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What were the accounts receivable for the Cicis marketing fund (restricted) in 2023?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

2024 2023
Accounts receivable—marketing fund, restricted 2,395,119 2,537,488

Source: Item 23 — RECEIPTS (FDD pages 65–263)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the accounts receivable for the marketing fund (restricted) was $2,537,488 in 2023. This figure represents the amount of money owed to the Cicis marketing fund but not yet received as of the end of that year.

Accounts receivable are a normal part of business operations, especially when dealing with ongoing marketing programs where franchisees contribute regularly. The marketing fund is used to promote the Cicis brand, and these receivables likely represent contributions due from franchisees or other sources. Franchisees should be aware of these figures as they reflect the financial health and activity of the marketing fund, which directly impacts brand promotion and potentially, their restaurant's performance.

It's important for prospective franchisees to understand how the marketing fund is managed, including the collection and use of these funds. Large outstanding receivables could indicate potential issues with franchisee compliance or the effectiveness of the fund's management. Therefore, it would be prudent for potential franchisees to inquire about the processes Cicis has in place to manage and collect these receivables, ensuring the marketing fund remains robust and effective.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.