Capriotti's Sandwich Shop Inc.

Capriotti's Sandwich Shop Inc.

Capriotti's Sandwich Shop Inc.
#264

Initial Investment

LOW: $363,900
HIGH: $847,700

Change in Units

-1.9% -2 UNITS (1 Year)
+8.7% +9 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1976

Franchising Since

1991 (25 Years)

Corporate Address

6056 S. Durango, #100 Las Vegas, NV 89113

CEO

Ashley Morris

About Capriotti's Sandwich Shop Inc.

In 1976, Lois and Alan Margolet opened a sandwich shop in Wilmington, Delaware, naming it after their grandfather, Philip Capriotti. To differentiate their store from the competition, they roasted whole fresh turkeys overnight to use in their signature sandwich recipes. In 1991, they began offering franchises to family members, and later to others outside their family. In 2008, they sold the company to an investment group led by Ashley Morris, who had been a Las Vegas area Capriotti's franchisee since 2004.

Financials

Financial Requirements

Initial Investment

$363,900 - $847,700

Net-worth Requirement

$900,000

Liquid Cash Requirement

$525,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $40,000

Ongoing Royalty Fee

6-7%

Ad Royalty Fee

3%

Financing Options

Capriotti's Sandwich Shop Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

Highest Rank: 234

Lowest Rank: 488

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 7th, 2015

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