factual

For a Cicis franchise, what is the estimated range for leasehold improvements?

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 for leasehold improvements for a Cicis Buffet Restaurant ranges from $325,080 to $348,725. For a Cicis To Go Restaurant, the estimated initial investment for leasehold improvements ranges from $76,600 to $183,725. These costs are paid as arranged to the landlord or third-party suppliers as invoiced.

These leasehold improvement ranges are affected by factors such as 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. Depending on negotiations with the landlord, the franchisee's actual costs may or may not include site preparation, demising walls, and utility extensions.

It is important to note that some landlords may contribute to the cost of finish-out, which could reduce overall leasehold improvement costs. However, this potential contribution is not included in the estimated range because the terms vary widely. Prospective franchisees should carefully consider these factors and conduct thorough due diligence to determine the potential costs of leasehold improvements for their specific 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.