On what day of the week is the Cicis Royalty Fee currently due?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee | 5% of Net Sales for a Cicis Buffet Restaurant; 6% of Net Sales for a Cicis To Go Restaurant (subject to reduction for participation in current incentive programs). | The day of the week we specify (currently, Thursday) | See Notes 2, 3, 4, and 5 |
Source: Item 6 — OTHER FEES (FDD pages 14–21)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the Royalty Fee is currently due on Thursday. The Royalty Fee for a Cicis Buffet Restaurant is 5% of Net Sales, while it is 6% of Net Sales for a Cicis To Go Restaurant. However, this fee is subject to reduction for participation in current incentive programs.
It is important to note that Cicis could change the day of the week the royalty fee is due. Franchisees should stay aware of any changes to the due date to avoid any late payment penalties or other issues.
Understanding the due dates for fees like the Royalty Fee is crucial for managing cash flow and ensuring compliance with the franchise agreement. Franchisees should carefully review the FDD and any updates provided by Cicis to remain informed about their financial obligations.