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Checkers Drive-In Restaurants

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Checkers Drive-In Restaurants
4300 W. Cypress St., # 600
Tampa, FL 33607-4159
800#: (800) 275-3628
Tel: (813) 283-7000
Fax: (813) 283-7203
E-Mail: [email protected]
Web Site: www.checkers.com
Contact: Mr. Dick Sveum, VP Franchise Sales/Dev.


Quick-service, fast-food restaurant (double drive-thru).




Franchisor Background


Established: 1986
First Franchise: 1989
Franchise Units: 300
Company-Owned Units: 128
Total Units: 428

Distribution:
U.S. -- 481; Canada -- 0; International -- 0
�North America -- Operations in 24 States
�States/Provinces with Greatest Density: 191 in FL, 85 in GA, 32 AL

Projected New Units Over Next 12 months:35
Franchisee Qualifications:5, 4, 5, 4, 4, 4
(Click here for an explanation)

Registered in Following Registration States: FL,IL,IN,MD,MI,MN,NY,VA,WA,WI,DC
Average Number of Employees: 10 FT, 20 PT (FT = Full Time, PT = Part Time)
Space Needs: 15,000 SF; FS (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $100-250K
Total Investment: $382.1-522.7K
Average Total Investment: $452.4K
Minimum Net Worth: $500K

Fees
�Franchise: $30K;
�Average Franchise Fee: $30.0K
�Royalty: 4%
�Average Royalty: 4.0%
�Advertising: 0.25%+4.75%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 20/Agrmt.
Passive Ownership: Not Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: Yes
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: N/A
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: Yes
Size Of Corporate Staff: ~100
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 4-6 Weeks Atlanta, GA; 4-6 Weeks Clearwater, FL.


Franchisor's Specific Expansion Plans

U.S.: Eastern United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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