What was the total current asset value for Angry Chickz YTD?

According to Angry Chickz's 2025 Franchise Disclosure Document, the total current asset value YTD (year-to-date) is reported as negative $1,040,717.64. This figure is part of the balance sheet as of March 31, 2025. It is important to note that these financial statements are unaudited.

This number represents the sum of Angry Chickz's current assets, which include total cash ($101,090.88), deferred revenue (-$766,250.00), total intercompany (-$454,704.24), contract assets ($59,250.00), accounts receivable ($15,422.72), vendor credit expected ($2,603.85), and total prepaid expenses ($1,869.15).

A prospective franchisee should take note of this negative value and carefully review the financial statements and notes, ideally with a financial advisor. Understanding the reasons behind this negative current asset value is crucial. It could be due to various factors, such as high liabilities, deferred revenue recognition, or significant intercompany transactions with its parent company, Angry Chickz, Inc.

Given that the financial statements are unaudited, a franchisee should seek further clarification and potentially request audited statements to gain a more confident understanding of Angry Chickz's financial health. It is also important to understand the relationship between Angry Chickz Franchising, LLC and its parent company, Angry Chickz, Inc., and how financial support from the parent company impacts the franchise's financial stability.