factual

What expenses are included in the 'other costs' estimate for a Cicis restaurant?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

CICIS BUFFET RESTAURANT**

Type of Expenditure (Note 1) Amount Method of Payment When Due To Whom Payment Is To Be Made
Initial Franchise Fee (Note 2) $30,000 Lump sum On Execution Us
Leasehold Improvements (Note 3) $325,080 - $348,725 As arranged As invoiced Landlord / Third-Party Suppliers
Equipment and Supplies $80,000 - As arranged As invoiced Third-Party
for Game Room (Note 4) $250,000 Suppliers
Impact Fees $0 - As arranged As assessed Local Authorities
(Note 5) $20,000
Equipment, Furniture and Fixtures (Note 6) $163,752 – $217,000 Lump sum or as arranged As invoiced Our Affiliate / Third Party Suppliers
Signage and Graphics (Note 7) $11,464 – $19,600 Lump sum As invoiced Third-Party Suppliers
Insurance (Note 8) $500 - $2,000 As arranged As invoiced Third-Party Suppliers
Business Licenses (Note $1,000 - As arranged As invoiced Third-Party
9) $4,000 Suppliers
Opening Inventory/ Supplies (Note 10) $28,419 - $34,428 Lump sum or as arranged As invoiced Our Affiliate / Third Party Suppliers
Promotional $10,000 - As arranged As incurred Third-Party
Expenses (Note 11) $15,000 Suppliers
Training Costs (Note 12) $10,750 - $36,000 As arranged As needed Third-Party Suppliers / Employees / Us
Deposits and other Pre Opening Costs (Note 13) $9,000 - $17,000 As arranged As invoiced Third-Party Suppliers
Additional Funds $25,000 - As arranged As invoiced Third-Party
(3 months) $45,000 Suppliers
Type of Expenditure (Note 1) Amount Method of Payment When Due To Whom Payment Is To Be Made
--- --- --- --- ---
TOTALS $694,965 - $1,038,753

YOUR ESTIMATED INITIAL INVESTMENT FOR A CICIS TO GO RESTAURANT

Type of Expenditure (Note 1) Amount Method of Payment When Due To Whom Payment Is To Be Made
Initial Franchise Fee (Note $15,000 Lump sum On Us
2) Execution
Leasehold Improvements $76,600 - As arranged As invoiced Landlord /
(Note 3) $183,725 Suppliers
Impact Fees (Note 5) $0 - $5,000 As arranged As assessed Local Authorities
Equipment Furniture and Fixtures (Note 6) $87,586 - $114,473 Lump sum or as arranged As invoiced JMC / Suppliers
Signage and Graphics $5,000 - Lump sum As invoiced Third-Party
(Note 7) $10,000 Suppliers
Insurance (Note 8) $375 - $2,000 As arranged As invoiced Third-Party Suppliers
Business Licenses (Note 9) $1,000 - $3,000 As arranged As invoiced Third-Party Suppliers
Opening Inventory/ $21,025 - Lump sum As incurred JMC / Suppliers
Supplies (Note 10) $27,034
Promotional $10,000 - As arranged As incurred Third-Party
Expenses (Note 11) $15,000 Suppliers
Training Costs (Note 12) $7,500 - $29,000 As arranged As incurred Third-Party Suppliers / Employees /Us
Deposits and other Pre Opening Costs (Note 13) $8,000 - $19,000 As arranged As invoiced Third-Party Suppliers
Additional Funds $10,000 - As arranged As invoiced Third-Party
(3 months) (Note 14) $15,000 Suppliers
TOTALS $242,086 - $438,232

Notes to the 2 preceding charts:

    1. All fees payable to us and our affiliates are not refundable. Whether any of the other payments are refundable will depend on the arrangement between you and the supplier.

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 initial investment includes several 'other costs' categories. For a Cicis Buffet Restaurant, these include impact fees ranging from $0 to $20,000, equipment, furniture, and fixtures costing between $163,752 and $217,000, signage and graphics ranging from $11,464 to $19,600, insurance premiums estimated between $500 and $2,000, business licenses ranging from $1,000 to $4,000, opening inventory/supplies costing between $28,419 and $34,428, promotional expenses ranging from $10,000 to $15,000, training costs between $10,750 and $36,000, deposits and other pre-opening costs ranging from $9,000 to $17,000, and additional funds for three months of $25,000 to $45,000. The total estimated initial investment for a Cicis Buffet Restaurant ranges from $694,965 to $1,038,753.

For a Cicis To Go Restaurant, the 'other costs' include impact fees ranging from $0 to $5,000, equipment, furniture, and fixtures costing between $87,586 and $114,473, signage and graphics ranging from $5,000 to $10,000, insurance premiums estimated between $375 and $2,000, business licenses ranging from $1,000 to $3,000, opening inventory/supplies costing between $21,025 and $27,034, promotional expenses ranging from $10,000 to $15,000, training costs between $7,500 and $29,000, deposits and other pre-opening costs ranging from $8,000 to $19,000, and additional funds for three months ranging from $10,000 to $15,000. The total estimated initial investment for a Cicis To Go Restaurant ranges from $242,086 to $438,232.

Prospective franchisees should note that these figures are estimates and can vary based on location, market conditions, and specific arrangements with suppliers and landlords. Impact fees, for example, are determined by local jurisdictions and can significantly exceed the stated estimates. Additionally, costs for leasehold improvements can vary widely depending on landlord contributions and the condition of the premises. It is important for potential franchisees to carefully review these estimates and conduct thorough due diligence to determine the actual costs for their specific location.

Furthermore, some of these costs are payable to Cicis's affiliate, JMC, for items such as smallwares and initial inventory. The FDD advises franchisees to review these estimates with their business advisors to ensure they have sufficient capital to launch and sustain their Cicis franchise. The document also clarifies that these estimates do not include financing charges, interest, or debt service obligations, which franchisees should consider separately when planning their investment.

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.