When is the Development Fee for Multiple Restaurants due to Cicis?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS MADE |
|---|---|---|---|---|
| Development Fee for | $30,000 - $45,000 | Lump Sum | On Execution | Us |
| Multiple Restaurants 1 | ||||
| TOTAL ESTIMATED | $30,000 - $45,000 | |||
| INITIAL INVESTMENT |
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 Development Fee for Multiple Restaurants is due upon the execution of the Area Development Agreement. The fee ranges from $30,000 to $45,000.
This fee is paid directly to Cicis. The actual amount depends on the number of Cicis Restaurants the franchisee commits to develop under the Area Development Agreement. Typically, for a commitment to open 2 or 3 Cicis Restaurants, the Development Fee is calculated as $15,000 multiplied by the number of restaurants.
It's important to note that this development fee is not an additional cost but is applied in increments of $15,000 towards the payment of initial franchise fees as Franchise Agreements are executed for each restaurant. Therefore, while it's an upfront payment, it essentially pre-pays a portion of the initial franchise fees for each location developed under the agreement.