When are the charges for unpaid checks, drafts, or electronic payments to Angry Chickz due?
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 Angry Chickz's 2025 Franchise Disclosure Document, franchisees will be charged for any unpaid checks, drafts, or electronic payments. These charges, which include bank fees of at least $50 plus other related fees incurred by Angry Chickz due to the non-payment, are payable upon demand. This means that Angry Chickz can request immediate payment of these charges from the franchisee.
This policy is fairly standard in franchising, as franchisors need to protect themselves from the costs associated with handling bounced payments. The minimum $50 bank fee provides a baseline for what a franchisee can expect to pay, but the "other related fees" language means the total charge could be higher depending on Angry Chickz's specific expenses.
For a prospective Angry Chickz franchisee, this highlights the importance of maintaining sufficient funds to cover all payments to the franchisor. Failure to do so can result in these additional charges, which can add up quickly if payment issues are frequent. Franchisees should ensure they have a reliable system for managing their finances and tracking payments to avoid these penalties.