factual

What is the estimated range for the Development Fee for Multiple Restaurants that I would pay to Cicis?

Cicis Franchise · 2025 FDD

Answer 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 estimated Development Fee for Multiple Restaurants ranges from $30,000 to $45,000. This fee is paid in a lump sum to Cicis upon the execution of the Area Development Agreement. This fee applies to a typical opening commitment of 2 or 3 Cicis restaurants, calculated as $15,000 multiplied by the number of restaurants you agree to open.

However, the FDD notes an exception under current incentive programs. If a franchisee enters into a new 5-unit Area Development Agreement and remains in good standing, the Development Fee is $10,000 multiplied by the number of Cicis restaurants agreed to open. In this case, for a 5-unit agreement, the development fee would total $50,000.

The Development Fee is not an expense; Cicis will apply the development fee in increments of either $15,000 or $10,000 (depending on the incentive program) toward the payment of initial franchise fees as Franchise Agreements are executed for each location.

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.