Checkers Drive-In Restaurants Inc.

Checkers Drive-In Restaurants Inc.

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

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.

About Checkers Drive-In Restaurants Inc.

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

More from Checkers Drive-In Restaurants Inc.

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.

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

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

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

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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