Does the Angry Chickz Franchise Agreement table of contents include information on audits?

According to the 2025 Angry Chickz Franchise Disclosure Document, Exhibit A lists the Franchise Agreement's table of contents. However, the excerpt does not include the actual table of contents, so it is not possible to determine whether the table of contents includes information on audits. The FDD excerpt does include information on audits in section 10.3, which states that Angry Chickz has the right to audit a franchisee's books and records.

While the table of contents itself is not provided, the Franchise Agreement outlines specific requirements for financial record-keeping. Franchisees must maintain adequate books and records for at least seven years following the end of each fiscal year, or longer if required by law. These records must include daily receipts, sales tax returns, sales slips, transaction records, and point-of-sale data, all in a format suitable for auditing.

Angry Chickz, its agents, or representatives can audit these records at any reasonable time, either at the franchise location or electronically. Franchisees are required to provide all necessary information promptly, typically within five days of the request. If an audit reveals under-reporting of income, the franchisee must pay the owed amount plus interest, which can be up to 18% per annum. Furthermore, repeated under-reporting errors (2% or more at least three times within 36 months, or 5% or more in any period) will result in the franchisee covering the expenses of the audit, including travel, accounting, and legal fees.

Given that the table of contents is not included in the excerpt, a prospective Angry Chickz franchisee should request a full copy of the Franchise Agreement, including all exhibits and attachments, to fully understand their obligations. It would be prudent to review the table of contents to understand how the agreement is organized and where specific topics, such as audits, are addressed. Understanding these obligations is crucial before entering into a franchise agreement.