Checkers / Rally’s vs Mike’s Red Tacos
Franchise Comparison 2026
Both Checkers / Rally’s and Mike’s Red Tacos are quick-service restaurants franchises. Checkers / Rally’s requires an investment of $515K – $2.1M while Mike’s Red Tacos requires $640K – $2.0M. In terms of revenue, Mike’s Red Tacos reports higher average unit revenue at $3.0M. Note: Company-owned outlets only - not franchisee performance; Based on a single outlet - not a system average. FranchiseVerdict rates Checkers / Rally’s B (Above average) and Mike’s Red Tacos C (Average).
| Metric | Checkers / Rally’s | Mike’s Red Tacos |
|---|---|---|
| Verdict Grade | BAbove average | CAverage |
| Investment Range | $515K – $2.1M | $640K – $2.0M |
| Franchise Fee | $30K | $40K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | $1.1M | $3.0MCompany-owned only · n=1 |
| SBA Charge-Off Rate | N/A | N/A |
| Total Units | 761 | 2 |
| Unit Growth (YoY) | -20 units | +0 units |
| Year Began Franchising | 1991 | 2025 |
| FDD Year | 2025 | 2025 |
Investment Range
$515K – $2.1M
$640K – $2.0M
Franchise Fee
$30K
$40K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
$1.1M
$3.0MCompany-owned only · n=1
SBA Charge-Off Rate
N/A
N/A
Total Units
761
2
Unit Growth (YoY)
-20 units
+0 units
Year Began Franchising
1991
2025
FDD Year
2025
2025