What is the name of the company guaranteeing the performance of Cicis Franchisor?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
For value received, CiCi Services LLC, a Florida limited liability company, with its principal business address at 13355 Noel Road, Suite 1645, Dallas, TX 75240 (the "Guarantor"), absolutely and unconditionally guarantees the performance by On Smile LLC, located at 13355 Noel Road, Suite 1645, Dallas, TX 75240 (the "Franchisor"), of all of the obligations of Franchisor in accordance with the terms and conditions of the franchise registration in each state where the franchise is registered, and under its Franchise Agreement identified in its 2025 Franchise Disclosure Document, as it may be amended, and as that Franchise Agreement may be entered into with franchisees as amended, modified or extended from time to time. This guarantee continues in full force and effect until all obligations of the Franchisor under its franchise registrations and Franchise Agreements are satisfied or until the liability of Franchisor to its franchisees under the Franchise Agreement has been completely discharged, whichever first occurs. The Guarantor is not discharged from liability if a claim by a franchisee against the Franchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive notice of Franchisor's default. This guarantee is binding on the Guarantor and its successors and assignees.
The Guarantor signs this guarantee at Dallas, Texas on the 25 day of April 2025
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, CiCi Services LLC guarantees the performance of On Smile LLC, the Franchisor. CiCi Services LLC, a Florida limited liability company, has its principal business address at 13355 Noel Road, Suite 1645, Dallas, TX 75240. The guaranty is absolute and unconditional, covering all obligations of On Smile LLC under the franchise registration and the Franchise Agreement.
This guarantee remains in effect until all obligations of On Smile LLC are satisfied or the liability to its franchisees is completely discharged. The guarantee specifies that CiCi Services LLC will not be released from liability if a franchisee has an outstanding claim against On Smile LLC. Notice of acceptance of the guarantee is waived, but the guarantor does not waive notice of the Franchisor's default.
This arrangement provides a level of security for franchisees, ensuring that another entity is responsible for fulfilling the franchisor's obligations. The guarantee is binding on CiCi Services LLC and its successors and assignees, offering continued protection even if the guarantor's ownership or structure changes. The guarantor signed this guarantee on April 25, 2025, in Dallas, Texas.