On what page of the Cicis Franchise Agreement can I find information about the Initial Franchise Fee?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
- FEES
- A. Initial Franchise Fee. You will pay us, on your execution of this Agreement, an initial franchise fee in the amount shown on Attachment A or Attachment A-1, as applicable. The initial franchise fee, when paid, will be deemed fully earned and nonrefundable in consideration of the administrative and other expenses we incurred in granting the license hereunder and for our lost or deferred opportunity to grant such license to any other party.
Source: Item 22 — CONTRACTS (FDD pages 64–65)
What This Means (2025 FDD)
According to Cicis' 2025 Franchise Disclosure Document, details regarding the initial franchise fee can be found on page 78 of the Franchise Agreement. Specifically, Section 4, titled "FEES," outlines the initial franchise fee in subsection A, stating that the amount is shown on Attachment A or Attachment A-1, as applicable. The FDD specifies that this fee is payable upon execution of the agreement.
Furthermore, the FDD clarifies that the initial franchise fee is considered fully earned and nonrefundable once paid. This nonrefundable nature is in consideration of the administrative and other expenses Cicis incurs while granting the franchise license. It also accounts for the lost or deferred opportunity for Cicis to grant the license to another party.
Prospective franchisees should carefully review Attachment A or A-1 of the Franchise Agreement to confirm the exact initial franchise fee applicable to their specific situation. Understanding that this fee is nonrefundable is crucial for financial planning and risk assessment before signing the agreement. Franchisees should also inquire about any circumstances under which a partial refund might be considered, although the FDD explicitly states it is nonrefundable.