What representation is Cicis relying on from the franchisee regarding the Cicis Development Schedule?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
The Development Schedule is not our representation, express or implied, that the Development Area can support, or that there are or will be sufficient sites for, the number of Restaurants specified in the Development Schedule or for any particular Development Period. We
are relying on your knowledge of the Development Area and your representation that you have conducted your own independent investigation and have determined that you can satisfy the Development Schedule.
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, Cicis relies on the franchisee's knowledge of the development area and their representation that they have independently investigated and determined they can satisfy the Development Schedule. This means Cicis does not represent that the Development Area can support the number of restaurants specified in the Development Schedule.
For a prospective Cicis franchisee, this indicates that Cicis places the responsibility on the franchisee to assess the viability of the Development Area. The franchisee is expected to conduct their own due diligence to ensure there are sufficient locations and market demand to support the number of restaurants they are obligated to open according to the Development Schedule.
This is a critical point for potential franchisees because it shifts the risk assessment to them. Cicis is not guaranteeing the success or feasibility of the development plan. Therefore, a franchisee must thoroughly research the area, considering factors like population density, competition, local economy, and real estate availability, before committing to the Development Schedule.