Cicis Pizza Franchise FDD, Profits, Costs & Fees (2024
Cicis Pizza, founded almost 40 years ago, offers an all-you-can-eat buffet of pizza, pasta, salads, and desserts, emphasizing value and variety.
The franchise provides a flexible, affordable buffet experience, often incorporating game rooms as key revenue drivers. Their offerings and support include comprehensive training, national distribution through JMC Restaurant Distribution, and robust marketing strategies.
With its refreshed restaurant design and ongoing menu innovation, Cicis positions itself as an appealing and unique franchise opportunity for growth in the U.S.
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Initial Investment
How much does it cost to start a Cicis Pizza franchise? It costs on average between $242,000 – $1,019,000 to start a Cicis Pizza franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property. Cicis Pizza offers 2 types of franchises:
| Restaurant Type | Initial Investment Range |
|---|---|
| Cicis Buffet Restaurant | $694,965 to $1,019,140 |
| Cicis To Go Restaurant | $242,086 to $438,232 |
We are summarizing below the main costs associated with opening a Cicis Pizza franchised Buffet Restaurant. For more information on costs required to start a Cicis Pizza franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $30,000 |
| Leasehold Improvements | $325,080 – $348,725 |
| Equipment and Supplies for Game Room | $80,000 – $250,000 |
| Impact Fees | $0 – $20,000 |
| Equipment, Furniture and Fixtures | $163,752 – $197,387 |
| Signage and Graphics | $11,464 – $19,600 |
| Insurance | $500 – $2,000 |
| Business Licenses | $1,000 – $4,000 |
| Opening Inventory/Supplies | $28,419 – $34,428 |
| Promotional Expenses | $10,000 – $15,000 |
| Training Costs | $10,750 – $36,000 |
| Deposits and other Pre-Opening Costs | $9,000 – $17,000 |
| Additional Funds (3 months) | $25,000 – $45,000 |
| TOTALS | $694,965 – $1,019,140 |
Average Revenue (AUV)
How much revenue can you make with a Cicis Pizza franchise? A Cicis Pizza franchised restaurant makes on average $674,000 in revenue (AUV) per year.
This compares to $960,000 yearly revenue for similar pizza franchises. Below are 10 Cicis Pizza competitors as a comparison:
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Cicis Pizza Franchise Disclosure Document
Frequently Asked Questions
How many Cicis Pizza locations are there?
As of the latest data, there are 273 Cicis Pizza locations across the United States.
What is the total investment required to open a Cicis Pizza franchise?
The total investment required to open a Cicis Pizza f franchise ranges from $242,000 to $1,019,000.
What are the ongoing fees for a Cicis Pizza f franchise?
For a Cicis Pizza franchise, the royalty fee is typically 5% of gross sales. Additionally, franchisees are required to contribute 3% of their gross sales toward the marketing fund. These rates are standard for the brand and contribute to both operational support and marketing efforts across the franchise network.
What are the financial requirements to become a Cicis Pizza franchisee?
To become a Cicis Pizza franchisee, you need a minimum net worth of $500,000, with at least $250,000 in liquid capital. These financial requirements are set to ensure the franchisee has adequate resources for both the initial investment and ongoing operational costs.
How much can a Cicis Pizza franchise owner expect to earn?
The average gross sales for a Cicis Pizza franchise are approximately $0.67 million per location. Assuming a 15% operating profit margin, $0.67 million yearly revenue can result in $101,000 EBITDA annually.
Who owns Cicis Pizza?
Cicis Pizza is owned by D&G Investors, an affiliate of SSCP Management and Gala Capital Partners. The ownership transitioned to D&G Investors after Cicis emerged from Chapter 11 bankruptcy in 2021, during which the company was restructured and sold to the investment firm, which now oversees more than 200 of Cicis’ restaurant locations and operations.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
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