What was the total amount of franchise royalties Cicis received in 2024?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |||
|---|---|---|---|---|
| Revenue: | ||||
| Marketing fees | $ 17,505,781 | $ 17,219,322 | ||
| Franchise royalties and technology fees | 14,276,030 | 14,105,892 | ||
| Technology and support fees | 260,000 | 93,700 | ||
| Franchise fees | 72,368 | 57,395 | ||
| Incentive income from vendors | 680,337 | 758,680 | ||
| Marketing income from vendors | 9,752,184 | 9,123,662 | ||
| Total revenues | 42,546,700 | 41,358,651 | ||
| Expenses: |
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the total amount of franchise royalties and technology fees received in 2024 was $14,276,030. This figure represents the income Cicis earned from its franchisees based on a percentage of their gross sales, as well as fees related to technology services provided to the franchisees.
For a prospective franchisee, this number indicates the scale of Cicis's franchise operations and the revenue it generates from its existing franchise network. It provides insight into the financial health and stability of the franchisor, as royalty payments are a primary revenue stream for franchise companies. A higher royalty income generally suggests a larger and more successful franchise system.
It's important to note that this figure includes both franchise royalties and technology fees, so it doesn't isolate the exact amount derived solely from royalties. Franchisees should consider this number in conjunction with other financial metrics, such as marketing fees and total revenues, to gain a comprehensive understanding of Cicis's financial performance. Additionally, prospective franchisees should inquire about the specific breakdown of royalties versus technology fees to better understand the cost structure.