What was the median annual Fee Based Net Sales for Cicis restaurants in the data set?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
Data Set, 110 (i.e., 46%) Cicis Buffet Restaurants met or exceeded the average monthly Fee Based Net Sales.
- (2) The highest annual Fee Based Net Sales was $3,159,023, the lowest annual Fee Based Net Sales was $642,972, and median annual Fee Based Net Sales was $1,289,099. Of the Restaurants in the
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 53–58)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the median annual Fee Based Net Sales for restaurants in the data set was $1,289,099. The data set used to calculate this figure included 240 franchised Cicis Buffet Restaurants and covered the period from January 1, 2024, through December 31, 2024. The highest annual Fee Based Net Sales was $3,159,023, while the lowest was $642,972. The Fee Based Net Sales includes all sales, revenues, charges, and receipts, excluding sales tax, customer refunds, vending machine sales, and revenue from video game machines.
For a prospective Cicis franchisee, this information provides a benchmark for potential revenue. It's important to note the range between the highest and lowest sales figures, which indicates variability in performance among different locations. The fact that 46% of the restaurants in the data set met or exceeded the average monthly Fee Based Net Sales suggests that achieving or surpassing the average is attainable for a significant portion of franchisees.
However, potential franchisees should consider various factors that could influence their restaurant's performance, such as location, market conditions, and management skills. The FDD also notes that some franchisees in the data set were subject to older franchise agreements with lower payment amounts, which could affect the financial metrics. Cicis adjusted the data to reflect current royalty and technology fees to provide a more accurate representation of potential earnings under the current franchise agreement.
It is crucial for prospective franchisees to conduct their own due diligence, including reviewing the complete Item 19 in the FDD and consulting with existing franchisees, to gain a comprehensive understanding of the potential financial performance of a Cicis franchise. The FDD also advises that written substantiation for the financial performance representation will be made available upon reasonable request.