When is the Renewal Fee for an Angry Chickz franchise due?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee | 25% of our then- current initial franchise fee | Upon signing a successor franchise agreement. | Paid in lieu of an initial franchise fee |
Source: Item 6 — OTHER FEES1 (FDD pages 11–15)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the Renewal Fee is due upon signing a successor franchise agreement. This fee is equivalent to 25% of the then-current initial franchise fee and is paid in lieu of an initial franchise fee.
For a prospective Angry Chickz franchisee, this means that when the initial franchise term is nearing its end and they wish to continue operating the franchise, they will need to sign a new franchise agreement (a successor agreement). At the time of signing this new agreement, they must pay a renewal fee. This fee is calculated as a percentage of the initial franchise fee that Angry Chickz is charging new franchisees at that time.
It's important to note that the renewal fee replaces the standard initial franchise fee, which is a common practice in franchising. This renewal fee compensates Angry Chickz for the continued use of its brand, systems, and support. Franchisees should factor this cost into their long-term financial planning, as it represents a significant expense when renewing their franchise agreement.