Capriotti’s Sandwich Shop FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a retail restaurant which serves various submarine, deli sandwiches and related items in a casual sit-down and/or take-out format under the name “CAPRIOTTI’S SANDWICH SHOP®,” “CAPRIOTTI’S®” and other service marks.
Corporate Information
Capriotti’s Sandwich Shop, Inc. is a Nevada corporation organized on December 13, 2007. Their principal business address is 6056 S. Durango Drive, Las Vegas, Nevada 89113. They conduct business under the names “Capriotti’s Sandwich Shop, Inc.,” “CAPRIOTTI’S SANDWICH SHOP,” “CAPRIOTTI’S,” and/or “CAPRIOTTI’S Restaurant.” They have offered franchises since January 2008.
Investment
The total investment necessary to begin operation of a CAPRIOTTI’S SANDWICH SHOP restaurant ranges from $422,000 to $818,000 for a traditional location and $142,000 to $321,000 for a Virtual Kitchen location. This includes $80,000 for a traditional location and $62,000 for a Virtual Kitchen location that must be paid to the franchisor or affiliate. If you want development rights, you must pay the franchisor a development fee equal to $30,000 (the initial franchise fee for the first Restaurant), plus the $10,000 Development Services Fee for the first Restaurant, plus a deposit of $10,000 of the initial franchise fee (which is $30,000) for each additional Restaurant you commit to develop. The total investment necessary to begin operation if you acquire development rights (with a minimum required commitment of 3 CAPRIOTTI’S SANDWICH SHOP restaurants) is $442,000 to $838,000 for traditional locations and $162,000 to $341,000 for Virtual Kitchen locations. This includes $100,000 and $82,000, respectively, that must be paid to the franchisor or affiliate.