What is the median gross sales for all Angry Chickz affiliate-owned locations in 2024, as presented in Table 2?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
1/2023 | $1,580,228 | 2,805 sf | | 7/21/2023 | $712,456 | 3,200 sf | | 9/21/2023 | $2,126,848 | 2,571 sf | | 10/23/2023 | $2,086,557 | 1,923 sf | Table 2: Average, High, Low, and Median Gross Sales For 2024 For the Twenty Four (24) Affiliate Owned Locations That Were Open For at least 12 months as of December 31, 2024
Table 2 shows the average, high, low, and median annual Gross Sales for the twenty four (24) locations that are reported in Table 1.
| 2024 | Affiliate Owned | Top Third | Middle Third | Bottom Third |
|---|---|---|---|---|
| Restaurants | 24 | 8 | 8 | 8 |
| Average Sales | $2,101,594 | $3,069,688 | $2,109,239 | $1,125,853 |
| High Sales | $3,593,250 | $3,593,250 | $2,386,848 | $1,623,169 |
| Low Sales | $576,325 | $2,690,874 | $1,658,472 | $576,325 |
| Median Sales | $2,106,703 | $3,014,486 | $2,106,703 | $1,180,171 |
| 2024 | Affiliate Owned | Top Third | Middle Third | Bottom Third |
| # of Locations that Met or | 12 | 4 | 4 | 4 |
| exceeded Average | ||||
| % of Location |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 48–51)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, Table 2 presents the financial performance of affiliate-owned locations. Specifically, it indicates that the median gross sales for the 24 affiliate-owned Angry Chickz restaurants that were open for at least 12 months as of December 31, 2024, was $2,106,703.
This figure represents the midpoint of gross sales achieved by these locations, meaning that half of the locations generated sales above this amount, and half generated sales below it. It's important to note that these figures are based on the performance of affiliate-owned stores, which Angry Chickz states are operated in the same manner as franchised stores will operate. However, the FDD explicitly states that individual results may vary, and there is no guarantee that a franchisee will achieve the same level of sales.
Prospective franchisees should consider this median sales figure as a benchmark, but also recognize that their own performance will depend on various factors, including location, management skills, local market conditions, and operating costs. The FDD also indicates that written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request. Therefore, it is advisable to request and carefully review this documentation to gain a more comprehensive understanding of the financial performance of Angry Chickz locations.
It is also important to understand what is included and excluded in the definition of "Gross Sales" according to the FDD. Gross sales include the gross selling price of all goods and services sold, including delivery and catering fees, revenues from all sales, and proceeds from business interruption insurance. Excluded from gross sales are sales taxes collected from customers, tips paid to employees, proceeds from isolated sales of furniture, bona fide refunds to customers, uncollectible amounts (within a limit), and the retail price of gift certificates when sold but not yet redeemed.