factual

What is the fiscal year end for Cicis?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 21: FINANCIAL STATEMENTS]

ITEM 21 FINANCIAL STATEMENTS

Attached as Exhibit G are (i) the combined audit report for us and our affiliate, CiCi Services Company, LLC, which includes our and CiCi Services Company, LLC's combined balance sheet as of December 31, 2024 and 2023, and the related combined statements of income, changes in members' capital and cash flows for the years then ended on December 31, 2024 December 31, 2023, December 31, 2022, and (ii) the Guaranty of Performance issued by our affiliate, CiCi Services. Our and CiCi Services' fiscal year ends on December 31.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 64)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the company's fiscal year ends on December 31. This is relevant for franchisees because Cicis will provide an annual statement of the marketing fund's collections and expenses within 120 days after its fiscal year end. The financial statements included in the FDD are also based on this fiscal year end date.

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.
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