5/10

Franchimp Summary Rating

6 /10
Lower than 46% of peers
3 /10
Higher than 75% of peers

Franchise Summary

Description
The franchise is for buffet restaurants specializing in pizza and other foods and operating as “Cicis” or for units primarily offering carry-out pizzas operating as “Cicis To Go”. Some Cicis To Go Units may have limited seating for on-premises dining.
Company Background
Cicis is a restaurant franchise specializing in pizza and other foods. Founded in 1984, Cicis has become one of the most popular pizza restaurants in America with over 500 locations across the United States. They offer both full-service and takeout options for customers to choose from - including their signature buffet that features unlimited pizza and soft drinks (or beer) for only $9.99 per person!
Franchise Opportunity
Buying pizza from a restaurant is expensive and the quality of the pizzas you get at restaurants are often questionable. If you're like most people, then you love eating pizza. But if you want to save money and have better control over what goes into your food, then making it yourself is the way to go. However, this can also be time consuming so many people end up ordering pizzas instead because they don't want to spend hours in their kitchen making them by hand. Cicis has come up with an innovative solution that blends both worlds - delivering high-quality pizzas fast while still allowing customers to make their own customizations on their pies! This allows customers who prefer homemade pizza but don't have time or patience for cooking them themselves (or simply not wanting to) order pre-made ones from Cicis without sacrificing flavor or quality!
Corporate Structure
CiCi Enterprises, LP was originally formed as a Texas corporation named CiCi Enterprises, Inc. on December 13, 1984. They were converted from a Texas corporation to a Delaware limited partnership, in a statutory conversion, on September 22, 2003 as a part of a management buyout. Their sole general partner is CiCi GP, LLC, which is a Delaware limited liability company formed on August 25, 2003 . They maintain their principal place of business at 5601 Executive Drive, Suite 400, Irving, TX 75038. They began offering franchises in May 1988. They began offering franchises for Cicis To Go Units as of January, 2006.

Franchisee Attrition

6 /10
This franchise's rate of attrition in 2017 of 3.14% was Slightly Lower than the 6% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Cicis Franchisees

Cicis Franchise System Development in 2020

Historical Cicis System Growth

FAQ

How much investment do I need to start my own Cicis business?
Franchisees typically require at least $694 to $1 investment to get their Cicis business started
What are the initial franchise fees for Cicis?
Franchisees typically need to pay at least $213 in fees directly to Cicis in order to earn the right to launch their business
How much money can I make with a Cicis franchise? What are the average revenues for a typical Cicis business?
We haven’t done the math on how much revenue a typical Cicis brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Cicis to generate a similar amount
How long do I need to commit to running a Cicis unit? What is my contractual commitment?
Cicis franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

3 /10
The Franchisor's investment costs ranges from $694,965 to $1,019,140 which is Much Higher than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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