#289
At a Glance
Products & Services: Submarine sandwiches
Number of Locations: 87
Total Investment: $197K - 427.5K
Founded: 1976
Began Franchising: 1991
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.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2013 | 82 | 0 | 0 | 5 |
| 2012 | 73 | 0 | 0 | 5 |
| 2011 | 65 | 0 | 0 | 4 |
| 2010 | 61 | 0 | 0 | 2 |
| 2009 | 53 | 0 | 0 | 2 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $197,000 - $427,500
Franchise Fee: $40,000
Ongoing Royalty Fee: 6-7%
Term of Franchise Agreement: Term of agreement not renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 6-7%
Term of Franchise Agreement: Term of agreement not renewable
| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
Franchise Ranking History
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