Is Pizza Parent, LLC considered a current or former affiliate of Cicis?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
U.S. Bankruptcy Court, Northern District of Texas (Dallas) Bankruptcy Petition: 21-30146-sgj11: On January 25, 2021, some of our current and former affiliates, namely, Cici's Holdings, Inc., Awesome Acquisition Company, CAC, CiCi Enterprises, CiCi GP, LLC, CiCi Services, JMC GP, LLC, JMC Restaurant Distribution, LP, and Pizza Parent, LLC, filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. All the debtors share our principal business address. On March 3, 2021, the court approved the debtors' and creditors' pre-packaged Plan of Reorganization, and March 10, 2021, CiCi Enterprises emerged from bankruptcy. On July 2, 2021, the bankruptcy cases against all the petitioners except Pizza Parent, LLC were closed. On August 30, 2024, the case was closed against Pizza Parent, LLC.
Source: Item 4 — BANKRUPTCY (FDD page 11)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, Pizza Parent, LLC is considered a former affiliate of Cicis. Item 4 of the FDD discusses a bankruptcy filing on January 25, 2021, by several current and former affiliates, including Pizza Parent, LLC.
The document specifies that the bankruptcy case against Pizza Parent, LLC was closed on August 30, 2024, while the cases against other affiliates were closed earlier on July 2, 2021. The fact that Pizza Parent, LLC is listed among the 'current and former affiliates' that filed for bankruptcy indicates its status as an affiliate at some point.
For a prospective franchisee, this information highlights the importance of understanding the corporate structure and financial history of Cicis and its related entities. While the bankruptcy case against Pizza Parent, LLC has been closed, it is advisable to inquire further about the reasons for the bankruptcy and its potential impact on the franchise system.