|
|
Find a Franchise |
|
|
|
|
Newsletter Sign Up |
|
Sign up for our newsletter and receive a free copy of the first chapter of Bond's Franchise Guide.
|
 |
|
|
|
Checkers Drive-In Restaurants |
|
|
|
|
Quick-service, fast-food restaurant (double drive-thru). Total below reflect ownership of both CHECKERS and RALLY'S brands.
Franchisor Background
Year Established: 1986
Franchising Since: 1989
IFA Member
Operating Units: |
Franchised Units: | 506 | | 63.1% | | |
Company-Owned Units: | 296 | | 36.9% | | |
| ______ | | _____ | | |
Total Operating Units: | 802 | | 100% | | |
|
Geographic Distribution: |
U.S.: | 806 | | 99.6% | | In 40 States |
Canada: | 0 | | 0% | | In 0 Canadian Provinces |
International: | 3 | | 0.4% | | In 0 Foreign Countries |
| ______ | | _____ | | |
Total: | 809 | | 100% | | |
|
North America: |
States/Provinces with the largest number of operating units: |
Density | Units | | | | |
1. Florida | 191 | 2. Georgia | 85 | 3. Alabama | 32 |
Registered in Following Registration States: Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
Minimum Net Worth: | $250K |
Cash Investment: | $150-400K |
Total Investment: | $453-627K |
Average Total Investment: | $540K |
|
Fees: |
Initial Franchise Fee: | $30K |
Average Franchise Fee: | $30K |
On-Going Royalty: | 4% |
Average Royalty: | 4% |
Advertising Fee: | 0.25%+4.75% |
Average Number of Employees: 4 Full-time, 20 Part-time
Space Needs (in square footage): 21,000
Preferred Sites: Free-standing Building
Other Sites:
Encourage Conversions? No
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: | Yes |
Canadian Franchise Association: | No |
Franchisee Association/Member: | Yes, Member |
Size of Corporate Staff: | N/A |
Site Selection Assistance? | Yes |
Lease Negotiation Assistance? | Not Applicable |
Financial Assistance? | No |
|
Marketing Support: |
Co-Op Advertising: | No |
National Advertising: | No |
Regional Advertising: | No |
Local Advertising: | No |
Marketing Materials: | None Specified |
Additional Services: | None Specified |
Other Marketing Support: | None Specified |
|
On-Going Support: |
Central Data Processing: | Included in Fees |
Central Purchasing: | Included in Fees |
Field Operation Evaluation: | Included in Fees |
Field Training: | Included in Fees |
Initial Store Opening: | Included in Fees |
Inventory Control: | Included in Fees |
Franchisee Newsletter: | Included in Fees |
Regional or National Meetings: | Included in Fees |
800 Telephone Hotline: | Included in Fees |
|
Training: |
1. Tampa, FL | 4-6 Weeks |
|
|
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): |
|
Financial Net Worth: | 5 |
General Business Experience: | 4 |
Specific Industry Experience: | 5 |
Formal Education: | 4 |
Psychological Profile: | 4 |
Personal Interview(s): | 4 |
| |
| |
Minority Representation
Units Owned by Minorities: |
African-American: | N/A |
Asian-American: | N/A |
Hispanic: | N/A |
Native American: | N/A |
Other: | Total 5% |
Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
| |
| |
Terms of Contract
Term of Initial Contract: | 20 Year(s) |
Term of Renewal Period: | Agrmt. Year(s) |
Passive Ownership: | Not Allowed |
Area Development Agreements? | Yes, for 1 Year(s) |
Sub-Franchising Contracts? | No |
Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 35
U.S.: | Yes, All United States |
Canada: | Yes, All Canada |
Overseas: | Yes, All Countries |
|
|
|
|
|
|
|
|