What is the estimated low-end cost for insurance and utility deposits for an Angry Chickz franchise?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Category of investment | Amount | Method of Payment | When Due | To Whom Paid | |
|---|---|---|---|---|---|
| Low | High | ||||
| Initial Franchise Fee | $50,000 | $50,000 | Lump Sum | When you sign your Franchise Agreement | Us |
| Construction and Leasehold Improvements1 | $240,000 | $500,000 | As incurred or per construction contract | Before opening | Approved general contractor |
| Architectural/ Engineering2 | $7,000 | $20,000 | As incurred | Before opening | Approved architect and engineer |
| Accountant and | $2,500 | $4,000 | As incurred | As incurred | Your financial |
| Attorney | and legal advisors | ||||
| Equipment | $80,000 | $214,000 | As incurred | Before opening | Approved suppliers |
| Furniture & | $50,000 | $140,000 | As incurred | Before opening | Approved |
| Fixtures1 | suppliers | ||||
| Signage | $17,000 | $65,000 | As incurred | Before opening | Approved suppliers |
| Opening Inventory, uniforms and Supplies | $36,500 | $63,000 | As incurred | When delivered | Approved suppliers |
| Category of | Amount | Method of | When Due | To Whom Paid | |
| investment | Low | High | Payment | ||
| Smallwares | $11,000 | $14,000 | As incurred | Before opening | Approved suppliers |
| Computer Equipment & Information Systems3 | $9,000 | $20,000 | As incurred | As incurred - must purchase before opening | Approved supplier |
| Security System | $10,000 | $15,000 | As incurred | Before opening | Approved suppliers |
| Grand Opening Support Fee & Market Introduction Program | $35,000 | $55,000 | As Incurred | Before Opening | Us, Approved Suppliers |
| Prepaid Expenses, Licenses and Permits | $3,000 | $7,000 | As incurred | Before opening | Insurance companies, state county and city governments |
| Wages, Travel and | $15,000 | $50,000 | As incurred | Before opening | Airlines, hotels, |
| Living Expenses | Restaurants and | ||||
| During Training4 | employees | ||||
| Rescheduling | $0 | $5,000 | Lump Sum | Upon demand | Us |
| /Training Fee5 | (before opening) | ||||
| Site Review Kits, | $0 | $1,000 | Lump Sum | Upon Demand | Us |
| Site Visit Costs | |||||
| Rent / Lease | $15,000 | $40,000 | As incurred | Before opening | Suppliers |
| Deposit | |||||
| Insurance and | $2,000 | $5,000 | As incurred | Before opening | Approved |
| Utility Deposits | suppliers |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, the estimated low-end cost for insurance and utility deposits is $2,000. This figure is part of the initial investment needed to start an Angry Chickz franchise. The actual amount may vary based on the specific location and the requirements of insurance companies and utility providers. This payment is due before opening the franchise and is paid to approved suppliers.
This initial estimate is a relatively small portion of the total estimated initial investment, which ranges from $603,000 to $1,323,000 (exclusive of land costs). However, it's an essential expense to ensure the business is protected and operational from the start. Franchisees should factor in potential variations in these costs when planning their budget.
Prospective Angry Chickz franchisees should confirm with the franchisor which insurance companies and utility providers are approved, and obtain quotes to get a more precise estimate for their specific location. It is also important to understand what type and amount of insurance coverage is required to operate the franchise.