What must Cicis franchisees and their Owners execute to renew the franchise agreement?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
- (8) You and your Owners must execute a general release of any and all claims, however and whenever arising, against us, our affiliates, and our and their related parties;
Source: Item 22 — CONTRACTS (FDD pages 64–65)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, to renew the franchise agreement, both the franchisee and their Owners must execute a general release. This release covers any and all claims against Cicis, its affiliates, and their related parties, regardless of when or how these claims arise.
In addition to the release, the franchisee must fulfill several other conditions to qualify for renewal. These include providing written notice of their intent to renew within a specified timeframe, ensuring the restaurant meets all current system standards, remaining in compliance with all agreements, and satisfying all financial obligations to Cicis.
Furthermore, the franchisee must demonstrate they have the right to remain in possession of the restaurant premises, execute the then-current form of the franchise agreement (which may have different terms), pay a renewal fee of $7,500 plus associated costs, and comply with current qualification and training requirements. These comprehensive requirements ensure that only franchisees in good standing and those who meet Cicis's current standards are granted the opportunity to renew their franchise agreement.