What year did the CEO of Angry Chickz file for bankruptcy?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
Mr. Mkhitaryan has been our CEO since inception and since 2018 he has been the CEO of Angry Chickz Inc., our affiliate, in Los Angeles California.
Source: Item 4 — BANKRUPTCY (FDD page 10)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Angry Chickz does not state whether the CEO, David Mkhitaryan, has ever filed for bankruptcy. The document does include information about Mr. Mkhitaryan's professional experience, noting that he has been the CEO of Angry Chickz Inc. since 2018 and the CEO of Angry Chickz Franchising LLC since its inception.
Because the FDD does not disclose any bankruptcy filings, a prospective Angry Chickz franchisee should independently investigate the background and financial history of the CEO and other key executives. This could involve conducting background checks or consulting with financial advisors.
It is important for potential franchisees to have a complete understanding of the leadership and financial stability of the company they are investing in. While the FDD provides some information, it is the franchisee's responsibility to conduct thorough due diligence.