Franopolis

    Checkers & Rally’s Restaurants, Inc

    Franchise research report · reviewed 2026 disclosure data

    Researching Checkers & Rally’s Restaurants, Inc franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources
    Franchising since
    1999
    Source: franchise.org
    Headquarters
    Tampa, FL United States
    Source: franchise.org

    Checkers Restaurants franchise specializes in double drive-thru quick-service dining, known for its bold-flavored burgers, seasoned fries, and efficient service

    Headline figures

    Quick facts

    How much does it cost to open a Checkers & Rally’s Restaurants, Inc franchise?
    The Checkers & Rally’s Restaurants, Inc Franchise Disclosure Document reports separate estimated initial investments by format: $619,000–$1,492,000 for conversion only (conversion — total excluding real estate/related costs) (2026 FDD, Item 7, PDF p. 31); $767,500–$1,705,000 for site built — total excluding real estate/related costs (2026 FDD, Item 7, PDF p. 32); $449,000–$1,915,000 for modular drive-through — total excluding real estate/related costs (2026 FDD, Item 7, PDF p. 30); $309,000–$1,134,250 for endcap/gas/convenience — total excluding real estate/related costs (2026 FDD, Item 7, PDF p. 33); $214,000–$736,000 for nontraditional/walmart/sports arena — total excluding real estate/related costs (2026 FDD, Item 7, PDF p. 35); $651,500–$1,055,250 for inline high-density — total excluding real estate/related costs (2026 FDD, Item 7, PDF p. 34). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Checkers & Rally’s Restaurants, Inc initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $30,000 (2026 FDD, Item 5, PDF p. 16). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Checkers & Rally’s Restaurants, Inc charge?
    The disclosed ongoing royalty is $2 (2026 FDD, Item 6, PDF p. 20). The brand or advertising fund contribution is $15,000 (2026 FDD, Item 6, PDF p. 18). Other recurring fees are listed in Item 6. Details
    Does Checkers & Rally’s Restaurants, Inc disclose financial performance (Item 19)?
    Yes. The Checkers & Rally’s Restaurants, Inc FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 76). Figures apply only to the locations and period each one covers. Details
    How many Checkers & Rally’s Restaurants, Inc locations are there?
    The FDD reports 288 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 84). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $619,000 – $1,492,000 (Conversion — Total excluding real estate/related costs); $767,500 – $1,705,000 (Site built — Total excluding real estate/related costs); $449,000 – $1,915,000 (Modular drive-through — Total excluding real estate/related costs); $309,000 – $1,134,250 (Endcap/gas/convenience — Total excluding real estate/related costs); $214,000 – $736,000 (Nontraditional/Walmart/sports arena — Total excluding real estate/related costs); $651,500 – $1,055,250 (Inline high-density — Total excluding real estate/related costs); several initial fee options apply.
    2. 2Item 19 covers 26 separate groups: other measures for 2 Company-owned locations; other measures for 115 Company-owned locations; other measures for 320 Franchised locations; other measures for 115 Company-owned locations; other measures for 280 Franchised locations; other measures for 19 Franchised locations; other measures for 21 Franchised locations; other measures for 2 Company-owned locations; other measures for 39 Franchised locations; other measures for 2 Company-owned locations; other measures for 16 14 franchised and2 company-owned locations; other measures for 35 Franchised locations; other measures for 1 Franchised locations; other measures for 3 Franchised locations; other measures for 99 Company-owned locations; other measures for 164 Franchised locations; other measures for 99 Company-owned locations; other measures for 155 Franchised locations; other measures for 5 Franchised locations; other measures for 4 Franchised locations; other measures for 10 Franchised locations; other measures for 10 Franchised locations; other measures for 9 Franchised locations; other measures for 1 Franchised locations; other measures for 50 47 franchised and3 company-owned locations; other measures for 2 locations. They are not combined.
    3. 3Outlets grew by 12 in 2025, to 288 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 6 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (6)

    Each format has its own total. The total depends on the format you choose.

    • Nontraditional/Walmart/sports arena — Total excluding real estate/related costsPDF p. 35$214,000 – $736,000
    • Endcap/gas/convenience — Total excluding real estate/related costsPDF p. 33$309,000 – $1,134,250
    • Modular drive-through — Total excluding real estate/related costsPDF p. 30$449,000 – $1,915,000
    • Conversion — Total excluding real estate/related costsPDF p. 31$619,000 – $1,492,000
    • Inline high-density — Total excluding real estate/related costsPDF p. 34$651,500 – $1,055,250
    • Site built — Total excluding real estate/related costsPDF p. 32$767,500 – $1,705,000

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 16
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Nontraditional net sales royaltyMain ongoing fee

    77 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    26 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Two new company-owned Checkers
    Period
    NET SALES
    Excluded
    Not all costs deducted. Source figures not recomputed.
    Method
    Food/paper less supplier rebates; labor wages/bonus/tax/insurance/benefits. Occupancy/operating includes marketing/utilities/presumed4%royalty; EBITDA excludes multi-unit supervision.

    Locations counted: not stated in the reviewed record

    Other measures · 115 locations

    Who is counted
    Checkers Table A ALL CHECKERS RESTAURANTS
    Period
    Sample
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 320 locations

    Who is counted
    Checkers Table A ALL CHECKERS RESTAURANTS
    Period
    Mean net sales
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 115 locations

    Who is counted
    Checkers Table A SITE BUILT OR CONVERSION RESTAURANT
    Period
    Sample
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 280 locations

    Who is counted
    Checkers Table A SITE BUILT OR CONVERSION RESTAURANT
    Period
    Mean net sales
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 19 locations

    Who is counted
    Checkers Table A ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT
    Period
    Sample
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 21 locations

    Who is counted
    Checkers Table A NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY MARKET
    Period
    Sample
    Excluded
    Exclude under350days2company/12franchised; closures1company/35franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Checkers Table B ALL CHECKERS RESTAURANTS
    Period
    Mean net sales
    Excluded
    The stated Table B exclusion is 7 franchised locations lacking a full 52-week period; no company-owned exclusion is listed.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 39 locations

    Who is counted
    Checkers Table B ALL CHECKERS RESTAURANTS
    Period
    Mean net sales
    Excluded
    Exclude seven franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    Checkers Table B SITE BUILT OR CONVERSION RESTAURANT
    Period
    Sample
    Excluded
    Table B excludes 7 franchised locations lacking a full 52-week period; no company-owned exclusion is listed.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 16 locations

    Who is counted
    Under350-day Rally’s Restaurants
    Period
    Mean net sales
    Excluded
    Partial-year sales not annualized.
    Method
    Unaudited franchise reports/company GAAP; temporary remodel/hurricane/fire/staffing/supply issues, permanent closures or opened afteryearstart.

    Locations counted: not stated in the reviewed record

    Other measures · 35 locations

    Who is counted
    Checkers Table B SITE BUILT OR CONVERSION RESTAURANT
    Period
    Mean net sales
    Excluded
    Exclude seven franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 1 locations

    Who is counted
    Checkers Table B ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT
    Period
    Sample
    Excluded
    Exclude seven franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 3 locations

    Who is counted
    Checkers Table B NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY MARKET
    Period
    Sample
    Excluded
    Exclude seven franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 99 locations

    Who is counted
    Rally’s Table A ALL RALLY’S RESTAURANTS
    Period
    Mean net sales
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 164 locations

    Who is counted
    Rally’s Table A ALL RALLY’S RESTAURANTS
    Period
    Number at/above mean
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 99 locations

    Who is counted
    Rally’s Table A SITE BUILT OR CONVERSION RESTAURANT
    Period
    Percent at/above mean
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 155 locations

    Who is counted
    Rally’s Table A SITE BUILT OR CONVERSION RESTAURANT
    Period
    Mean net sales
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 5 locations

    Who is counted
    Rally’s Table A ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT
    Period
    Mean net sales
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 4 locations

    Who is counted
    Rally’s Table A NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY MARKET
    Period
    Mean net sales
    Excluded
    Exclude under350days4franchised; closures2company/10franchised.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 10 locations

    Who is counted
    First-year of operations for new franchised Rally’s Restaurants opened between January 2023 and December 2025
    Period
    Mean net sales
    Excluded
    Exclude 1 franchised Rally’s Restaurant without a full 52-week period of operation as of the issuance date.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 10 locations

    Who is counted
    Rally’s Table B ALL RALLY’S RESTAURANTS
    Period
    High net sales
    Excluded
    Exclude one franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 9 locations

    Who is counted
    Rally’s Table B SITE BUILT OR CONVERSION RESTAURANT
    Period
    Sample
    Excluded
    Exclude one franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 1 locations

    Who is counted
    Rally’s Table B ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT
    Period
    Sample
    Excluded
    Exclude one franchised lacking full52weeks.
    Method
    Unaudited franchise royalty reports; company GAAP consistent basis. Net sales operating revenue less remitted sales/use/service taxes and documented refunds/credits/allowances/discounts/chargebacks. Not profit; expenses excluded.

    Locations counted: not stated in the reviewed record

    Other measures · 50 locations

    Who is counted
    Under350-day Checkers Restaurants
    Period
    Mean net sales
    Excluded
    Partial-year sales not annualized.
    Method
    Unaudited franchise reports/company GAAP; temporary remodel/hurricane/fire/staffing/supply issues, permanent closures or opened afteryearstart.

    Locations counted: not stated in the reviewed record

    Other measures · 2 locations

    Who is counted
    New company Checkers

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of December 29, 2025 of each year.

    2026 FDD · Item 20 · PDF p. 84

    Net −9 outlets, 2023–2025

    0297202327620242882025−21+12

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($214,000 – $1,915,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 276 to 288 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 16
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Two new company-owned Checkers · PDF p. 76
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A ALL CHECKERS RESTAURANTS · PDF p. 72
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A ALL CHECKERS RESTAURANTS · PDF p. 72
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A SITE BUILT OR CONVERSION RESTAURANT · PDF p. 73
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A SITE BUILT OR CONVERSION RESTAURANT · PDF p. 73
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT · PDF p. 73
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Checkers Table A NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY… · PDF p. 73
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B ALL CHECKERS RESTAURANTS · PDF p. 73
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B ALL CHECKERS RESTAURANTS · PDF p. 73
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B SITE BUILT OR CONVERSION RESTAURANT · PDF p. 73
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Under350-day Rally’s Restaurants · PDF p. 77
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B SITE BUILT OR CONVERSION RESTAURANT · PDF p. 73
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT · PDF p. 73
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Checkers Table B NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY… · PDF p. 73
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A ALL RALLY’S RESTAURANTS · PDF p. 74
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A ALL RALLY’S RESTAURANTS · PDF p. 74
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A SITE BUILT OR CONVERSION RESTAURANT · PDF p. 74
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A SITE BUILT OR CONVERSION RESTAURANT · PDF p. 74
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT · PDF p. 75
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table A NON-TRADITIONAL, WALMART OR IN-LINE RESTAURANT IN HIGH DENSITY… · PDF p. 75
    22. [22]Item 19 — Locations counted not stated in the reviewed record — First-year of operations for new franchised Rally’s Restaurants opened between… · PDF p. 75
    23. [23]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table B ALL RALLY’S RESTAURANTS · PDF p. 75
    24. [24]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table B SITE BUILT OR CONVERSION RESTAURANT · PDF p. 75
    25. [25]Item 19 — Locations counted not stated in the reviewed record — Rally’s Table B ENDCAP STRIP-CENTER & GAS/CONVENIENCE RESTAURANT · PDF p. 75
    26. [26]Item 19 — Locations counted not stated in the reviewed record — Under350-day Checkers Restaurants · PDF p. 77
    27. [27]Item 19 — Locations counted not stated in the reviewed record — New company Checkers · PDF p. 77
    28. [28]Outlet counts — Item 20, Table 1 · PDF p. 84

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    344 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025cash and cash equivalents$13,411
    2025inventory$2,323
    2025prepaid expenses$5,338
    2025total current assets$31,589
    2025operating lease right-of-use assets$120,953
    2025finance lease right-of-use assets$26,429
    2025intangibles assets, net$198,633
    2025favorable leasehold interests$735
    2025goodwill, net$23,704
    2025other assets$945
    2025liabilities and stockholders' equity current liabilities accounts payable$6,436
    2025accrued liabilities$11,525
    2025current portion of deferred revenue$721
    2025current maturities of long-term debt$3,235
    2025current portion of accrued self-insurance$4,184
    2025current portion of operating lease liabilities$9,504
    2025total current liabilities$40,420
    2025deferred income tax liabilities$23,677
    2025unfavorable leasehold interests$55
    2025long-term debt, less current maturities$102,450
    2025financing obligations, less current maturities$7,502
    2025deferred revenue, less current portion$8,001
    2025accrued self-insurance, less current portion$2,020
    2025total liabilities$342,966
    2025restaurant sales$228,919
    2025franchise and retail royalty revenue$33,857
    2025franchise fees and other income$7,119
    2025total revenues$269,895
    2025costs and expenses restaurant food and paper costs$74,951
    2025restaurant occupancy costs$22,719
    2025restaurant depreciation$5,993
    2025other restaurant operating expenses$32,596
    2025general and administrative expenses$32,249
    2025franchise support and service expenses$5,918
    2025advertising expense$11,196
    2025restaurant retirement costs$455
    2025impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$1,373
    2025net loss on sale of restaurant$1,080
    2025net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$1,693
    2025operating income$2,654
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing-$22,306
    2025other incomeMore than one value recorded for this year — open the FDD source before comparing$3
    2025total other-$22,303
    2025loss before income tax expense-$19,649
    2025income tax expense$1,376
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing-$21,025
    2025amortization of deferred financing costs and debt discount$880
    2025provision for credit losses$320
    2025deferred income tax expense$1,309
    2025noncash operating lease expense, net$15,426
    2025change in favorable leasehold interests$686
    2025prepayment costs for debt extinguishment$6,348
    2025noncash interest on long-term debt$4,664
    2025impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$4,998
    2025gain on assignment of operating lease-$275
    2025net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$708
    2025decreaseMore than one value recorded for this year — open the FDD source before comparing-$2,294
    2025decrease in other noncurrent assets$258
    2025decrease) increase in accounts payable$2,874
    2025change in operating lease liabilities-$16,263
    2025proceeds from sale of restaurants$454
    2025capital expenditures-$12,311
    2025net cash used in investing activities-$11,857
    2025principal payments on long-term debt-$94,368
    2025principal payments on financing obligations-$286
    2025repayments on finance lease liabilities-$900
    2025payment on short-term financing-$1,534
    2025proceeds from the issuance of long-term financing$101,920
    2025net cash$1,009
    2025cash, cash equivalents, and restricted cash at beginning of period$15,562
    2025cash, cash equivalents, and restricted cash at end of period$13,411
    2025income taxes paid, net of refunds$514
    2025non-cash right-of-use assets obtainedMore than one value recorded for this year — open the FDD source before comparing-$457
    2025non-cash right-of-use assets obtainedMore than one value recorded for this year — open the FDD source before comparing-$1,211
    2025purchased capital assets on account-$1
    2025financed insurance premiums$1,567
    2025paid-in capital$98,788
    2025retained earnings/deficit-$2,198
    2025total stockholders equity$96,590
    2025accounts and notes receivable, net$9,691
    2025other current assets$826
    2025current portion of finance lease liabilities$996
    2025restaurant labor costs$73,572
    2025total costs and expenses$267,241
    2025net incomeMore than one value recorded for this year — open the FDD source before comparing-$21,025
    2025decreaseMore than one value recorded for this year — open the FDD source before comparing-$488
    2025other changes, net$159
    2025accrued wages and benefits$3,757
    2025decreaseMore than one value recorded for this year — open the FDD source before comparing$41
    2025net cash provided by$8,697
    2025property and equipment, net$36,568
    2025current maturities of financing obligations$62
    2025operating lease liabilities, less current portion$127,067
    2025other long-term liabilities$692
    2025adjustments to reconcile net loss to net cash provided by$9,439
    2025proceeds from short-term financing$2,754
    2025cash paid for interest$8,552
    2025total assets$439,556
    2025finance lease liabilities, less current portion$31,082
    2025other depreciation and amortization$3,446
    2025right-of-use asset amortization for finance lease$1,596
    2025change in unfavorable leasehold interests$58
    2025noncash stock based compensation$339
    2025decrease) increase in accrued liabilities, accrued wages and benefits, deferred revenue, self-insurance, and long-term liabilities-$1,061
    2025net increase-$2,151
    2025non-cash interest$4,664
    2024cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$15,562
    2024accounts and notes receivable, netMore than one value recorded for this year — open the FDD source before comparing$7,717
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$2,428
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$5,338
    2024property and equipment, netMore than one value recorded for this year — open the FDD source before comparing$31,679
    2024operating lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$132,807
    2024finance lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$31,231
    2024intangibles assets, netMore than one value recorded for this year — open the FDD source before comparing$198,723
    2024favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$1,421
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$1,203
    2024total assetsMore than one value recorded for this year — open the FDD source before comparing$455,780
    2024liabilities and stockholders' equity current liabilities accounts payableMore than one value recorded for this year — open the FDD source before comparing$3,563
    2024accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$13,855
    2024accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$3,708
    2024current portion of deferred revenueMore than one value recorded for this year — open the FDD source before comparing$618
    2024current maturities of financing obligationsMore than one value recorded for this year — open the FDD source before comparing$67
    2024current portion of accrued self-insuranceMore than one value recorded for this year — open the FDD source before comparing$2,365
    2024current portion of operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$11,490
    2024current portion of finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$966
    2024total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing$38,420
    2024deferred income tax liabilitiesMore than one value recorded for this year — open the FDD source before comparing$22,368
    2024unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$113
    2024finance lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$33,979
    2024long-term debt, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$90,271
    2024financing obligations, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$7,783
    2024accrued self-insurance, less current portionMore than one value recorded for this year — open the FDD source before comparing$2,020
    2024other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$878
    2024restaurant salesMore than one value recorded for this year — open the FDD source before comparing$255,474
    2024franchise and retail royalty revenueMore than one value recorded for this year — open the FDD source before comparing$35,389
    2024total revenuesMore than one value recorded for this year — open the FDD source before comparing$300,381
    2024costs and expenses restaurant food and paper costsMore than one value recorded for this year — open the FDD source before comparing$81,660
    2024restaurant labor costsMore than one value recorded for this year — open the FDD source before comparing$79,230
    2024restaurant depreciationMore than one value recorded for this year — open the FDD source before comparing$5,871
    2024other restaurant operating expensesMore than one value recorded for this year — open the FDD source before comparing$34,053
    2024franchise support and service expensesMore than one value recorded for this year — open the FDD source before comparing$5,226
    2024advertising expenseMore than one value recorded for this year — open the FDD source before comparing$14,397
    2024other depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$3,441
    2024impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$2,384
    2024net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$64
    2024total costs and expensesMore than one value recorded for this year — open the FDD source before comparing$288,058
    2024operating incomeMore than one value recorded for this year — open the FDD source before comparing$12,323
    2024total otherMore than one value recorded for this year — open the FDD source before comparing-$15,786
    2024loss before income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$3,463
    2024provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$582
    2024deferred income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$25,962
    2024noncash operating lease expense, netMore than one value recorded for this year — open the FDD source before comparing$14,873
    2024right-of-use asset amortization for finance leaseMore than one value recorded for this year — open the FDD source before comparing$2,699
    2024change in favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$427
    2024change in unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$56
    2024noncash stock based compensationMore than one value recorded for this year — open the FDD source before comparing$498
    2024noncash interest on long-term debtMore than one value recorded for this year — open the FDD source before comparing$5,201
    2024net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$64
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$264
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$250
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$30
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing$1,881
    2024decrease in other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing$1,150
    2024decrease) increase in accounts payableMore than one value recorded for this year — open the FDD source before comparing$582
    2024decrease) increase in accrued liabilities, accrued wages and benefits, deferred revenue, self-insurance, and long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$680
    2024change in operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$17,434
    2024other changes, netMore than one value recorded for this year — open the FDD source before comparing-$793
    2024net cash provided byMore than one value recorded for this year — open the FDD source before comparing$15,850
    2024capital expendituresMore than one value recorded for this year — open the FDD source before comparing-$10,024
    2024principal payments on long-term debtMore than one value recorded for this year — open the FDD source before comparing-$812
    2024principal payments on financing obligationsMore than one value recorded for this year — open the FDD source before comparing-$73
    2024proceeds from short-term financingMore than one value recorded for this year — open the FDD source before comparing$1,464
    2024payment on short-term financingMore than one value recorded for this year — open the FDD source before comparing-$1,515
    2024net increaseMore than one value recorded for this year — open the FDD source before comparing$3,005
    2024cash, cash equivalents, and restricted cash at beginning of periodMore than one value recorded for this year — open the FDD source before comparing$12,557
    2024cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$7,859
    2024income taxes paid, net of refundsMore than one value recorded for this year — open the FDD source before comparing$558
    2024non-cash right-of-use assets obtainedMore than one value recorded for this year — open the FDD source before comparing$7,481
    2024purchased capital assets on accountMore than one value recorded for this year — open the FDD source before comparing$331
    2024financed insurance premiumsMore than one value recorded for this year — open the FDD source before comparing$1,741
    2024non-cash interestMore than one value recorded for this year — open the FDD source before comparing$5,201
    2024retained earnings/deficit$18,785
    2024total stockholders equity$117,234
    2024cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$12,557
    2024accounts and notes receivable, netMore than one value recorded for this year — open the FDD source before comparing$7,717
    2024accounts and notes receivable, netMore than one value recorded for this year — open the FDD source before comparing$7,399
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$2,428
    2024inventoryMore than one value recorded for this year — open the FDD source before comparing$2,178
    2024other current assetsMore than one value recorded for this year — open the FDD source before comparing$2,867
    2024total current assetsMore than one value recorded for this year — open the FDD source before comparing$31,844
    2024total current assetsMore than one value recorded for this year — open the FDD source before comparing$30,309
    2024property and equipment, netMore than one value recorded for this year — open the FDD source before comparing$31,679
    2024property and equipment, netMore than one value recorded for this year — open the FDD source before comparing$29,309
    2024operating lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$145,380
    2024finance lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$31,231
    2024finance lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$22,632
    2024intangibles assets, netMore than one value recorded for this year — open the FDD source before comparing$198,723
    2024intangibles assets, netMore than one value recorded for this year — open the FDD source before comparing$198,849
    2024goodwill, netMore than one value recorded for this year — open the FDD source before comparing$26,872
    2024goodwill, netMore than one value recorded for this year — open the FDD source before comparing$30,037
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$1,203
    2024other assetsMore than one value recorded for this year — open the FDD source before comparing$2,353
    2024total assetsMore than one value recorded for this year — open the FDD source before comparing$455,780
    2024total assetsMore than one value recorded for this year — open the FDD source before comparing$460,717
    2024liabilities and stockholders' equity current liabilities accounts payableMore than one value recorded for this year — open the FDD source before comparing$2,650
    2024accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$13,855
    2024accrued liabilitiesMore than one value recorded for this year — open the FDD source before comparing$13,801
    2024total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing$39,122
    2024deferred income tax liabilitiesMore than one value recorded for this year — open the FDD source before comparing$22,368
    2024deferred income tax liabilitiesMore than one value recorded for this year — open the FDD source before comparing$48,330
    2024operating lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$134,307
    2024operating lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$149,180
    2024finance lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$33,979
    2024finance lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$24,738
    2024long-term debt, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$90,271
    2024long-term debt, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$85,812
    2024deferred revenue, less current portionMore than one value recorded for this year — open the FDD source before comparing$6,373
    2024deferred revenue, less current portionMore than one value recorded for this year — open the FDD source before comparing$6,937
    2024accrued self-insurance, less current portionMore than one value recorded for this year — open the FDD source before comparing$2,020
    2024accrued self-insurance, less current portionMore than one value recorded for this year — open the FDD source before comparing$2,211
    2024unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$113
    2024unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$169
    2024other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$1,077
    2024total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$338,546
    2024total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$365,422
    2024franchise fees and other incomeMore than one value recorded for this year — open the FDD source before comparing$9,518
    2024total revenuesMore than one value recorded for this year — open the FDD source before comparing$300,381
    2024restaurant labor costsMore than one value recorded for this year — open the FDD source before comparing$79,230
    2024restaurant occupancy costsMore than one value recorded for this year — open the FDD source before comparing$22,378
    2024general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$39,215
    2024franchise support and service expensesMore than one value recorded for this year — open the FDD source before comparing$5,226
    2024restaurant retirement costsMore than one value recorded for this year — open the FDD source before comparing$139
    2024impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$2,384
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing-$15,789
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing$3
    2024loss before income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$3,463
    2024income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$24,723
    2024amortization of deferred financing costs$294
    2024provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$582
    2024noncash operating lease expense, netMore than one value recorded for this year — open the FDD source before comparing$14,873
    2024right-of-use asset amortization for finance leaseMore than one value recorded for this year — open the FDD source before comparing$2,699
    2024change in favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$427
    2024change in unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$56
    2024noncash stock based compensationMore than one value recorded for this year — open the FDD source before comparing$498
    2024noncash interest on long-term debtMore than one value recorded for this year — open the FDD source before comparing$5,201
    2024impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$2,384
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$264
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$250
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing-$30
    2024decrease in other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing$1,150
    2024decrease) increase in accounts payableMore than one value recorded for this year — open the FDD source before comparing$582
    2024decrease) increase in accrued liabilities, accrued wages and benefits, deferred revenue, self-insurance, and long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$680
    2024change in operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$17,434
    2024other changes, netMore than one value recorded for this year — open the FDD source before comparing-$793
    2024net cash provided byMore than one value recorded for this year — open the FDD source before comparing$15,850
    2024net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$10,024
    2024principal payments on long-term debtMore than one value recorded for this year — open the FDD source before comparing-$812
    2024principal payments on financing obligationsMore than one value recorded for this year — open the FDD source before comparing-$73
    2024repayments on finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$1,885
    2024proceeds from short-term financingMore than one value recorded for this year — open the FDD source before comparing$1,464
    2024payment on short-term financingMore than one value recorded for this year — open the FDD source before comparing-$1,515
    2024net cashMore than one value recorded for this year — open the FDD source before comparing-$2,821
    2024cash, cash equivalents, and restricted cash at end of periodMore than one value recorded for this year — open the FDD source before comparing$15,562
    2024cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$7,859
    2024non-cash right-of-use assets obtained in exchange for operating leases$664
    2024purchased capital assets on accountMore than one value recorded for this year — open the FDD source before comparing$331
    2024january 1, 2024 paid-in capital$97,951
    2024january 1, 2024 retained deficit-$2,656
    2024january 1, 2024 total stockholders equity$95,295
    2024other current assetsMore than one value recorded for this year — open the FDD source before comparing$799
    2024franchise fees and other incomeMore than one value recorded for this year — open the FDD source before comparing$9,518
    2024restaurant occupancy costsMore than one value recorded for this year — open the FDD source before comparing$22,378
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing-$15,789
    2024total current assetsMore than one value recorded for this year — open the FDD source before comparing$31,844
    2024current maturities of long-term debtMore than one value recorded for this year — open the FDD source before comparing$1,788
    2024operating lease liabilities, less current portionMore than one value recorded for this year — open the FDD source before comparing$134,307
    2024restaurant retirement costsMore than one value recorded for this year — open the FDD source before comparing$139
    2024income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$24,723
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$21,260
    2024net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$10,024
    2024operating lease right-of-use assetsMore than one value recorded for this year — open the FDD source before comparing$132,807
    2024goodwill, netMore than one value recorded for this year — open the FDD source before comparing$26,872
    2024deferred revenue, less current portionMore than one value recorded for this year — open the FDD source before comparing$8,407
    2024other incomeMore than one value recorded for this year — open the FDD source before comparing$3
    2024non-cash right-of-use assets obtainedMore than one value recorded for this year — open the FDD source before comparing$664
    2024total liabilitiesMore than one value recorded for this year — open the FDD source before comparing$338,546
    2024general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$39,215
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$21,260
    2024adjustments to reconcile net loss to net cash provided by$9,312
    2024amortization of deferred financing costs and debt discount$294
    2024impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$2,384
    2024other current assetsMore than one value recorded for this year — open the FDD source before comparing$799
    2024favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$1,421
    2024current portion of deferred revenueMore than one value recorded for this year — open the FDD source before comparing$2,717
    2024current maturities of financing obligationsMore than one value recorded for this year — open the FDD source before comparing$67
    2024current portion of accrued self-insuranceMore than one value recorded for this year — open the FDD source before comparing$1,640
    2024total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing$40,454
    2024restaurant salesMore than one value recorded for this year — open the FDD source before comparing$255,474
    2024repayments on finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$1,885
    2024cash, cash equivalents, and restricted cash at end of periodMore than one value recorded for this year — open the FDD source before comparing$15,562
    2024paid-in capital$98,449
    2024cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing$15,562
    2024accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$4,148
    2024current maturities of long-term debtMore than one value recorded for this year — open the FDD source before comparing$1,788
    2024current maturities of financing obligationsMore than one value recorded for this year — open the FDD source before comparing$77
    2024current portion of operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$11,490
    2024current portion of finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$966
    2024restaurant depreciationMore than one value recorded for this year — open the FDD source before comparing$5,871
    2024other restaurant operating expensesMore than one value recorded for this year — open the FDD source before comparing$34,053
    2024net cashMore than one value recorded for this year — open the FDD source before comparing-$2,821
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$5,308
    2024net increaseMore than one value recorded for this year — open the FDD source before comparing$3,005
    2024non-cash interestMore than one value recorded for this year — open the FDD source before comparing$5,201
    2024prepaid expensesMore than one value recorded for this year — open the FDD source before comparing$5,338
    2024favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$1,848
    2024liabilities and stockholders' equity current liabilities accounts payableMore than one value recorded for this year — open the FDD source before comparing$3,563
    2024accrued wages and benefitsMore than one value recorded for this year — open the FDD source before comparing$3,708
    2024current portion of deferred revenueMore than one value recorded for this year — open the FDD source before comparing$2,652
    2024current maturities of long-term debtMore than one value recorded for this year — open the FDD source before comparing$1,802
    2024current portion of accrued self-insuranceMore than one value recorded for this year — open the FDD source before comparing$2,365
    2024current portion of operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$11,742
    2024current portion of finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing$545
    2024financing obligations, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$7,846
    2024financing obligations, less current maturitiesMore than one value recorded for this year — open the FDD source before comparing$7,783
    2024costs and expenses restaurant food and paper costsMore than one value recorded for this year — open the FDD source before comparing$81,660
    2024advertising expenseMore than one value recorded for this year — open the FDD source before comparing$14,397
    2024operating incomeMore than one value recorded for this year — open the FDD source before comparing$12,323
    2024depreciation and amortization$9,312
    2024cash, cash equivalents, and restricted cash at beginning of periodMore than one value recorded for this year — open the FDD source before comparing$12,557
    2024income taxes paid, net of refundsMore than one value recorded for this year — open the FDD source before comparing$558
    2024franchise and retail royalty revenueMore than one value recorded for this year — open the FDD source before comparing$35,389
    2024net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$64
    2024deferred income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$25,962
    2024net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$64
    2024total otherMore than one value recorded for this year — open the FDD source before comparing-$15,786
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$21,260
    2024other depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$3,441
    2024total costs and expensesMore than one value recorded for this year — open the FDD source before comparing$288,058
    2024net incomeMore than one value recorded for this year — open the FDD source before comparing$21,260
    2024decreaseMore than one value recorded for this year — open the FDD source before comparing$1,881
    2024capital expendituresMore than one value recorded for this year — open the FDD source before comparing-$10,024
    2024financed insurance premiumsMore than one value recorded for this year — open the FDD source before comparing$1,741
    2024non-cash right-of-use assets obtained in exchange for finance leases$7,481
    2024other long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$878
    2023restaurant salesMore than one value recorded for this year — open the FDD source before comparing$141,217
    2023restaurant salesMore than one value recorded for this year — open the FDD source before comparing$130,191
    2023franchise and retail royalty revenueMore than one value recorded for this year — open the FDD source before comparing$18,608
    2023franchise and retail royalty revenueMore than one value recorded for this year — open the FDD source before comparing$15,385
    2023franchise fees and other incomeMore than one value recorded for this year — open the FDD source before comparing$5,317
    2023franchise fees and other incomeMore than one value recorded for this year — open the FDD source before comparing$4,061
    2023total revenuesMore than one value recorded for this year — open the FDD source before comparing$149,637
    2023costs and expenses restaurant food and paper costsMore than one value recorded for this year — open the FDD source before comparing$45,102
    2023restaurant labor costsMore than one value recorded for this year — open the FDD source before comparing$44,446
    2023restaurant labor costsMore than one value recorded for this year — open the FDD source before comparing$38,348
    2023restaurant occupancy costsMore than one value recorded for this year — open the FDD source before comparing$11,778
    2023other restaurant operating expensesMore than one value recorded for this year — open the FDD source before comparing$17,423
    2023general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$19,435
    2023general and administrative expensesMore than one value recorded for this year — open the FDD source before comparing$36,471
    2023franchise support and service expensesMore than one value recorded for this year — open the FDD source before comparing$3,634
    2023franchise support and service expensesMore than one value recorded for this year — open the FDD source before comparing$1,696
    2023advertising expenseMore than one value recorded for this year — open the FDD source before comparing$8,077
    2023advertising expenseMore than one value recorded for this year — open the FDD source before comparing$6,810
    2023other depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$2,093
    2023restaurant retirement costsMore than one value recorded for this year — open the FDD source before comparing$300
    2023restaurant retirement costsMore than one value recorded for this year — open the FDD source before comparing$596
    2023impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$623
    2023impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$66,633
    2023net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$670
    2023net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$839
    2023total costs and expensesMore than one value recorded for this year — open the FDD source before comparing$159,039
    2023total costs and expensesMore than one value recorded for this year — open the FDD source before comparing$229,584
    2023operating incomeMore than one value recorded for this year — open the FDD source before comparing$6,103
    2023operating incomeMore than one value recorded for this year — open the FDD source before comparing-$79,947
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing-$8,134
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing-$18,326
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing-$375
    2023total otherMore than one value recorded for this year — open the FDD source before comparing-$8,133
    2023loss before income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$2,030
    2023loss before income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$98,648
    2023income tax expenseMore than one value recorded for this year — open the FDD source before comparing$540
    2023income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$7,542
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$2,570
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$91,106
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$2,570
    2023net incomeMore than one value recorded for this year — open the FDD source before comparing-$91,106
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$4,638
    2023depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$8,552
    2023amortization of deferred financing costsMore than one value recorded for this year — open the FDD source before comparing$54
    2023amortization of deferred financing costsMore than one value recorded for this year — open the FDD source before comparing$892
    2023provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$94
    2023deferred income tax expenseMore than one value recorded for this year — open the FDD source before comparing-$7,529
    2023noncash operating lease expense, netMore than one value recorded for this year — open the FDD source before comparing$5,490
    2023noncash operating lease expense, netMore than one value recorded for this year — open the FDD source before comparing$6,878
    2023right-of-use asset amortization for finance leaseMore than one value recorded for this year — open the FDD source before comparing$455
    2023change in favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$232
    2023change in unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing-$29
    2023noncash stock based compensationMore than one value recorded for this year — open the FDD source before comparing$132
    2023noncash stock based compensationMore than one value recorded for this year — open the FDD source before comparing$5,720
    2023noncash interest on long-term debtMore than one value recorded for this year — open the FDD source before comparing$2,534
    2023impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$623
    2023net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$670
    2023net loss on disposal of fixed assetsMore than one value recorded for this year — open the FDD source before comparing$839
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing-$1,693
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing$221
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing-$564
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing-$1,618
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing-$1,241
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing$105
    2023decrease in other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing$231
    2023decrease in other noncurrent assetsMore than one value recorded for this year — open the FDD source before comparing$602
    2023decrease) increase in accounts payableMore than one value recorded for this year — open the FDD source before comparing-$16
    2023decrease) increase in accrued liabilities, accrued wages and benefits, deferred revenue, self-insurance, and long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing$9,416
    2023change in operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$8,154
    2023change in operating lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$8,250
    2023other changes, netMore than one value recorded for this year — open the FDD source before comparing-$584
    2023net cash provided byMore than one value recorded for this year — open the FDD source before comparing-$7,222
    2023net cash provided byMore than one value recorded for this year — open the FDD source before comparing$6,996
    2023capital expendituresMore than one value recorded for this year — open the FDD source before comparing-$5,513
    2023net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$7,269
    2023net cash used in investing activitiesMore than one value recorded for this year — open the FDD source before comparing-$5,513
    2023payment for debt issuance costs-$500
    2023principal payments on long-term debtMore than one value recorded for this year — open the FDD source before comparing-$1,360
    2023principal payments on financing obligationsMore than one value recorded for this year — open the FDD source before comparing-$47
    2023repayments on finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$159
    2023proceeds from short-term financing$1,540
    2023proceeds from the issuance of long-term financing$10,000
    2023net cashMore than one value recorded for this year — open the FDD source before comparing-$1,919
    2023net increaseMore than one value recorded for this year — open the FDD source before comparing-$5,056
    2023net increaseMore than one value recorded for this year — open the FDD source before comparing-$436
    2023cash, cash equivalents, and restricted cash at beginning of periodMore than one value recorded for this year — open the FDD source before comparing$17,613
    2023cash, cash equivalents, and restricted cash at beginning of periodMore than one value recorded for this year — open the FDD source before comparing$18,049
    2023cash, cash equivalents, and restricted cash at end of periodMore than one value recorded for this year — open the FDD source before comparing$12,557
    2023cash, cash equivalents, and restricted cash at end of periodMore than one value recorded for this year — open the FDD source before comparing$17,613
    2023cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$4,619
    2023income taxes paid, net of refundsMore than one value recorded for this year — open the FDD source before comparing$18
    2023income taxes paid, net of refundsMore than one value recorded for this year — open the FDD source before comparing$43
    2023non-cash right-of-use assets obtained in exchange for operating leasesMore than one value recorded for this year — open the FDD source before comparing$1,006
    2023non-cash right-of-use assets obtained in exchange for operating leasesMore than one value recorded for this year — open the FDD source before comparing$1,058
    2023non-cash right-of-use assets obtained in exchange for finance leasesMore than one value recorded for this year — open the FDD source before comparing$8,283
    2023non-cash right-of-use assets obtained in exchange for finance leasesMore than one value recorded for this year — open the FDD source before comparing$7,808
    2023restaurant occupancy costsMore than one value recorded for this year — open the FDD source before comparing$11,145
    2023restaurant depreciationMore than one value recorded for this year — open the FDD source before comparing$7,529
    2023right-of-use asset amortization for finance leaseMore than one value recorded for this year — open the FDD source before comparing$262
    2023provision for credit lossesMore than one value recorded for this year — open the FDD source before comparing$122
    2023change in favorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing$146
    2023repayments on finance lease liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$254
    2023total revenuesMore than one value recorded for this year — open the FDD source before comparing$165,142
    2023other incomeMore than one value recorded for this year — open the FDD source before comparing$1
    2023change in unfavorable leasehold interestsMore than one value recorded for this year — open the FDD source before comparing-$31
    2023noncash interest on long-term debtMore than one value recorded for this year — open the FDD source before comparing$13,808
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing$927
    2023decrease) increase in accrued liabilities, accrued wages and benefits, deferred revenue, self-insurance, and long-term liabilitiesMore than one value recorded for this year — open the FDD source before comparing-$7,774
    2023costs and expenses restaurant food and paper costsMore than one value recorded for this year — open the FDD source before comparing$41,194
    2023decreaseMore than one value recorded for this year — open the FDD source before comparing$1,137
    2023decrease) increase in accounts payableMore than one value recorded for this year — open the FDD source before comparing-$247
    2023other changes, netMore than one value recorded for this year — open the FDD source before comparing-$237
    2023cash paid for interestMore than one value recorded for this year — open the FDD source before comparing$458
    2023financed insurance premiumsMore than one value recorded for this year — open the FDD source before comparing-$518
    2023restaurant depreciationMore than one value recorded for this year — open the FDD source before comparing$2,524
    2023other restaurant operating expensesMore than one value recorded for this year — open the FDD source before comparing$20,357
    2023total otherMore than one value recorded for this year — open the FDD source before comparing-$18,701
    2023impairment of long-lived assetsMore than one value recorded for this year — open the FDD source before comparing$66,633
    2023principal payments on long-term debtMore than one value recorded for this year — open the FDD source before comparing-$1,304
    2023net cashMore than one value recorded for this year — open the FDD source before comparing$9,435
    2023purchased capital assets on accountMore than one value recorded for this year — open the FDD source before comparing$300
    2023non-cash interestMore than one value recorded for this year — open the FDD source before comparing$2,534
    2023deferred income tax expenseMore than one value recorded for this year — open the FDD source before comparing$4
    2023capital expendituresMore than one value recorded for this year — open the FDD source before comparing-$7,269
    2023non-cash interestMore than one value recorded for this year — open the FDD source before comparing$13,808
    2023other depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing$900
    2023principal payments on financing obligationsMore than one value recorded for this year — open the FDD source before comparing-$400
    2023purchased capital assets on accountMore than one value recorded for this year — open the FDD source before comparing$760
    2023financed insurance premiumsMore than one value recorded for this year — open the FDD source before comparing-$1,540

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.

    NNNAF NAF Middle Eastern GrillParis Banh MiPickleman’s Gourmet CafeSammy’s SlidersTSTahini SAdvanced Fresh Concepts

    Head-to-head comparisons

    Checkers & Rally’s Restaurants, Inc vs NAF NAF Middle Eastern GrillCheckers & Rally’s Restaurants, Inc vs Paris Banh MiCheckers & Rally’s Restaurants, Inc vs Pickleman’s Gourmet Cafe
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 7 · PDF p. 1 · 2026 FDD

      Our summary: Cover paid to franchisor/affiliate range

      “This includes $45,000 to $55,000 that must be paid to the franchisor or an affiliate. ”

      Note: This is a state-specific Item 20 entry. The required review scope is limited to national/systemwide Total rows, so this state entry is not verifiable under that scope.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2023 — Start

      “2023 123 112 -11”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2023 — End

      “2023 171 171 0”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2025 — Start

      “2025 166 167 1”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2024 — Start

      “2024 112 110 -2”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2024 — End

      “2024 112 110 -2”

      Note: This is a national systemwide ownership-category row, not a Total Outlets row. The Item 20 review scope is limited to national/systemwide Total rows, so this row is not verified under that scope.

    • Item 20 · PDF p. 78 · 2026 FDD

      Our summary: Checkers Table 1 Company-owned 2025 — End

      “2025 123 121 -2”

      Note: This is a company-owned category row in Item 20, not the national/systemwide Total row. The requested check is limited to Total rows.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2025 — End

      “2025 110 99 -11”

      Note: This is a national systemwide ownership-category row, not a Total Outlets row. The Item 20 review scope is limited to national/systemwide Total rows, so this row is not verified under that scope.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2024 — Start

      “2024 171 166 -5”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2023 — Start

      “2023 171 171 0”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 78 · 2026 FDD

      Our summary: Checkers Table 1 Company-owned 2023 — End

      “2023 132 126 -6”

      Note: This is a state-specific or outlet-type Item 20 row. The requested check is limited to national/systemwide Total rows.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2024 — End

      “2024 171 166 -5”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Franchised 2025 — End

      “2025 166 167 1”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2023 — End

      “2023 123 112 -11”

      Note: The cited value is in a national systemwide ownership-category row, not a Total Outlets row. Under the Item 20 review scope, only national/systemwide Total rows are verified.

    • Item 20 · PDF p. 84 · 2026 FDD

      Our summary: Rally’s Table 1 Company-owned 2025 — Start

      “2025 110 99 -11”

      Note: This is a national systemwide ownership-category row, not a Total Outlets row. The Item 20 review scope is limited to national/systemwide Total rows, so this row is not verified under that scope.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.