Interested in selling your Checkers NNN property or Checkers lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Checkers NNN property for sale or Checkers ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Checkers NNN property or the inclusion of a Checkers ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Checkers properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of January 2023, Checkers Restaurant Company operates over 900 restaurants across the United States.
Revenue and income
As of the latest available data for 2022, Checkers Restaurant Company’s total revenue was approximately $800 million. The net income for the same period was around $50 million.
Future plans
Checkers Restaurant Company has ambitious growth plans to expand its presence across different states and regions in the coming years. The company is currently implementing strategic initiatives to enhance operational efficiency and elevate the overall customer experience.
Corporate vs. franchise
The majority of Checkers Restaurant Company’s restaurants operate under a franchise model. Franchisees must pay a franchise fee and ongoing royalties calculated as a percentage of their sales. At the same time, a smaller fraction of the restaurants are directly owned and operated by the company.
Additional information Checkers Properties
Checkers Restaurant Company offers a variety of menu items, including hamburgers, chicken sandwiches, hot dogs, and seasoned fries.
The company is well-known for its bold and flavorful food offerings, catering to customers seeking delicious and satisfying fast-food options.
Its distinctive black and white checkerboard design makes the company’s restaurants easily recognizable and has a unique brand identity.
Checkers History
Checkers Restaurant Company, also known as Checkers and Rally’s, has a history that dates back to 1986 when the first restaurant opened its doors. Founded in the United States, the company quickly gained popularity for its unique double drive-thru concept, offering fast and convenient service to customers.
Why Invest in Ground Lease and NNN Lease of Checkers?
Investing in Checkers ground lease and triple net (NNN) lease properties offer compelling reasons:
1) Checkers NNN Property Investment: Stable income
Checkers NNN property investment is an excellent opportunity for investors seeking stable income. With a well-established brand and strong market presence, Checkers NNN property investment provides reliable income streams. Ground and NNN leases specifically tailored for Checkers offer predictable cash flows over the long term. This stability is a crucial advantage for investors looking to secure consistent returns.
2) Checkers NNN Property Investment: Established tenant
One of the standout benefits of a Checkers NNN property investment is the presence of an established and reputable tenant. Checkers’ success and recognizable brand significantly reduce the risk of vacancy or lease default. This ensures a stable tenant for the property, enhancing the investment’s security. Investing in a property with a trusted tenant like Checkers minimizes uncertainty and contributes to a worry-free investment experience.
3) Checkers NNN Property Investment: Low management responsibility
Investors looking for a hassle-free investment option should consider Checkers NNN property investment. Opting for in-ground and NNN leases in the context of Checkers NNN property investment means the tenant takes on property maintenance and expenses. This arrangement effectively transfers management responsibilities from the landlord to the tenant. As a result, investors can enjoy the benefits of real estate ownership without day-to-day operational concerns.
4) Checkers NNN Property Investment: Favorable lease terms
Investors seeking predictable income and potential growth should explore Checkers NNN property investment. The investment offers favorable lease terms, including long durations and built-in rent escalations. These terms provide a steady and predictable income stream and open the door to potential rental growth over time. This combination of stability and growth potential enhances savvy investors’ overall return on investment.
5) Checkers NNN Property Investment: Real estate value
Investors interested in capital appreciation should take note of the real estate value associated with Checkers NNN property investment. The strategic locations of Checkers stores in high-traffic areas significantly boost property value for NNN investments. This positioning ensures a steady stream of customers for Checkers and offers the potential for significant capital appreciation over the investment’s lifespan. Investors can benefit from both reliable income and the prospect of long-term value growth.
Pros and Cons of Checkers Ground Lease and NNN Lease Investment
Pros:
1. A stable income stream from a well-known fast-food brand.
2. Established tenant lowers the risk of vacancy and lease defaults.
3. Minimal management responsibilities for landlords.
4. Long lease terms provide stability and potential income growth.
5. Strategic locations may increase property value.
Cons:
1. Lease Renewal Risk: Uncertainty upon lease expiration.
2. Dependency on Checkers and Rally’s success and industry challenges.
3. Market Saturation: Impact on profitability in competitive markets.
4. Limited Control: Reduced influence over property decisions.
5. Real Estate Risks: Economic and market factors inherent in real estate investments.
Due diligence and careful consideration of location, lease terms, tenant strength, and investment strategy are crucial when investing in Checkers and Rally’s ground lease and NNN lease properties. It is recommended to seek guidance from real estate professionals and financial advisors to align your investment with your goals and risk tolerance.