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Updated RecentlyCheckers Drive-In vs Mega Wraps Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Checkers Drive-In vs Mega Wraps including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $259,000 - $1,431,000 | $189,000 |
| Franchise Fee | $30,000 | $10,000 |
| Royalty Fee | 4% | 6% |
| Advertising Fee | 4.5% | 2% |
| Year Founded | 1986 | 1998 |
| Year Franchised | 1989 | 1999 |
| Term Of Agreement | 20 years | 5 Years +5 |
| Term Of Agreement | 20 years | 5 Years +5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 160-220 hours Classroom Training: 32-40 hours Additional Training: In training restaurant | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations | - | Average Number of Employees: 2 Full-time, 4 Part-time |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Checkers Drive-In
Checkers Drive-In Restaurants, Inc. is the largest double drive-thru restaurant chain in the United States. Checkers develops, produces, owns, operates, and franchises quick service “double drive-thru” restaurants under the two brand names “Checkers" and “Rally’s Hamburgers". The restaurants are designed to provide fast and efficient automobile-oriented service and appeal to guests of all ages. The double drive-thru concept allows Checkers' and Rally’s Hamburgers to capitalize on the fact that approximately fifty percent of all quick-service food business is drive-thru. Guests can also enjoy a 1950’s flashback with walk-up ordering and outdoor dining in the outside picnic area at most locations.
The total investment necessary to begin operation of a Checkers
Restaurant (excluding real estate and related
costs) is: $780,000 to $1,431,000 for a new modular design single
drive-thru restaurant; $320,500 to $787,000 for a site built, conversion
or used modular drive-thru restaurant; $259,700 to $648,000 for an
endcap strip-center and gas/convenience restaurant; and $254,000 to
$514,000 for a Non-Traditional, Walmart or in-line restaurant in a
high-density market. This includes $10,000 to $50,000 that must be paid
to the franchisor or an affiliate, plus $10,000 for each additional
restaurant that you agree to develop under a development agreement.
Veteran Incentives Franchise fee waived
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#11 in Gator's Top franchises.
In Franchise Business Reviews Top 200.
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#76 on Franchise Rankings.com
#198 in Franchise 500 for 2020.
#162 in Franchise 500 for 2021.
About Mega Wraps
Mega Wraps is defining a healthy outlook on the quick service restaurant. With the current customer trends in mind, Mega Wraps features a variety of Pita Wrap offerings. Founded in Toronto, Ontario, Canada, Mega Wraps is poised to establish itself as an industry leader across North America.