Is it a condition for assignment of an Angry Chickz franchise that the franchisee not be in default under the franchise agreement?

According to Angry Chickz's 2025 Franchise Disclosure Document, a franchisee must not be in default under the terms of the Franchise Agreement to be eligible for assignment. Specifically, the franchisee must not be in default under the terms of the agreement itself, any other related agreement, agreements with Angry Chickz's affiliates, the manuals, or any other obligations owed to Angry Chickz.

This condition ensures that Angry Chickz only approves the transfer of franchises that are in good standing. It protects the brand and the interests of other franchisees by preventing the transfer of poorly performing or non-compliant locations to new owners.

For a prospective Angry Chickz franchisee, this means maintaining compliance with all aspects of the franchise agreement is crucial, especially if they plan to sell or transfer their franchise in the future. Failure to meet these obligations could prevent the assignment of the franchise.