factual

During what period must the Cicis transferor and their owners not have violated any agreement with Cicis or its Affiliates?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. you and your owners must not have violated any provision of this Agreement or any other agreement with us or our Affiliates during both the 60-day period before you requested our consent to the Transfer and the period between your request and the effective date of the Transfer;

Source: Item 23 — RECEIPTS (FDD pages 65–263)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, a transferor and their owners must not have violated any agreement with Cicis or its affiliates during two distinct periods. These periods include the 60-day period before requesting Cicis's consent to the transfer and the time between the request and the actual effective date of the transfer.

This requirement ensures that Cicis maintains control over who becomes a franchisee and that any potential transferor is in good standing before a transfer is approved. It protects Cicis from potential liabilities or damages that could arise from a transfer to someone who has a history of non-compliance.

For a prospective Cicis franchisee, this means that if they plan to transfer their franchise, they and their owners must ensure strict compliance with all agreements with Cicis and its affiliates for at least 60 days before initiating the transfer request and throughout the transfer process. Failure to comply during these periods could result in the denial of the transfer request.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.