What was the total revenue reported for Hck Hot Chicken in 2023?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
ing Authorized Products; (vi) generally improve chain wide understanding of the System (collectively, the "Information"). Without limiting the generality of the foregoing:
- 10.1.1 Franchisee will electronically link the Franchised Restaurant to Franchisor and itsthird-party supplier and will allow Franchisor to poll on a daily or more frequent basis.
- 10.1.2 For restaurants not on the "HCK Hot Chicken" Information System, at Franchisor's request, on or before Wednesday of each Week during the Term hereof, Franchisee shall submit a Gross Sales report signed by Franchisee, on a form prescribed by Franchisor, reporting all Gross Sales for the preceding Week, together with such additional financial information as Franchisor may from time-to-time request. If the Franchisee fails to submit any required report when due, Franchisee must pay a fee of $100 per occurrence and $100 per Week until the Franchisee submits the required report, which shall be deposited into the Brand Fund or such other fund as Franchisor may designate.
- 10.1.3 Within 90 days following the end of each calendar year, Franchisee shall submit to Franchisor an unaudited financial statement prepared in accordance with generally accepted accounting principles, and in such form and manner prescribed by Franchisor, which shall be certified by Franchisee to be accurate and complete. Promptly upon Franchisor's request, Franchisee will furnish Franchisor with a copy of each of Franchisee's reports and returns of sales, use, and gross receipt taxes re
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
Based on the 2025 Hck Hot Chicken Franchise Disclosure Document excerpts, information regarding the total revenue for Hck Hot Chicken in 2023 is not included. The excerpts focus on franchisee obligations for reporting financial data to the franchisor, including gross sales reports, unaudited financial statements, and cooperation with inspections.
Specifically, franchisees must electronically link their restaurants to the franchisor's system or submit weekly gross sales reports. They are also required to submit annual unaudited financial statements within 90 days of each calendar year's end. Failure to submit these reports can result in fees of $100 per occurrence and $100 per week until the report is submitted.
To obtain the specific total revenue figures for 2023, a prospective Hck Hot Chicken franchisee should directly request this information from the franchisor. Understanding the brand's financial performance is crucial for making an informed investment decision.