How many Cicis outlets were sold to franchisees in 2023?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
3 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 | 6 | 6 | 0 | | | 2023 | 6 | 6 | 0 | | | 2024 | 6 | 6 | 0 | Table No. 2A Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) (Cicis Buffet Restaurants) As of December 31, 2022, December 31, 2023, December 31, 2024
| State | Year | Number of Transfers |
|---|---|---|
| Ala |
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 zero Cicis Buffet Restaurants or Cicis To Go Restaurants sold to franchisees in 2023.
Specifically, the table regarding the transfers of Cicis Buffet Restaurants outlets from franchisees to new owners indicates that no such transfers occurred in 2023. Similarly, the table concerning transfers of Cicis To Go Restaurants outlets from franchisees to new owners also shows zero transfers to new owners during the same year.
This data point is crucial for potential franchisees as it provides insight into the ownership dynamics within the Cicis franchise system. A high number of transfers to new owners might suggest a healthy market for existing franchises, while a low number, as seen here, could indicate stability or a lack of resale opportunities.