How many Cicis Buffet Restaurant transfers occurred in Virginia during 2024?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
wners (other than the Franchisor) (Cicis Buffet Restaurants) As of December 31, 2022, December 31, 2023, December 31, 2024**
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, there were 2 franchise transfers in Virginia during 2024.
This data point is important for prospective franchisees as it provides insight into the stability and desirability of Cicis franchises in Virginia. A higher number of transfers could indicate a more active market for buying and selling franchises, but it could also signal potential issues with franchise performance or franchisee satisfaction. Conversely, a low number of transfers, as is the case here, might suggest stability, but could also mean there are fewer opportunities to acquire existing Cicis locations.
It is essential to consider this transfer data in conjunction with other information, such as the number of terminations, non-renewals, and overall changes in outlet numbers, to gain a comprehensive understanding of the franchise network's health and dynamics. Reviewing the performance and history of the specific locations that were transferred, if possible, would offer further valuable insights for anyone considering investing in a Cicis franchise in Virginia.