Can Angry Chickz increase the amount of the Convention Fee?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Continuing Royalty | 6% of Gross Sales2 | Payable via electronic fund transfer (“EFT”) on second (2nd) business day after each Accounting Period. | See Note 2 for definition of Gross Sales. |
| Type of fee | Amount | Due Date | Remarks |
| Transfer / Assignment (Area Development Agreement) | 25% of our then- current initial franchise fee, plus our out of pocket costs associated with the transfer/assignment, including attorneys’ fees | Before transfer | |
| Audit | Cost of audit plus interest3 on the underpayment at the highest rate allowable by law (not to exceed 18%). | Upon demand | You must pay the cost of the audit if the audit shows an under- reporting or under-recording of 2% or more, three times within any 36- month period or 5% or more during any reporting period. |
| Late Fee | Interest of 18% per annum, or the highest interest rate allowable by law, on any unpaid amounts. | Upon demand | Due only if you are late in paying any amounts owed to us. |
| Charges for unpaid checks, drafts or electronic payments | Our costs and expenses arising from the non- payment, including bank fees in the amount of at least $50 and other related fees incurred by us | Upon demand | Payable only if any check, draft, electronic or other payment is unpaid because of insufficient funds or otherwise |
| Renewal Fee | 25% of our then- current initial franchise fee | Upon signing a successor franchise agreement. | Paid in lieu of an initial franchise fee |
| Insurance | Cost of insurance plus our costs in obtaining the insurance for you. | Upon demand, see Remarks | If you do not obtain and maintain the requisite insurance coverage, we may, at our option, purchase such insurance for you must pay us the premiums and our costs in obtaining such insurance. |
| Software licensing / technology fee | Currently $0 | Upon demand | We have the right to charge a technology fee for technology, software and similar services that we provide, including for example, online ordering. |
| Convention Fee | Currently $700 per attendee | Upon demand | The registration fee for our annual convention is currently at $700 but we reserve the right to increase the amount |
Source: Item 6 — OTHER FEES1 (FDD pages 11–15)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, Angry Chickz does reserve the right to increase the amount of the Convention Fee. The current convention fee is $700 per attendee, payable upon demand. This fee covers the registration for the annual convention.
This means that a prospective Angry Chickz franchisee should be aware that the cost to attend the annual convention could increase over time. While the FDD does not specify any limits on how much the fee could increase, it is important for franchisees to factor in potential increases when budgeting for ongoing business expenses. Franchisees should inquire about the historical trends of the convention fee and any anticipated future increases.
Convention fees are common in the franchise industry, as they help cover the costs of organizing and hosting the annual convention. These events provide opportunities for franchisees to network, receive training, and learn about new products or services. While the fee may seem like an additional expense, the benefits of attending the convention can often outweigh the cost, especially if the franchisee takes advantage of the learning and networking opportunities available.