What was the total amount of franchise royalties and technology fees Cicis collected in 2023?
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 |
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 collected in 2023 was $14,105,892. This figure represents the combined revenue Cicis received from its franchisees for ongoing royalties and technology-related services during that year. Franchise royalties are typically a percentage of gross sales, while technology fees cover the costs associated with providing and maintaining the technological infrastructure used by the franchise system.
For a prospective Cicis franchisee, this number provides insight into the financial health and revenue streams of the franchisor. It demonstrates the scale of ongoing fees that franchisees contribute to the overall Cicis system. A higher number generally indicates a larger and more established franchise network, but it's essential to consider this figure in relation to the total number of franchise units and the average sales per unit to get a comprehensive understanding.
It's also important for potential franchisees to understand how these royalties and fees are used by Cicis. These funds typically support ongoing operations, marketing efforts, training programs, and the development of new technologies and systems. Understanding the allocation of these funds can help franchisees assess the value they receive in return for their royalty and technology fee payments.
While the FDD specifies the combined amount of franchise royalties and technology fees, it does not break down the individual components. A prospective franchisee may want to ask Cicis for a more detailed breakdown of these figures to understand the relative contribution of each component and how they might impact their own financial obligations and the services they receive.