Are you willing to invest in a pizza background business? If yes, then your choice is right because the pizza restaurant niche is one of the highest demandable niches in the market.
In this article, we are going to discuss one of the top pizza restaurant franchises that is Cici’s.
We will guide you on how to become a part of CiCi’s pizza franchise and other facts related to its profitability, cost of investment, expenses, and so on. So, let’s begin!
About Cici’s
In 1985, Cici’s Pizza was founded in Plano, TX, by Joe Croce and Mike Cole. They started a restaurant that serves hot, fresh pizza in the ultimate pizza buffet format.
After a few years of establishment, it started offering franchises, and hence it has more than 450 location stores in the USA.
Cici’s Pizza is one of the top 25 highest performing brands in the nation and ranked as the #1 “Casual Dining Pizza Chain for your money) in the USA. Cici’s is a remunerative franchise opportunity for entrepreneurs.
The requirement list of Cici’s is not long as others, it simply requires you to have the investment, and the candidate must have 30% of equity to invest and a credit score of at least 720.
Cici’s also provides some benefits to franchisees, like the training program and marketing and financing support.
The finance support includes third-party finance, not any direct finance option. Moreover, 10% off on the franchise fee as a veteran discount for eligible candidates.
Cici’s pizza Franchise Model
Initial Investment | $94,480 – $144,425 |
Franchise-Fee | $30,000 |
Liquidity | $250,000-$500,00 |
Royalty-Fee | N/A |
Area Requirement | 3000 to 4000+ square feet |
Total Outlet | 450 |
Cici’s Pizza Franchise Revenue & Profit
In 2021, Cici’s Pizza made $286,000,000 in 2021 from 299 locations. Based on this, the AUV of single Cici’s outlet comes down to $956,521.
And with an estimated profit margin of 10%-20%, Cici’s Pizza franchise owners make anywhere between $95,652 to $191,304 in annual profits.
Please note that the revenue and profit of individual Cici’s Pizza franchises can vary based on their size, location, operating expenses, etc., and this is just an average figure.
Training & Support Of Cici’s pizza Franchise
Cici’s provides a comprehensive training program to all new franchises. The training program is held at Cici’s support center in Dallas, Texas, or the franchisor’s designated location.
The duration of the training program is around 5 weeks for an experienced candidate, which includes classroom training and in-store training.
Moreover, an additional training program is also available. They also provide different kinds of support to all franchisees to enhance business growth.
Term & Renewal Of Agreement
The initial term of agreement of Cici’s Pizza Franchise is 10 years. After completing an initial term, the renewal option is available, but they have not disclosed how many times franchisees can renew the term.
However, to renew the term, there are some requirements that franchisees have to fulfill. And renewal will only be possible if a franchise is good in standing and managing the business well.
Advantage Of Cici’s Pizza Franchise
- Customized pizza
- Game room available
- Provide training & support
- Affordable menu
- Expanded menu
- Most demanding niche
It is one of the 10 Best Pizza franchises of 2023 that you must own.
Cici’s Comparison
Company | Cici’s | Jet’s Pizza |
---|---|---|
Founded In | 1985 | 1978 |
Initial Investment | $94,480 – $144,425 | $437,500-$631,000 |
Franchise-Fee | $30,000 | $25,000 |
Total Outlet | 450 | 383 |
Annual Revenue | $76.3 Million | $331 Million |
Frequently Asked Question
How many Cici’s franchises are there?
Cici’s has more than 450 units across the U.S.
How much does it cost to own Cici’s Pizza Franchise?
An initial investment required to open a Cici’s Franchise is $686,365 to $1,08,414.
Does Cici’s pizza franchise offer finance?
Yes, Cici’s franchisees offer third-party finance.
Where is Cici’s Services headquarters?
Coppell, Texas
Is Cici's a franchise?
Yes, Cici’s is a franchise organization that offers the chance to entrepreneurs to start their own businesses in the food industry.
How much does the Cici's Franchise Cost?
The initial investment required to open Cici’s franchise is $94,480 – $144,425, with a franchise fee of $30,000.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.