FRANCHISE·WATCH·DESK

Burger King vs Checkers Drive-in Restaurant

Side-by-side figures from each brand's latest FDD Item 20 as we extracted them; verdicts are our opinion under the published methodology, and the source filing and year are on each brand's profile. Green marks the more favorable metric (lower for distress), not a recommendation to buy.

Burger King
Proven & steady
Checkers Drive-in Restaurant
Weaker disclosed record
Verdict
Units · latest run
-4.8% (2022–2024)
Net unit change
-7.2% (2021–2023)
Strong
Exit quality
Fair
Strong
Transfer / churn
Fair
0.4× expected (18 of 306)
SBA losses vs same-year loans
1.3× expected (18 of 99)
—
Distress
—
$50,000
Franchise fee
$30,000
$363K–$4.7M
Investment range
$640K–$2.3M
4.5%
Royalty
4%
Disclosed
Earnings (Item 19)
Disclosed

Burger King

Checkers Drive-in Restaurant

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