All You Can Eat Pizza, Salad, Folder, and Dessort Sounds Like A Great Restaurant Concept, Right? This is exactly what american buffet-sryle chain cycis pizza has Offered Up Since 1985-That is, Until the Business Became One of the Popular Pizza Chains to Declare Bankruputcy. Now, Four Years Later, The Franchise Chain is Making A Comeback.
What Happened to Cicis Pizza? When the Covid-19 Pandemic Struck in 2020, Buffets and Dine-In Eating in the United States Were Shut Down Essentially Overnight for Health and Safety Concerns. According to Restaurant Dive86% of cycis Revenue depended on dine-in traffic, you can imagine what dine-in closures Did to its profits. In 2019, The Business Brought in $ 177 Million, and In 2020, $ 76 Million. Buffets don’t always offer the hyghest quality foodand these concepts have seen the decline in popularity in recent years. In the Years Before The Pandemic, Sales and Customer Traffic Had Already Been Falling at Cicis.
LOWER SALES, $ 81 Million in Debt, and the Pandemic Shutdown Led to the Chain Decanting Bankruputcy in Januarary 2021. Surprisingly, Just Two Months Later, Cicis Re-Eserged Under New Ownership of D&G Intrchass (Who Had Altedy Purchased The Debt And Converted it to equity), with a new President and Franchise owner to revive the chain.
Read More: 10 Frozen Pizzas You Should Kep Out Of The Cart
What to Expect from Cycis Pizza’s Post-Bankrubrutcy Revival
Cici’s Pizza Storefront – J. Michael Jones/Shutterstock
Cycis pizza was designated for dine-in, and this is what the pandemic hit the franchise chain so hard. Even THOUGH THE COMPANY ATTEMPTED TO SHIFT TO DIGITAL ORGINING AND DELIVERY DURING THE PEAK OF THE PANDEMIC, IT WAS CHALLENGING TO PIVOT FROM THE BUFFET CONCEPT that Was Known and Loved For. That Said, the Chain has focus on Some Digital Upgrades, Like More Robust Call – Ahad and Pick -Up Ordering Systems, as wells as third -party delivery.
And what about the buffets? Good News – They’re Sticking Around and Getting an Upgrade. This area of the restaurant will now feature larger arcade and game sections to draw in more family. To celebrate its 40th anniversary earlier this year, cycis Brought back the iconic all-you-can-eat $ 4.99 buffet price for adults for a limited time. On Mondays and Tuesdays, There’s Also A Weekly $ 5.99 Deal for Endless Pizza, Folder, and Salad Until July 1; Regular Buffet Pricing Changes Per Location, But Expect to Pay Around $ 8.99.
While Cicis Pizza Peaked in the Early 2000s with Over 600 Locations Across the United States, It Now Only Operates 273. One of the Largest Pizza ChainsCurrently Standing As the 16th Largest Based on the Number of Locations and Sales. Tightening Operations with Fewer Locations Allows The Franchise Chain to Come Back Better and Stronger Than Before, Repositining Itself from A Bankruppt Buffet Concept to A Family Food and Entertainment Estblyment.
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