When are the Continuing Royalty and Brand Fees due to Angry Chickz after each Accounting Period?

According to Angry Chickz's 2025 Franchise Disclosure Document, franchisees must pay the Continuing Royalty, Brand Fee, and all other outstanding amounts, along with a certified statement of Gross Sales for the applicable Accounting Period, no later than the second business day after each Accounting Period. This payment schedule is without any offset or deduction.

This means that as an Angry Chickz franchisee, you'll need to have systems in place to accurately track and report your Gross Sales on a regular basis, aligning with the defined Accounting Period. You'll also need to ensure that the Continuing Royalty (6% of Gross Sales) and Brand Fee (2% of Gross Sales, potentially increasing to a maximum of 4%) are calculated and paid promptly to avoid any late payment penalties or issues with Angry Chickz.

Furthermore, Angry Chickz requires franchisees to use electronic funds transfer (EFT) for all payments due under the Franchise Agreement. Franchisees must authorize Angry Chickz to directly debit their account for these payments and maintain sufficient funds to cover all royalties, brand fees, and other payments. Failing to provide required sales reports allows Angry Chickz to estimate Gross Sales and withdraw funds based on that estimate, which could be higher than actual sales.