factual

What entities are included in the combined financial statements for Cicis?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

Principles of combination: The accompanying combined financial statements include the accounts of the On Smile LLC and CiCi Services Company, LLC. All intercompany balances and transactions have been eliminated in combination.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the combined financial statements include the accounts of On Smile LLC and CiCi Services Company, LLC. On Smile LLC is responsible for selling and servicing franchises for the CiCi's Pizza concept. CiCi Services Company, LLC operates the gift card program for the CiCi's Pizza concept.

Both On Smile LLC and CiCi Services Company, LLC are wholly owned by CiCi Enterprises, LP. The combined financial statements consolidate the financial results of these two entities, providing a comprehensive view of the company's financial position and performance. All intercompany balances and transactions between On Smile LLC and CiCi Services Company, LLC have been eliminated during the combination process to avoid double-counting and to present a clear picture of the overall financial health of Cicis.

Prospective franchisees should understand that the financial performance represented in the FDD reflects the combined results of these specific entities. This is a common practice in franchising when the parent company has multiple subsidiaries involved in different aspects of the business. Reviewing these combined statements will give potential franchisees insight into the overall financial stability and performance of Cicis.

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.