What is the initial franchise fee for Cicis?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
te, 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
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the initial franchise fee varies depending on the type of restaurant. For a Cicis Buffet Restaurant, the initial franchise fee is $30,000, while for a Cicis To Go Restaurant, the initial franchise fee is $15,000. This fee is payable upon signing the Franchise Agreement.
However, the FDD also mentions potential reductions or waivers of the initial franchise fee under certain conditions. For instance, if a franchisee is approved to participate in the Development Incentive Program and remains in good standing, the initial franchise fee may be reduced to $10,000. Similarly, for franchisees participating in the Veterans Incentive Program or those reopening a previously closed Cicis Restaurant, the initial franchise fee may be waived or reduced to $5,000, provided they meet specific criteria and maintain good standing with the company.
It is important for prospective franchisees to understand the specific requirements and conditions for these reductions or waivers, as Cicis reserves the right to revoke these incentives if a franchisee fails to meet the criteria or falls out of good standing. This could result in the franchisee being required to pay the full initial franchise fee. Therefore, it is crucial to carefully review the terms of the Franchise Agreement and any related addendums to fully understand the applicable fees and potential incentives.