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Entrepreneur: Start & Grow Your Business

Checkers Drive-In Restaurants Inc.

Burgers & fries

Background

Founded: 1986 Franchising since: 1989
4300 W. Cypress St., #600
Tampa, Florida 33607
Phone:
(813)283-7000


Franchisor is a privately-held company with 80 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 589 0 3 252
2008 556 0 5 264
2007 560 0 4 264
2006 539 0 4 273
2005 581 0 4 206

Where Seeking Franchisees
In the U.S.
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $476.7K-617.2K
Franchise fee: $30K
Ongoing royalty fee: 4%
Term of agreement: 20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $150K
Business Experience:
  • Industry experience
  • General business experience


Training and Support

Training
  • Available at headquarters: 4-6 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#89 (2009); #69 (2006); #61 (2005);

America's Top Global Franchises:
#73 (2009); #66 (2006); #59 (2005);