In how many installments is the smallwares package for a Cicis Buffet Restaurant payable?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
f invoice by JMC.
- Smallwares: If you develop a Cicis Buffet Restaurant, the current initial package of smallwares costs $16,000 and is payable in two equal installments. The first installment is due and payable when you place the order and the second installment is payable before the opening of your Cicis
Source: Item 5 — INITIAL FEES (FDD pages 11–14)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the smallwares package for a Cicis Buffet Restaurant is payable in two equal installments. The total cost for the initial smallwares package is $16,000. The first installment is due when the order is placed, and the second installment must be paid before the Cicis Buffet Restaurant opens.
This payment structure means a prospective franchisee needs to budget for two significant payments related to smallwares. The first payment is required upfront when ordering, which could impact initial cash flow. The second payment is timed before opening, so franchisees need to ensure they have sufficient funds available as they approach their launch date. This installment plan may help franchisees manage their expenses over a defined period rather than requiring a single lump-sum payment.
Installment plans for initial investments are not uncommon in franchising, as they can ease the financial burden on new franchisees. However, franchisees should carefully consider the timing of these payments in relation to other startup costs and revenue projections to ensure they maintain adequate working capital. Understanding the payment schedule for the smallwares package is a crucial part of financial planning for opening a Cicis Buffet Restaurant.