factual

What is the range for the Development Fee that Angry Chickz franchisees can expect to pay?

Angry_Chickz Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be made
Development Fee (See Note 1) $75,000- $150,000 Lump Sum At Signing of Area Development Agreement Franchisor

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–18)

What This Means (2025 FDD)

According to Angry Chickz's 2025 Franchise Disclosure Document, the development fee for an Area Development Agreement ranges from $75,000 to $150,000. This fee is paid in a lump sum when signing the Area Development Agreement and is payable to the Franchisor. The low estimate represents the Development Fee for two locations and the high estimate represents the Development Fee for five locations.

The development fee is calculated as $25,000 multiplied by the number of Angry Chickz Restaurants (excluding the first Restaurant, at a minimum of 2 restaurants) which you must open, plus $50,000 representing the initial franchise fee for your first Franchise Agreement. When a site is accepted for each restaurant, a separate Franchise Agreement is signed, and an initial franchise fee of $50,000 is paid for each required Restaurant. The development fee is credited against the initial franchise fees at a rate of $50,000 for the first restaurant and $25,000 for each additional restaurant until the development fee is exhausted.

It's important to note that this development fee is uniform to all franchises being offered in the state covered by an Area Development Agreement and is not refundable, in whole or in part, under any circumstances. Additionally, franchisees will need funds for working capital to pursue their development obligations, the extent of which will depend on the number of restaurants they must develop.

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.