In an Angry Chickz franchise assignment, what happens to the obligations to third parties connected to the franchised business?

According to the 2025 Angry Chickz Franchise Disclosure Document, if a franchisee seeks to assign their franchise to a new owner, all obligations to third parties connected to the franchised business must be either satisfied or assumed by the new owner (the transferee). This requirement is one of the conditions Angry Chickz may impose when granting consent for the assignment.

In practical terms, this means that before an Angry Chickz franchise can be transferred, any outstanding debts, contracts, or other obligations the current franchisee has with suppliers, landlords, or other third parties must be resolved. The prospective new franchisee must agree to take on these responsibilities, ensuring a smooth transition of the business without leaving any third parties in a disadvantaged position.

This condition protects the Angry Chickz brand by ensuring that the franchise continues to operate without any disruptions caused by unresolved financial or contractual issues. It also provides assurance to third parties that their agreements will remain in effect even with a change in ownership. Franchisees looking to sell their Angry Chickz location should be aware of this requirement and prepare to address any outstanding obligations as part of the sale process.