What financial statements must an Angry Chickz franchisee submit to the company on a monthly basis?

According to Angry Chickz's 2025 Franchise Disclosure Document, franchisees are required to submit specific financial statements to the company on a monthly basis. Specifically, on or before the 20th day following each calendar month (or other fiscal period designated by Angry Chickz), franchisees must submit financial statements for the preceding month. These statements include a balance sheet and a profit and loss statement.

The financial statements must be prepared in the form and manner prescribed by Angry Chickz and adhere to generally accepted accounting principles. Furthermore, an officer of the franchisee must certify that these statements are accurate and complete, ensuring accountability and reliability in the reported financial data.

In addition to the balance sheet and profit and loss statement, franchisees must also submit a Gross Sales report by the 20th day following each calendar month. This report should detail all Gross Sales for the preceding month and include additional financial information such as cost of goods sold, labor costs, customer information, sales by day-part, and sales by customer type, as requested by Angry Chickz. This comprehensive reporting enables Angry Chickz to monitor the financial health and performance of each franchise unit and to develop chain-wide strategies.