When was Angry Chickz Franchising, LLC formed?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
NGE IN CASH | 87,344 | 100,000 | | CASH, beginning of year | 100,000 | - | | CASH, end of year | $ 187,344 | $ 100,000 |
Note 1 – Organization and Description of Business
Angry Chickz Franchising, LLC (the Company), a California limited liability company (LLC), was formed on June 9, 2023, and is the franchisor of a quick service, fast-casual restaurant concept "Angry Chickz". The Company is a wholly owned subsidiary of Angry Chickz, Inc. (the Member). The Member is the owner of all intellectual property rights in certain systems, trademarks, service marks, and other intellectual property used in the operation of Angry Chickz restaurants (the AC IP), and has licensed the AC IP and other know-how and confidential information to the Company to development the Angry Chickz franchise system to offer, sell, and support of the franchised business.
The Company will continue to franchise Angry Chickz restaurants throughout the United States and internationally through a 50-year royalty free renewable trademark license agreement with the Member. The license agreement grants the Company a non-exclusive right to use the AC IP, and to license the AC IP to franchisees under franchise agreements.
The Company has relied on resources from its Member to support initial operations, and the Member has committed to continue to provide financial support to the Company sufficient for the Company during the start-up phase of the franchising operations. Until the Company has sufficient cash flow, it is dependent on its Member to provide financial resources, administrative, management, support activities, and various other items. The accompanying financial statements may not be indicative of conditions that would have existed if the Company had been operated as an unaffiliated entity.
The Company is in the business of franchising limited-service, fast casual restaurants, which aims to serve the best hot chicken with unmatched customer service. The franchise agreements are typically for ten years and will require the franchisee to pay an initial franchise fee of $50,000 for each location to be opened. Once the franchisee begins operations, the Company will charge a royalty fee and brand fund fee of up to 6% and 2
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, Angry Chickz Franchising, LLC was formed on June 9, 2023. It is a California limited liability company (LLC). The company functions as the franchisor for the Angry Chickz quick-service, fast-casual restaurant concept.
Angry Chickz Franchising, LLC is a wholly-owned subsidiary of Angry Chickz, Inc., which owns the intellectual property rights related to the Angry Chickz restaurants. Angry Chickz Franchising, LLC has been granted a license to use this intellectual property to develop and support the Angry Chickz franchise system. The company will continue to franchise Angry Chickz restaurants throughout the United States and internationally through a 50-year royalty free renewable trademark license agreement with the Member.
During the initial phase of its franchising operations, Angry Chickz Franchising, LLC has relied on financial support from its parent company, Angry Chickz, Inc. This support is expected to continue until the franchising company generates sufficient cash flow. The first franchise location opened in April 2024, while the parent company owns and operates 26 Angry Chickz corporate locations.