How much did Cicis collect in franchise royalties in 2022?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
51,547 | 5,138,878 | | Commitments and contingencies (Note 5) | | | | Members' capital | 1,102,712 | 3,543,007 | | Total liabilities and members' capital | $ 7,254,259 | $ 8,681,885 |
Combined Statements of Income Years Ended December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Revenue: | ||
| Marketing fees | $ 17,219,322 | $ 15,444,992 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the franchise collected $12,763,629 in franchise royalties during the year 2022. This figure represents the total royalties Cicis received from all of its franchisees for the use of its brand name, operational systems, and other intellectual property. Franchise royalties are a primary revenue stream for franchisors like Cicis.
For a prospective Cicis franchisee, understanding the franchisor's royalty revenue is important for several reasons. It provides insight into the financial health and stability of the franchise system. A consistent and growing royalty revenue indicates that franchisees are generating sales and the brand is performing well. It also demonstrates Cicis's ability to support its franchisees and invest in the growth of the system.
However, it is important to note that this figure only represents the total royalties collected and does not reflect the royalty rate or the sales volume of individual franchisees. A prospective franchisee should also investigate the royalty structure, including the percentage of sales paid as royalties and any minimum royalty requirements, to determine the potential profitability of a Cicis franchise.