When is the Continuing Royalty fee due for an Angry Chickz franchise?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Continuing Royalty | 6% of Gross Sales2 | Payable via electronic fund transfer (“EFT”) on second (2nd) business day after each Accounting Period. | See Note 2 for definition of Gross Sales. |
Source: Item 6 — OTHER FEES1 (FDD pages 11–15)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the Continuing Royalty fee is due on the second business day after each accounting period. This fee is payable via electronic fund transfer, also known as EFT. The Continuing Royalty is 6% of Gross Sales. Gross Sales is defined as the gross selling price of all goods and services sold or provided in or from your Restaurant.
Gross Sales includes all revenues received, whether in cash, credit, gift card redemption, barter, donation, or other means of exchange. It also encompasses delivery and catering fees, service charges (excluding gratuities paid to employees), and revenues from all sales, regardless of compliance with the franchise agreement. Business interruption insurance proceeds are also included after deductibles. However, Gross Sales excludes sales taxes collected from customers, tips to employees, proceeds from isolated sales of furniture, bona fide refunds to customers, uncollectible amounts (up to 0.5% of Gross Sales), and the retail price of unredeemed gift certificates.
Notably, Angry Chickz's policy is to not collect Continuing Royalty or Brand Fees on commissions paid to authorized third-party marketplaces. Franchisees can deduct 100% of these commission fees from Gross Sales. However, Angry Chickz reserves the right to end this policy with six months' prior notice, after which Continuing Royalty will be collected on these commissions. Franchisees should be aware of these conditions and potential changes to royalty calculations.