 2020–)Checkers and Rally's / CEO

Who is Rick Silva?

Rick Silva is a Brazilian-American artist who makes experimental 3-D animations that explore virtuality, futurology, and speculative ecologies. His works have been screened and exhibited internationally.

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What is the most successful franchise?

The 25 Highest-Grossing Media Franchises of All TimePokémon – $92.121 billion.Hello Kitty – $80.026 billion.Winnie the Pooh – $75.034 billion.Mickey Mouse & Friends – $70.587 billion.Star Wars – $65.631 billion.Anpanman – $60.285 billion.Disney Princess – $45.187 billion.Mario – $36.143 billion.More items...

What is the highest paying franchise?

Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...

Does Rick Ross own checkers?

Ross owns over 20 Wingstop locations, has franchise ownership in Checkers and Rally's restaurants, and partnerships with Luc Belaire and Bumbu spirit brands, Rap Snacks, and VERZUZ.

Who is the CEO of Checkers?

Frances Allen (Feb 2020–)Checkers and Rally's / CEO

Who is the owner of Checkers restaurant?

Rally’s Hamburgers, Inc.Checkers and Rally's / Parent organization

What is the cost of McDonald's franchise?

The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.

What is section 3 of the FDD?

Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Checkers and Rally’s franchise, based on Items 5 and 6 of the company’s 2020 FDD

How many checkers restaurants are there in 2019?

Table A comprises Net Sales information for the 113 company-owned Checkers Restaurants and the 406 franchised Checkers Restaurants that were open and operating during the 52-week period ending December 30, 2019 (the “2019 Fiscal Year”).

What is net sales in a franchise?

As used in this Item 19, “Net Sales” means all revenue derived from operating the Franchised Restaurant, including the aggregate of all sales amounts from food, beverages, and other products sold and services rendered at the Premises or otherwise rendered in connection with the Franchised Restaurant, and all monies derived from sales at or away from the Franchised Restaurant, whether from cash, check, credit or debit card, barter, exchange, trade credit, or other credit transactions, but: (1) excluding all federal, state, or municipal sales, use, or service taxes collected from customers and paid to the appropriate taxing authority; and (2) reduced by the amount of any documented refunds, credits, allowances, adjustments, promotional discounts, and charge-backs the Franchised Restaurant provides to customers in good faith.

When will checkers and rallys open in 2020?

6. In mid-April 2020, Checkers & Rally’s announced a new program starting Saturday, April 18, that offers free meals to medical workers and first responders at more than 250 company-owned Checkers & Rally’s restaurants across the country.

Who owns Checkers and Rally's restaurants?

10. Several Checkers & Rally’s franchisees have implemented programs to give back in their local markets. Joe Hertzman, owner of 32 Rally’s restaurants in the Louisville, Kentucky market, recently partnered with Jefferson County Public Schools to donate over 164,800 meals to kids in need. He also made a $5,000 personal donation to be used toward Chromebooks for students, and he’s working with the Boys and Girls Club of Kentuckiana to donate 4,800 meals.

Who owns checkers in New Jersey?

11. Bruce Keehn, who owns seven Checkers locations in New Jersey, has always provided free meals for first responders, but he recently donated 2,750 additional meals for various local organizations including Community Medical Center and Make-A-Wish Foundation.

Who is the CEO of Checkers and Rally?

Allen succeeds Rick Silva , who has decided to leave the company after 13 years as CEO and president. Allen comes to Checkers & Rally’s with a proven track record of success in the restaurant industry and deep expertise across brand strategy, menu and marketing, franchising, restaurant technology, and restaurant operations, among other disciplines.

What is a checkers franchise?

Checkers franchise is known for having great tasting "hand-seasoned" burgers and fries combined with fast service because the double drive-thru allows service twice as fast as big competitors. On-the-go patrons appreciate the quick service with the added benefit of a value-driven menu offering great food at a great price.

How many Dickey's locations are there?

Dickey's is the largest Barbecue franchise in the world and is an award winning brand. With over 500 locations in 43 states as well international locations, their smokin' franchise has been treating guests to great tasting barbecue since 1941. No restaurant experience needed, total training and support provided.

Is Checkers Drive In a franchise?

Checkers Drive-In is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $300,000 .

Who Makes an Ideal Checkers & Rally's Franchisee?

We are looking for multi-unit franchisees and individuals with prior restaurant/business experience who are seeking a financial investment. Our financial criteria are: Minimum of $750,000 Net Worth and $250,000 Liquid Assets per location.

What is a checkers and rally?

Checkers and Rally’s is a double drive-thru restaurant featuring menu offerings of hamburgers, hot dogs, our award winning fries as well as other menu items.

How much does a "Checkers" franchise cost?

The minimum amount required for a franchisee to invest is $305,000 and can go all the way up to $834,438.

How many "Checkers" units are in the United States?

There are 555 Checkers locations in the United States, of which "134" are corporate units and 421 are franchise units.

From the Franchise Disclosure Document of "Checkers", that was issued on, 03, 25 2021

The franchise offered is to operate a Checkers Restaurant or Rally’s Restaurant featuring a limited menu of hamburgers, cheeseburgers, hot dogs and other menu items

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

What does absentee ownership mean?

Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.

What is checkers rally?

Checkers & Rally’s is a proven drive-thru concept with over 35 years of experience with its bold and flavorful food and amazing value for our guests. Our strong return on investment, small real estate footprint, modular design and competitive growth incentives makes us a great addition to your portfolio.

What is a military discount?

Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.

What is included in the initial investment?

What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.

What is Territory Size based on?

What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.

What is the purpose of royalty fee?

What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.

What is rally hamburger?

Rally’s Hamburgers is part of the Checkers and Rally’s brand, a nationwide network of more than 800 restaurants serving all-American classics like delicious burgers, tender and juicy chicken sandwiches, crispy, flaky fish sandwiches, yummy hot dogs, chicken wings, their famous fries, and an array of scrumptious desserts.

How many Dickey's locations are there?

Dickey's is the largest Barbecue franchise in the world and is an award winning brand. With over 500 locations in 43 states as well international locations, their smokin' franchise has been treating guests to great tasting barbecue since 1941. No restaurant experience needed, total training and support provided.

What is Capriotti's sandwich shop?

Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.

When did rally's hamburgers add ice cream?

Rally’s Hamburgers added ice cream and frozen drinks to its menu in 2011 after testing the items for six months in Indianapolis locations.

Where is rally drive in?

Today, Checkers and Rally’s have more than 800 restaurants operating across the United States. Rally’s is headquartered in Tampa, Florida.

Is rally's checkers the same as rally's checkers?

Rally’s and Checkers have the same menu and are one brand with two names.

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Section I – Checkers & Rally’s Franchise Costs

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Checkers & Rally’s (new modular design single drive-thru restaurant) franchise costs, based on Item 7 of the company’s 2022 FDD:
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Section III – Number of Franchised and Company-Owned Checkers & Rally’s Outlets

  • Franchised
    2019 1. Outlets at the Start of the Year: 460 2. Outlets at the End of the Year: 464 3. Net Change: +4 2020 1. Outlets at the Start of the Year: 464 2. Outlets at the End of the Year: 421 3. Net Change: -43 2021 1. Outlets at the Start of the Year: 421 2. Outlets at the End of the Year: 407 3. …
  • Company-Owned
    2019 1. Outlets at the Start of the Year: 125 2. Outlets at the End of the Year: 122 3. Net Change: -3 2020 1. Outlets at the Start of the Year: 122 2. Outlets at the End of the Year: 134 3. Net Change: +12 2021 1. Outlets at the Start of the Year: 134 2. Outlets at the End of the Year: 135 3. Net Cha…
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Section IV – Background Information on The Checkers & Rally’s Franchise

  • 20 Things You Need to Know About the Checkers & Rally’s Franchise
    Experiences Monumental Year After Successful Expansion on the East and West Coasts 1. In late January 2022, Checkers & Rally’s announced its record year-end progress for 2021 and accelerated growth plans for 2022 as the restaurant brand continues to reach new markets and …
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Section V – Financial Performance Representations

  • Part 1 – Statement of Average and Median Net Sales of Checkers Restaurants
    1. As used in this Item 19, “Net Sales” means all revenue derived from operating the Franchised Restaurant, including the aggregate of all sales amounts from food, beverages, and other products sold and services rendered at the Premises or otherwise rendered in connection with t…
  • Part 2 – Statement of Gross Margin
    1. The Statement of Gross Margin for the New Company Checkers Restaurant consists of the reported Net Sales, food and paper costs, and labor and benefit costs for the 3 company-owned New Checkers Restaurants that were open and operating during the entire 2021 Fiscal Year (“Ne…
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