What were the total revenues 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 | |-----------------------------------------------------------------------------------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the total revenues for the company in 2024 were $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. The brand fund revenue, which is used for brand development, amounted to $51,466. Franchise fee revenue, collected from new franchisees, totaled $3,750.
In comparison, the FDD indicates that Angry Chickz had no revenue in 2023, as the company was formed on June 9, 2023. The financial statement provides a clear picture of the company's initial revenue streams as it began franchising its concept. A prospective franchisee can use this information to understand the revenue model of Angry Chickz and how the company generates income from its franchise operations.