factual

What factors can affect the leasehold improvement ranges for a Cicis Restaurant?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

The leasehold improvement ranges will be affected by various factors like the location of the Cicis Restaurant and local market conditions.

The estimates assume that the landlord will provide connections to adequate electrical, gas, water, and sewage service.

Your actual costs may or may not include site preparation, demising walls, and utility extensions, depending on the arrangements you negotiate with your landlord.

Some landlords are willing to contribute toward the cost of finish-out, which may reduce the overall leasehold improvement costs, but is not included in the chart above because, if offered, the terms will vary widely.

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 leasehold improvement costs for a Cicis restaurant can vary significantly based on several factors. These costs, which range from $76,600 to $183,725 for a Cicis To Go Restaurant and $325,080 to $348,725 for a Cicis Buffet Restaurant, are influenced by the restaurant's location and prevailing local market conditions. This means that franchisees in different areas may experience different costs due to varying labor rates, material costs, and demand for construction services. Also, the size of the restaurant affects these costs, with Cicis Buffet Restaurants typically ranging from 3,000 to 6,000 square feet and Cicis To Go Restaurants ranging from 1,000 to 1,500 square feet.

Negotiations with the landlord can also play a crucial role in determining the final leasehold improvement expenses. The FDD notes that some landlords may be willing to contribute towards the cost of finish-out, which could reduce the overall expenses for the franchisee. However, these contributions are not guaranteed and can vary widely in terms. Additionally, the estimates provided by Cicis assume that the landlord will provide connections to adequate electrical, gas, water, and sewage service. If the franchisee has to cover the costs for site preparation, demising walls, and utility extensions, this will increase the overall leasehold improvement costs.

Prospective Cicis franchisees should carefully consider these factors and conduct thorough due diligence to estimate their potential leasehold improvement costs accurately. This includes researching local market conditions, negotiating favorable lease terms with the landlord, and understanding what site preparations and utility connections are the franchisee's responsibility. By taking these steps, franchisees can better prepare for the financial investment required to open a Cicis restaurant and manage their expenses effectively.

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.