Does the lease estimate for a Cicis restaurant include costs of land acquisition and building construction?

According to Cicis's 2025 Franchise Disclosure Document, the lease estimates provided do not include the costs of land acquisition or building construction. The FDD specifies that Cicis Restaurants are typically located in commercially zoned shopping areas and that the premises are normally leased due to the cost of land acquisition and new construction. The estimated initial investment assumes that franchisees will lease the premises.

For a prospective Cicis franchisee, this means the initial investment figures presented are based on leasing a location rather than purchasing land and constructing a new building. If a franchisee chooses to purchase land and construct a building, the initial cost will be significantly higher than the estimates provided in the FDD. The document explicitly states that Cicis cannot provide an estimate for the cost of land acquisition and new building construction due to the highly variable nature of these costs.

This distinction is important for budgeting and financial planning. Franchisees need to be aware that the initial investment figures are relevant only if they plan to lease a location. Those considering purchasing land and constructing a building must conduct their own due diligence to determine those costs, as Cicis does not provide those estimates. This could involve consulting with real estate professionals, contractors, and local authorities to obtain accurate cost projections for land and construction in their desired area.