Checkers Drive-In Restaurants Inc.

Checkers Drive-In Restaurants Inc.

Burgers, fries
Want to open a Checkers Drive-In Restaurants Inc.?
Units as of 2020
859 (8 added in 3 years)
0.9%
2021 Franchise 500 Rank
#162 Ranked #198 last year
Initial investment
$254K - $1.4M

Company Overview

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.

Interested in opening a Checkers Drive-In Restaurants Inc.?

If you want to know if Checkers Drive-In Restaurants Inc. is the right franchise for you, we’re here to help you start the process of opening this business.

About Checkers Drive-In Restaurants Inc.

Industry
Food
Related Categories
Hamburgers
Founded
1986
Parent Company
Oak Hill Capital Partners
Leadership
Frances Allen, CEO

Franchising Overview

Franchising Since
1989 (32 years)
# of employees at HQ
110
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
859 (as of 2020)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Checkers Drive-In Restaurants Inc. franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$254,000 - $1,431,000
Net Worth Requirement
$750,000
Cash Requirement
$250,000
Veteran Incentives
Franchise fee waived
Royalty Fee
4%
Ad Royalty Fee
4.5%
Term of Agreement
20 years
Is franchise term renewable?
Yes

Interested in opening a Checkers Drive-In Restaurants Inc.?

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Checkers Drive-In Restaurants Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
160-220 hours
Classroom Training
32-40 hours
Additional Training
In training restaurant
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Interested in opening a Checkers Drive-In Restaurants Inc.? We can help you with that!

If you want to know if Checkers Drive-In Restaurants Inc. is the right franchise for you, we’re here to help you start the process of opening this business.

Franchise 500 Ranking History

Compare where Checkers Drive-In Restaurants Inc. landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Checkers Drive-In Restaurants Inc. ranked on other franchise lists? Find out below.

Ranked #162

Franchise 500 Ranking

Ranked #18

Top Franchises for Veterans

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

From the Advertiser

CHECKERS & RALLY’S – ON THE PATH TO 1000 RESTAURANTS!

Checkers & Rally’s with its proven drive-thru concept has it all with bold and flavorful food, amazing value for guests, and growing franchisees. We’ve got your back when it comes to our low initial investment, strong return on investment, nimble modular restaurant design, and competitive franchise growth incentives.

Grow With Us

Our proven drive-thru model with closed and efficient kitchens and an integrated delivery system are driving revenue for our franchise family. Our focus on profitability, operational throughput, and our franchisor/franchisee relationship means we are aligned with Checkers & Rally’s franchisees.

  • ■ Nimble Modular Design ~ Quicker To Develop and Costs Less
    • ✓ Our restaurants fit on sites where other brands don’t
  • ■ Outstanding System Achievements
    • ✓ Category Leading Return On Investment
  • ■ Franchisee Satisfaction
    • ✓ Top 50 Franchise 2019 Franchisee Satisfaction Award**
    • ✓ Named A Best Franchise Deal in 2018, 2017, & 2016***
  • ■ Proud Supporter of U.S. Veterans
    • ✓Checkers & Rally’s is a proud supporter of the International Franchise Association’s VetFran Program. The initial franchise fee for Qualified Veterans is $0…FREE! ($30,000 savings).

Ideal Franchise Candidate

We are looking for multi-unit franchisees, food operators, and entrepreneurs 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.

Make A Difference In Your Community With Checkers & Rally’s!

© 2020 Checkers Drive-In Restaurants, Inc. 4300 W. Cypress St., Suite 600, Tampa, FL 33607. * Per Checkers & Rally’s 2020 Franchise Disclosure Document. **Top 50 Franchise Franchisee Satisfaction Award by Franchise Business Review. ***Named 2018, 2017 & 2016 Best Franchise Deal by QSR Magazine. Written substantiation will be provided on request.

Interested in opening a Checkers Drive-In Restaurants Inc.?

If you want to know if Checkers Drive-In Restaurants Inc. is the right franchise for you, we’re here to help you start the process of opening this business.

Request more information from

Checkers Drive-In Restaurants Inc.

Checkers Drive-In Restaurants Inc.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Entrepreneur Franchise of the Day: X-Golf

X-Golf describes itself as 'an exciting new Indoor Golf Center and bar concept that offers a unique user experience for both the die-hard golfer and everyday amateur.'

The Top 5 Franchises of 2021 From the Entrepreneur Franchise 500

These five franchises managed to survive the challenges of the pandemic with ingenuity and powerful brand trust.

Matthew McCreary

· 6 min read

Taco Bell CEO Mark King on Tapping Into the Human Element of Operations

A conversation with the man who oversees the Franchise 500-topping fast-food chain.

Scott Greenberg

· 4 min read

Free Webinar | March 22: How To Grow Your Business Through Franchising

So you're ready to expand your business, but where and how do you get started? Franchising is one of the fastest ways to grow, but it's not for everyone.

Entrepreneur Insider

· 3 min read

Desmond Lim

· 7 min read

Perfection Not Required

While businesses must constantly evolve, the pursuit of perfection is the enemy of progress.

Mark Siebert

· 5 min read
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
For reprints and licensing questions, click here.