What is the minimum term required for an Angry Chickz lease agreement?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
(a) The Premises shall only be used as a "Angry Chickz" restaurant and be constructed and improved pursuant to the Franchise Agreement including exterior signs displaying Company's service marks, in accordance with Company's standards and specifications.
(b) Company or its designee shall have an option, without cost or expense to Company or such designee, to assume the Lease, or execute a substitute lease on the same terms, in the event of termination or expiration (including nonrenewal) of the Franchise Agreement for any reason;
(c) Company or its designee shall have the right (but not the obligation) to succeed to Tenant's rights under the Lease if Tenant fails to exercise any option to renew, and or extend the term of the Lease,
(d) Upon Tenant's actual or alleged default under the Lease, the Landlord shall notify Company in writing at least 15 days prior to the date of termination or non-renewal of the Lease and, in the case of a default, Company or its designee shall have the right, but not the obligation, without liability to Tenant, to cure the default and to succeed to Tenant's rights under said Lease or request that the Landlord terminate the Lease and enter into a substitute Lease with Company on the same terms by giving written notice of such election to Tenant and such Landlord;
(e) Tenant shall have the unrestricted right, without Landlord consent, payment to Landlord or modification of any term of the Lease, during the entire term of the Lease (including any renewal terms) to assign or sublet the Premises to Company, its designee, or any franchisee or licensee approved by Company and who meets Landlord's reasonable financial suitability requirements;
(f) Except as permitted above, the Lease may not be assigned, subleased, modified or amended without Company's prior written consent and that Company shall be provided with copies of all such assignments, subleases, modifications and amendments;
(g) Landlord must disclose to Company, upon Company's request, all sales and other information furnished to the Landlord by Tenant; and
(h) Upon expiration or termination of the Lease for any reason, Tenant shall, upon Company's demand, remove all of the Marks from the Location and Premises and modify the decor of the Location so that it no longer resembles, in whole or in part, a Store, and otherwise comply with the Franchise Agreement.
Source: Item 23 — RECEIPTS (FDD pages 54–260)
What This Means (2025 FDD)
Based on the 2025 Angry Chickz Franchise Disclosure Document, the document does not specify a minimum term required for the lease agreement. However, it does outline several requirements and conditions related to the lease of the premises.
The lease must stipulate that the premises are used exclusively as an Angry Chickz restaurant, constructed and improved according to the franchisor's standards, including exterior signage displaying the company's service marks. Angry Chickz retains the option to assume the lease or execute a substitute lease under the same terms if the Franchise Agreement terminates or expires, including non-renewal. They also have the right, but not the obligation, to take over the tenant's rights if the tenant fails to renew or extend the lease term.
Furthermore, if the franchisee defaults on the lease, the landlord must notify Angry Chickz in writing at least 15 days before termination or non-renewal. In such cases, Angry Chickz has the right, but not the obligation, to cure the default and assume the lease or request the landlord to terminate the lease and enter into a substitute lease with them under the same terms. The franchisee has the unrestricted right to assign or sublet the premises to Angry Chickz, its designee, or any approved franchisee or licensee without needing landlord consent, payment, or modification of lease terms during the entire lease term, including renewals.
Except as permitted above, the lease cannot be assigned, subleased, modified, or amended without Angry Chickz's prior written consent, and the company must receive copies of all such assignments, subleases, modifications, and amendments. The landlord must disclose all sales and other information furnished by the tenant to Angry Chickz upon request. Upon expiration or termination of the lease, the franchisee must remove all Angry Chickz marks from the location and modify the decor so it no longer resembles a store, complying with the Franchise Agreement.