What does the 'other costs' estimate include for a Cicis restaurant?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
ired to pay us (See Item 5).
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- This includes the costs of legal fees and architectural and/or engineering plans as well as the costs of prepaid rent, a lease deposit, utility deposits, and up to $4,000 in expense reimbursement to us for lease review (See Item 5). The prepaid rent and the lease deposit are estimated to be one month of rent charges.
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- In addition to the initial franchise fee and other initial costs, you will need additional funds to operate your Location during the start-up phase of the business. These funds will be used, among other things, to train your crew, compensate for higher than normal food and labor costs during the start-up phase, and provide general working capital. These amounts do not include any estimates for debt service and related closing costs or for payment of a Managing Owner's or Operator's salary during pre-opening. We estimate the start-up phase to be 3 months from the date the
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT FOR A CICIS BUFFET RESTAURANT (FDD pages 21–25)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the 'other costs' or 'deposits and other pre-opening costs' for a Cicis Buffet restaurant, estimated between $9,000 and $17,000, encompass legal fees, architectural and/or engineering plans, prepaid rent, a lease deposit, utility deposits, and up to $4,000 in expense reimbursement to Cicis for lease review. The prepaid rent and lease deposit are estimated to be one month's rent charges. For a Cicis To Go restaurant, these 'deposits and other pre-opening costs' are estimated to be between $8,000 and $19,000.
For both Cicis Buffet and Cicis To Go restaurants, the FDD also lists 'Additional Funds (3 months)' as another cost. This is estimated to be between $25,000 and $45,000 for a Cicis Buffet restaurant and between $10,000 and $15,000 for a Cicis To Go restaurant. These funds are intended to cover expenses during the start-up phase, including crew training, higher-than-normal food and labor costs, and general working capital. The FDD specifies that these amounts do not include debt service, related closing costs, or a Managing Owner's or Operator's salary during pre-opening. Cicis estimates the start-up phase to last three months from the opening date.
Prospective franchisees should note that these figures are estimates, and Cicis cannot guarantee that franchisees will not incur additional expenses. The FDD advises franchisees to calculate their estimated expenses based on anticipated costs in their specific market and to consider whether they will need additional cash reserves. These estimates were compiled based on Cicis's affiliates' experience in developing and operating Cicis restaurants. Neither Cicis nor its affiliates offer direct or indirect financing for any part of the initial investment; financing availability and terms depend on general financing availability, the franchisee's creditworthiness and collateral, and the lending policies of financial institutions.