What additional costs are Cicis franchisees responsible for paying during a transfer?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
greement and any Franchise Agreement with us;
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- you and your owners must not have violated any provision of this Agreement or any other agreement with us or our Affiliates during both the 60-day period before you requested our consent to the Transfer and
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, a franchisee seeking to transfer their rights must pay a transfer fee of $7,500. In addition to this fee, the franchisee is responsible for reimbursing Cicis for reasonable out-of-pocket costs and expenses associated with the transfer.
This means that a Cicis franchisee considering a transfer needs to budget not only for the stated transfer fee but also for potential additional costs. These additional costs could cover legal fees, administrative expenses, and other costs Cicis incurs while processing the transfer. The exact amount of these additional costs is not specified, making it important for franchisees to discuss this with Cicis to get an estimate before initiating the transfer process.
It is also important to note that the transfer is contingent on meeting several other conditions, such as compliance with obligations, providing necessary information, and resolving outstanding debts. Failing to meet these conditions could further complicate the transfer process and potentially lead to additional expenses or the denial of the transfer request. Therefore, franchisees should carefully review all requirements and ensure they are in full compliance before proceeding with a transfer.