According to the receipt, what exhibits are included in the Cicis disclosure document?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated April 25, 2025, that included the following Exhibits:
Exhibit A State Administrators/Agents for Service of Process Exhibit E List of Franchised Restaurants Exhibit B Form Franchise Agreement Exhibit F List of Franchisees Who Left System or Not Communicated Exhibit C Form Area Development Agreement Exhibit G Financial Statements Exhibit D Form Incentive Program Addenda Exhibit H State Addenda and Agreement Riders Exhibit D-1 Development Incentive Program Addendum Exhibit I Renewal Addendum Exhibit Veteran's Incentive Program Addendum Exhibit Manual Table of Contents D-2 J Exhibit Reopen Incentive Program Addendum Exhibit Sample D-3 K General Release Exhibit D-4 Underperforming Restaurant Incentive Program Addendum Exhibit L Receipts
Source: Item 22 — CONTRACTS (FDD pages 64–65)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the disclosure document includes several exhibits. These exhibits cover various aspects of the franchise agreement and related information. Specifically, Exhibit A lists the State Administrators/Agents for Service of Process, which is important for legal and regulatory compliance. Exhibit B contains the Form Franchise Agreement, which outlines the terms and conditions of the franchise. Exhibit C includes the Form Area Development Agreement, applicable for franchisees looking to develop multiple locations. Exhibit D contains the Form Incentive Program Addenda, with sub-exhibits D-1, D-2, D-3, and D-4 detailing different incentive programs such as Development, Reopen, Veteran's, and Underperforming Restaurant Incentive Programs. Exhibit I contains the Renewal Addendum. Exhibit J contains the Manual Table of Contents. Exhibit K contains the Sample General Release. Exhibit L contains the Receipts.
Additionally, Exhibit E provides a list of franchised restaurants, offering insight into the existing network. Exhibit F lists franchisees who have left the system or have not communicated, which could be useful for assessing franchisee turnover. Exhibit G includes the financial statements, providing a look at the financial health of Cicis. Exhibit H contains State Addenda and Agreement Riders, addressing state-specific regulations and requirements.
Prospective franchisees should carefully review each of these exhibits to fully understand their rights, obligations, and the overall structure of the Cicis franchise system. Understanding these documents is crucial before making any commitments or investments. The exhibits provide detailed information on legal aspects, financial performance, and operational standards, enabling informed decision-making.