When are the Continuing Royalty and Brand Fee payments due to Angry Chickz?

According to Angry Chickz's 2025 Franchise Disclosure Document, the Continuing Royalty, Brand Fee, and all other amounts owed to Angry Chickz are due no later than the second business day after each Accounting Period. This payment must be accompanied by a statement of the franchisee's Gross Sales for the applicable Accounting Period, certified as complete and accurate by an authorized representative of the franchisee. These payments are to be made without any offset or deduction.

For a prospective Angry Chickz franchisee, this means that you'll need to have systems in place to accurately track and report your Gross Sales on a regular basis, likely corresponding to the Accounting Period defined in the Franchise Agreement. You'll also need to ensure that you have sufficient funds available to cover the Continuing Royalty and Brand Fee payments, as well as any other outstanding amounts owed to Angry Chickz.

Furthermore, Angry Chickz requires franchisees to make all payments via electronic funds transfer (EFT), electronic or automatic debit, or another automatic payment mechanism that Angry Chickz may designate. Franchisees must authorize Angry Chickz to directly withdraw payments from their designated bank account and maintain a sufficient balance to cover these payments. If a franchisee fails to provide the required Gross Sales reports, Angry Chickz may estimate the Gross Sales based on historical data or another reasonable basis and withdraw funds accordingly. This highlights the importance of maintaining accurate records and timely reporting to avoid any discrepancies or potential overestimation of fees.