What was the total revenue for Angry Chickz in 2024?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
100,000 |
Angry Chickz Franchising, LLC
Statements of Operations and Member's Deficit December 31, 2024 and Period from June 9, 2023 (inception) to December 31, 2023
| 2024 | 2023 | |
|---|---|---|
| REVENUE Royalties Brand fund Franchise fee | $ 154,415 51,466 3,750 | $ - - - |
| Total revenue | 209,631 | - |
| COSTS AND EXPENSES Salaries and wages Legal and professional fees Other operating expenses | 229,527 56,310 360,054 | 42,528 176,801 - |
| NET LOSS | (436,260) | (219,329) |
| MEMBER'S DEFICIT, beginnin |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the total revenue for 2024 was $209,631. This revenue is broken down into three categories: royalties, brand fund contributions, and franchise fees.
The royalties earned by Angry Chickz in 2024 totaled $154,415. These royalties are derived from a percentage of gross sales from each franchised restaurant. Brand fund revenue, which is used for brand development, totaled $51,466. Franchise fees, which franchisees pay for the right to open a new Angry Chickz location, contributed $3,750 to the total revenue.
In comparison, the FDD indicates that Angry Chickz had no revenue in 2023, as the company was formed on June 9, 2023. The financial statements also show that Angry Chickz experienced a net loss of $436,260 in 2024, alongside various costs and expenses including salaries and wages, legal and professional fees, and other operating expenses.