Capriotti's Sandwich Shop

Capriotti's Sandwich Shop

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2021 Franchise 500 Rank
N/R Ranked #329 last year
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Initial investment
$380K - $660K
Units as of 2020
104 3.0% over 3 years

Company Overview

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.

About Capriotti's Sandwich Shop

Industry
Food
Related Categories
Submarine Sandwiches, Sandwiches
Founded
1976
Leadership
Ashley Morris, CEO

Franchising Overview

Franchising Since
1991 (30 years)
# of employees at HQ
47
# of Units
104 (as of 2020)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Capriotti's Sandwich Shop franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000 - $40,000
Initial Investment
$380,000 - $660,413
Net Worth Requirement
$300,000 - $1,000,000
Cash Requirement
$150,000 - $300,000
Veteran Incentives
15% off franchise fee
Royalty Fee
6-7%
Ad Royalty Fee
3%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
200 hours
Classroom Training
43 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Capriotti's Sandwich Shop landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021