factual

When is the late fee due for Angry Chickz?

Angry_Chickz Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of fee Amount Due Date Remarks
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.

Source: Item 6 — OTHER FEES1 (FDD pages 11–15)

What This Means (2025 FDD)

According to Angry Chickz's 2025 Franchise Disclosure Document, a late fee is imposed on any unpaid amounts owed to the company. This late fee accrues interest at a rate of 18% per annum, or the highest interest rate allowable by law.

The late fee is due upon demand from Angry Chickz. This means that Angry Chickz can request immediate payment of the late fee once an amount is overdue.

This policy is fairly standard in franchising, where franchisors typically charge interest on overdue payments to encourage timely remittance of fees and other obligations. Franchisees should ensure they understand the payment terms for all fees to avoid incurring late fees and potential penalties.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.