Is the Angry Chickz lease subject to the company's current lease form?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.2.1 Promptly following Developer's receipt of Company's acceptance, Developer shall proceed to negotiate a lease or purchase agreement for the site and shall submit to Company a copy of the proposed lease or purchase agreement, as applicable.
Following Company's receipt of the proposed lease or purchase agreement, as applicable, which meets Company's requirements, Company shall notify Developer of its acceptance or rejection of the proposed lease or purchase agreement, as applicable.
- 6.2.2 If the accepted location is leased or subleased, (i) the lease shall name Developer as the sole lessee thereunder, and may not be subleased to Developer by any Affiliate of Developer or any of its Owners without Company's express prior written consent; (ii) Developer shall neither create nor purport to create any obligations on behalf of Company, nor grant or purport to grant to the lessor thereunder any rights against Company, nor agree to any other term, condition, or covenant which is inconsistent with any provision of this Agreement; (iii) the lease shall be for a term which is not less than the term of the Franchise Agreement, unless Company shall approve, in writing, a shorter term of the lease; (iv) the leas
Source: Item 23 — RECEIPTS (FDD pages 54–260)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, the lease agreement is subject to certain requirements and conditions set by Angry Chickz. Specifically, after the developer finds a location, they must submit the proposed lease or purchase agreement to Angry Chickz for approval. Angry Chickz will then notify the developer of its acceptance or rejection.
If the location is leased or subleased, the lease must name the developer as the sole lessee and cannot be subleased to any affiliate of the developer without Angry Chickz's written consent. The developer cannot create any obligations on behalf of Angry Chickz or grant any rights against Angry Chickz to the lessor. The lease term must also be at least as long as the franchise agreement, unless Angry Chickz approves a shorter term in writing.
Angry Chickz also has specific rights regarding the lease, including the option to assume the lease or execute a substitute lease if the Franchise Agreement is terminated or expires. They also have the right to succeed to the tenant's rights if the tenant fails to renew or extend the lease. Additionally, Angry Chickz must be notified of any default under the lease and has the right to cure the default or request that the landlord enter into a substitute lease with them.