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What were the marketing fund liabilities (restricted) for Cicis in 2023?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

2024 2023
Marketing fund liabilities, restricted (1,513,594) 2024 (1,937,309) 2023

Source: Item 23 — RECEIPTS (FDD pages 65–263)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the marketing fund liabilities (restricted) in 2023 were ($1,937,309). This figure represents the amount Cicis's marketing fund owed to third parties or other entities for restricted purposes at the end of the 2023 fiscal year. These liabilities are specific to the marketing fund, meaning they are earmarked for marketing-related activities and cannot be used for other operational expenses.

For a prospective franchisee, understanding the marketing fund's liabilities is crucial because it provides insight into the financial health and obligations of the fund. A high level of liabilities could indicate that the fund has significant outstanding debts or commitments, which might affect the scope and effectiveness of future marketing campaigns. Conversely, lower liabilities might suggest a more financially stable marketing fund with greater flexibility for strategic initiatives.

It's important to note that these liabilities are 'restricted,' meaning they are designated for specific marketing purposes. This restriction ensures that the funds are used appropriately and in accordance with the terms and conditions set by Cicis. Franchisees benefit from a well-managed marketing fund as it directly impacts brand awareness, customer acquisition, and overall sales performance. Therefore, understanding the financial standing and obligations of the marketing fund is an essential part of evaluating the franchise opportunity.

Prospective franchisees should further investigate the nature of these liabilities, including the terms of payment, the parties to whom the amounts are owed, and the specific marketing activities for which the funds are designated. This due diligence will provide a clearer picture of the marketing fund's financial management and its potential impact on the franchisee's business.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.