What are the charges for unpaid checks, drafts, or electronic payments to Angry Chickz?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Charges for unpaid checks, drafts or electronic payments | Our costs and expenses arising from the non- payment, including bank fees in the amount of at least $50 and other related fees incurred by us | Upon demand | Payable only if any check, draft, electronic or other payment is unpaid because of insufficient funds or otherwise |
Source: Item 6 — OTHER FEES1 (FDD pages 11–15)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, if a franchisee's check, draft, or electronic payment is unpaid due to insufficient funds or any other reason, Angry Chickz will charge the franchisee for all costs and expenses arising from the non-payment. This includes a minimum bank fee of $50, as well as any other related fees incurred by Angry Chickz. These charges are payable upon demand.
This means that if a franchisee's payment bounces or fails to go through, they will be responsible for covering not only the original amount owed but also any additional fees that Angry Chickz incurs as a result of the failed payment. The $50 bank fee is a minimum, so the total charges could be higher depending on the specific circumstances and the fees charged by the bank and other related costs incurred by Angry Chickz.
It is important for prospective Angry Chickz franchisees to ensure they have sufficient funds available when making payments to avoid these charges. Franchisees should also be aware of the due dates for all payments to Angry Chickz to minimize the risk of incurring these fees. This is a fairly standard practice in franchising, as franchisors typically pass on the costs associated with failed payments to the franchisee responsible for the error.