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Captain D's

2014 Franchise 500
#233
At a Glance

Products & Services: Seafood

Number of Locations: 515

Total Investment: $801K - $1M

Founded: 1969

Began Franchising: 1969

About Captain D's

Captain D's history goes back to 1969, when the first Mr. D's Seafood and Hamburgers opened in Donelson, Tennessee. In 1974, the company name was changed to Captain D's Seafood. Captain D's menu fish, shrimp, chicken, sides, desserts and sweet tea.

Franchise Units

Year U.S. Canadian International Company Owned
2014 236 0 3 276
2013 239 0 3 278
2012 239 0 3 278
2011 242 0 0 278
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $801,000 - $1,028,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 50% of franchise fee deferred 2 years; royalty fee reduced to 2.5% for first year
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $350,000
Operations
Number of employees needed to run franchised unit: 25. Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 weeks. Onsite store opening : 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #233 (2014),

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