If an Angry Chickz franchisee is not an individual, what organizational structures might it take?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) | Franchisee is a (check as applicable): | |
|---|---|---|
| [ ] corporation [ ] limited liability company [ ] general partnership [ ] limited partnership [ ] Other (specify): | ||
| indirect financial interest in Franchisee. | Upon request, Franchisee shall provide to Company true and accurate copies of its charter documents including Articles of Incorporation, Bylaws, Operating Agreement, Partnership Agreement, resolutions authorizing the execution of this Agreement, and any amendments to the foregoing ("Entity Documents"). Franchisee promptly shall provide such additional information as Company may from time to time request concerning all persons who may have any direct or | |
| (2) | The name and address of each of Franchisee's Owners, members, or general | |
| and limited partner: | ||
| NAME | HOME ADDRESS | NUMBER OF SHARES / PERCENTAGE INTEREST |
| There is set forth below the names, and addresses and titles of Franchisee's principal officers or partners who will be devoting their full time to the Business: | ||
| NAME | HOME ADDRESS | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 51–54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, a franchisee can be a corporation, limited liability company, general partnership, or limited partnership. The FDD also allows for 'Other' organizational structures, which would need to be specified by the franchisee.
Angry Chickz requires franchisees operating as entities to provide accurate and complete information about their organization. This includes submitting charter documents like Articles of Incorporation, Bylaws, Operating Agreements, Partnership Agreements, and any amendments. Franchisees must also disclose information about individuals with direct or indirect financial interests in the franchise.
Furthermore, Angry Chickz may request additional information about individuals with direct or indirect financial interest in the franchise. The franchisee must also provide the names, addresses, and titles of principal officers or partners who will be devoting their full time to the business.