table_specific

Were there any Cicis franchise transfers in Mississippi during 2023?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number of Transfers
Alabama 2022 0
2023 0
2024 1
Arkansas 2022 1
2023 0
2024 0
Florida 2022 0
2023 3
2024 2
Georgia 2022 2
2023 2
2024 1
Kansas 2022 1
2023 0
2024 0
Louisiana 2022 2
2023 0
2024 0
Missouri 2022 1
2023 0
2024 0
Mississippi 2022 1
2023 0
2024 0
Oklahoma 2022 1
2023 1
2024 0
Tennessee 2022 1
2023 0
2024 0
Texas 2022 19
2023 15
2024 3
Virginia 2022 0
2023 0
2024 2
TOTAL 2022 29
2023 21
2024 9

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)

What This Means (2025 FDD)

According to Cicis' 2025 Franchise Disclosure Document, there were no franchise transfers in Mississippi during 2023. The provided table in Item 20 outlines the number of franchise transfers across various states for the years 2022, 2023, and 2024.

Specifically, the table indicates that in Mississippi, there was one franchise transfer in 2022, zero in 2023, and zero in 2024. This data pertains to transfers of Cicis Buffet Restaurants from franchisees to new owners, excluding transfers back to the franchisor.

Prospective franchisees can use this information to understand the rate of franchise transfers within specific states. A high number of transfers could indicate instability or challenges within the franchise system in that area, while a low number, as seen in Mississippi for 2023 and 2024, might suggest more stability.

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.