Where in the Cicis FDD can I find details regarding the execution of franchise agreements?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
ggested or assisted you in finding the Site, you may not rely on our acceptance as a representation, promise, warranty, or guarantee that the Site will meet your own expectations or that your Restaurant will be profitable or otherwise successful, or for any other purpose whatsoever.
We will use our reasonable efforts to review and evaluate your proposed Sites within 30 days after we receive all requested information and materials. If we accept a proposed Site, you or your approved Affiliate must sign a separate Franchise Agreement for the Site within 15 days after we provide you with an execution copy of the Franchise Agreement, failing which, we may withdraw our acceptance.
E. EXECUTION OF FRANCHISE AGREEMENTS.
Simultaneously with signing this Agreement, you or an Affiliate we approve must sign and deliver to us a Franchise Agreement and related documents representing the first Franchise you are obligated to acquire under this Agreement. You or your approved Affiliate must thereafter open and operate a Restaurant according to the terms of that Franchise Agreement. Thereafter, once we have accepted a Site, and prior to signing a lease or to otherwi
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, Item 23 covers the execution of franchise agreements. Specifically, it states that when signing the Area Development Agreement, the franchisee or an approved affiliate must also sign and deliver a Franchise Agreement for the first restaurant. After Cicis accepts a site, but before the franchisee secures the site, the franchisee must sign Cicis' then-current Franchise Agreement.
The FDD specifies that the terms in the current form of the Franchise Agreement may differ substantially from the terms in the form of the Franchise Agreement Cicis uses on the effective date. However, the royalty rate will not exceed 5% of gross sales for Cicis Buffet Restaurants or 6% of gross sales for Cicis To Go Restaurants. The initial franchise fee will be $30,000 for Cicis Buffet Restaurants or $15,000 for Cicis To Go Restaurants.
Each Franchise Agreement governs the development and operation of the restaurant at the accepted site identified in the agreement. This ensures that each location has a specific agreement tailored to its operation. The document outlines the process and conditions under which a franchisee will enter into a franchise agreement with Cicis, including the fees and royalty rates at the time of signing.