Checkers & Rally's
START
8000
annual applicants
Application & Background Check
Review and pre-screen application and personal backgrounds
Financial & Operations Approval
-Credit review and verification of financial requirements
-Interview with Franchise Business Consultant
30K Franchise Fee
1. All assets minus debts
2. Assets that can be converted to cash quickly
-ex. stocks, bonds
Franchise Candidate Day
Visit to RSC; meet key people; two-way interview with Exec Team; final approval
Territory Site Selection
Identify potential sites, exclusive territory and sign development agreement
Build Out
Determine construction timeline; work with contractors for permits, process; begin construction
Training
Attend 4 week in restaurant training; develop marketing plan
Opening Day
Support from Operations Excellence Support and Franchise Business Consultant
Checkers & Rally's
START
8000
annual applicants
Application & Background Check
Review and pre-screen application and personal backgrounds
Financial &
Operations Approval
-Credit review and verification
of financial requirements
-Interview with Franchise
Business Consultant
Min. Net Worth1 $750K
Min. Liquid Assets2 $250K
Est. Minimal Investment $500K
30K
Franchise Fee
1. All assets minus debts
2. Assets that can be converted to cash quickly
-ex. stocks, bonds
Candidate
START
Initial Conversations & Concept Research
Initial conversations and information gathering of formats, history and business
Due Diligence & Business Planning
-Franchise Disclosure Document review; conversations
with current franchisees & restaurant visits
-Business plan creation & financial proforma
Candidate + Checkers & Rally's
Franchise Candidate Day
Visit to Restaurant Support Center (RSC);
meet key people; two-way interview
with Executive Team; final approval
Territory Site Selection
Identify potential sites, exclusive territory
and sign development agreement
Build Out
Determine construction timeline; work
with contractors for permits, process;
begin construction
Training
Attend 4 week in restaurant training;
develop marketing plan
GOAL
Opening Day
Support from Operations Excellence Support and
Franchise Business Consultant