How is 'Restaurant EBITDA After' calculated for Cicis restaurants?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
"Restaurant EBITDA Before" means Net Company Sales minus COGS, Payroll Costs, Controllable Expenses, Advertising National, and Non-Controllable Expenses before deductions for the Royalty and the Technology and Support Fees actually paid by the restaurant.
"Royalty Expenses" means the aggregate amount of royalty paid by the franchisee.
"Technology and Support Fee" means the aggregate amount of technology fees actually paid to us by the franchisee.
"Restaurant EBITDA After" means Restaurant EBITDA Before after deductions for the Royalty and the Technology and Support Fees actually paid by the restaurant.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 53–58)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, 'Restaurant EBITDA After' is calculated by taking 'Restaurant EBITDA Before' and then deducting the Royalty and Technology and Support Fees actually paid by the restaurant.
'Restaurant EBITDA Before' is defined as Net Company Sales minus COGS (Cost of Goods Sold), Payroll Costs, Controllable Expenses, Advertising National contributions, and Non-Controllable Expenses. Net Company Sales is the sum of Fee Based Net Sales and Game Room Sales. This provides a baseline earnings figure before accounting for royalty and technology fees.
The deduction of Royalty and Technology and Support Fees represents the direct costs paid to Cicis as part of the franchise agreement. This subtraction results in the 'Restaurant EBITDA After', which represents the restaurant's earnings before interest, taxes, depreciation, and amortization, after accounting for the standard franchise fees. This metric gives a clearer picture of the restaurant's profitability under the franchise model, specifically after the franchisee has paid their dues to Cicis.