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What was the total number of Cicis franchise transfers in 2024?

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's 2025 Franchise Disclosure Document, the total number of franchise transfers in 2024 was 9. This figure is derived from Table No. 2A, which tracks transfers of Cicis Buffet Restaurants, and Table No. 2B, which tracks transfers of Cicis To Go Restaurants.

Specifically, the data shows the number of transfers from franchisees to new owners, excluding transfers back to Cicis itself. The transfers are broken down by state, providing a detailed view of franchise activity across different regions. In 2024, there were transfers in Alabama (1), Florida (2), Georgia (1), Texas (3), and Virginia (2), totaling 9 transfers for Cicis Buffet Restaurants. There were no transfers for Cicis To Go Restaurants in 2024.

This information is valuable for potential franchisees as it provides insight into the resale activity within the Cicis franchise system. A higher number of transfers could indicate a more active market for existing franchises, while a lower number might suggest greater stability among franchisees. It is important to note that transfers do not necessarily indicate the financial health or success of the franchise, but rather a change in ownership.

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.