What was the total number of Cicis Buffet Restaurant transfers in 2024?

According to Cicis's 2025 Franchise Disclosure Document, there were a total of 9 transfers of Cicis Buffet Restaurants in 2024. This figure represents transfers from existing franchisees to new owners, excluding transfers to Cicis itself. The state with the highest number of transfers in 2024 was Texas, with 3 transfers. Virginia had 2 transfers, while Alabama and Georgia each had 1 transfer. Several other states, including Arkansas, Kansas, Louisiana, Missouri, Mississippi, Oklahoma, and Tennessee, reported zero transfers during the same period.

It's important to note that these transfer figures pertain specifically to Cicis Buffet Restaurants and do not include any Cicis To Go Restaurants. The data provides insight into the turnover of franchise ownership within the Cicis system. A high number of transfers could indicate various factors, such as franchisees retiring, selling their businesses for personal reasons, or facing financial difficulties. Conversely, a low number of transfers might suggest stability and satisfaction among franchisees.

Prospective franchisees should consider these transfer trends as part of their due diligence. Understanding the reasons behind franchise transfers can offer valuable insights into the health and stability of the Cicis franchise system. It would be prudent to discuss these figures with Cicis and current franchisees to gain a deeper understanding of the factors driving these transfers and their potential impact on a new franchisee's investment.