Beloved pizza chain Cicis filed for Chapter 11 bankruptcy in January, but the company seems to be on the mend, which means you'll still get to enjoy its bottomless pizza offerings. Less than two months after the filing, the buffet chain has emerged from the bankruptcy restructured and under new ownership.21 Mar 2021
What happened to Cicis?
Cicis declared bankruptcy Monday as the COVID pandemic and economic downturn “severely strained” finances. The 318-unit pizza chain agreed to sell itself to D&G Investors as part of a pre-packaged and expedited bankruptcy process. The move came after D&G acquired $81.6 million in debt from Cicis previous lenders.26 Jan 2021
How many Cicis are left?
296 Cicis LocationsUnited States.
Why is Cicis so cheap?
Cici's keeps their prices low by serving low quality packaged food. The food is only heated at the restaurant. It is prepared elsewhere in a food manufacturing plant, not a kitchen. Since the food is only heated at the restaurant, they don't need any skilled labor.
How much does it cost to go to Cicis?
Why is CiCi's so cheap?
Cicis Pizza is so cheap for a few reasons — but first and foremost, though, is that its ingredients just aren't as good as what you'll find at other restaurants. The cheese is not all-natural and has added flavors, colors, and preservatives among other added ingredients, according to Food Babe.25 Feb 2020