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FranchiseVerdict

Milkshake Factory vs Cicis Pizza

Franchise Comparison 2026

Both Milkshake Factory and Cicis Pizza are full-service restaurants franchises. Milkshake Factory requires an investment of $510K – $773K while Cicis Pizza requires $242K – $1.0M. In terms of revenue, Cicis Pizza reports higher average unit revenue at $1.4M. Cicis Pizza has SBA lending data on file with a 24.1% charge-off rate. FranchiseVerdict rates Milkshake Factory A (Top Quintile) and Cicis Pizza F (Bottom Quintile).

Investment Range
$510K – $773K
$242K – $1.0M
Franchise Fee
$60K
$30K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
$716K
$1.4M
SBA Charge-Off Rate
Limited data
24.1% (438 loans)
Total Units
14
270
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
2021
FDD Year
2025
2025