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Franchise: Checkers and Rally's Restaurants Inc.

Initial Investment
LOW:$96,414
HIGH: $1,501,265
Change in Units
+3.2% +26 UNITS (1 Year)
+7.2% +56 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training Onsite: 5 weeks

Additional Training: In training restaurant

About Checkers and Rally's Restaurants Inc.

Checkers Drive-In Restaurants got its start in 1986 in Mobile, Alabama. A year earlier, Rally's Drive-In had opened its first restaurant in Louisville, Kentucky. In 1999, the two concepts merged into a single double drive-thru burger chain. In addition to burgers, the restaurants serve chicken, fish, hot dogs, fries, and desserts.

Founded

1986

Franchising Since

1989 (28 Years)

Corporate Address

4300 W. Cypress St., #600 Tampa, FL 33607

CEO

Enrique Silva

Parent Company

Oak Hill Capital Partners

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Financial Requirements

Initial Investment

$96,414 - $1,501,265

Net-worth Requirement

$750,000

Liquid Cash Requirement

$250,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

4.5%

Financing Options

Checkers and Rally's Restaurants Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


Franchise fee waived

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 5th, 2017

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