What is the reduced initial franchise fee for each franchise agreement under the Cicis Development Incentive Program?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
centive programs:
- Development Incentive Program: If you enter into a new 5-unit Area Development Agreement and remain in good standing under all agreements with us, the initial franchise fee you pay under each Franchise Agreement you sign pursuant to the Area Development Agreement will be reduced to $10,000, and the development fee will be $50,000. We will then apply the development fee, in $10,000 increments, in full satisfaction of the initial franchise fee due under each Franchise Agreement you sign pursuant to the Area Development Agreement. To participate in this program, you must sign and satisfy the conditions under the Development Incentive Program Addendum attached as Exhibit D-1 to this Disclosure Document when you sign the Area Development Agreement or, as applicable, the Fr
Source: Item 5 — INITIAL FEES (FDD pages 11–14)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the initial franchise fee is reduced to $10,000 for each franchise agreement under the Development Incentive Program. This incentive is available to franchisees who enter into a new 5-unit Area Development Agreement and remain in good standing with Cicis.
To participate in the Development Incentive Program, franchisees must sign and meet the requirements outlined in the Development Incentive Program Addendum, which is attached as Exhibit D-1 to the FDD. This addendum must be signed when the Area Development Agreement or, if applicable, the Franchise Agreement is signed. The development fee for this program is $50,000, which is applied in $10,000 increments to satisfy the initial franchise fee due under each Franchise Agreement signed under the Area Development Agreement.
This incentive program can significantly lower the initial costs for franchisees planning to open multiple Cicis locations. However, it's crucial to carefully review Exhibit D-1 to understand all the conditions and obligations associated with the Development Incentive Program. Prospective franchisees should also confirm with Cicis that this program is still active, as Cicis reserves the right to suspend or terminate incentive programs.