What was the total revenue recognized over time for Cicis in 2023?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
the associated gift cards. In addition, the Company incurs various expenses in operating the gift card program, including fees on gift cards that are sold through third-party retailers. These fees are recognized as incurred.
Total revenue recognized at a
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 revenue recognized over time in 2023 was $57,395. This figure represents revenue that Cicis recognizes gradually as services are performed or obligations are fulfilled over a period.
For a prospective franchisee, understanding the breakdown between revenue recognized at a point in time versus over time can offer insights into the nature of Cicis's revenue streams. Revenue recognized at a point in time typically includes sales from the buffet, while revenue recognized over time may include franchise fees or other service-based income.
It's important to note that this figure is part of the overall revenue picture for Cicis, which also includes revenue recognized at a point in time. Reviewing these figures over several years, as presented in the table, can help potential franchisees identify trends and assess the stability of Cicis's revenue streams.