How much did Cicis collect in franchise royalties and technology fees in 2024?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
2,423,224 | 1,102,712 | | Total liabilities and members' capital | $ 6,806,925 | $ 7,254,259 |
Combined Statements of Income Years Ended December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Revenue: | ||
| Marketing fees | $ 17,505,781 | $ 17,219,322 |
| Franchise royalties and technology fees | 14,276,030 | 14,105,892 |
| Technology and support fees | 260,000 | 93,700 |
| Franchise fees | 72,368 | 57,395 |
| Incentive income from vendors | 680,337 | 758,680 |
| Marketing income from vendors | 9,752,184 | 9,123,662 |
| Total revenues | 42,546,700 | 41,358,651 |
| Expenses: | ||
| Marketing general and administrative costs | 26,147,519 | 25,000,069 |
| Other general and |
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 company collected $14,276,030 in franchise royalties and technology fees during the year 2024. This figure represents the combined revenue from these two specific sources, indicating the income Cicis receives from its franchisees for the rights to operate under the Cicis brand and for the technology support provided.
For a prospective franchisee, this number is an indicator of the financial health and revenue streams of Cicis. It shows how much franchisees collectively contribute to the overall revenue of the company through royalties and technology fees. Franchise royalties and technology fees are ongoing costs that franchisees must pay to Cicis, typically based on a percentage of their gross sales.
Understanding the total amount Cicis collects in royalties and fees can help potential franchisees evaluate the reasonableness of these costs and their potential impact on their own profitability. Reviewing these figures over multiple years, as presented in the FDD, can also reveal trends and stability in Cicis's revenue model.