
Capriotti's Sandwich Shop
Sandwiches- 2023 Franchise 500 Rank
-
#391 Not ranked last year
- Initial investment
-
$417K - $749K
- Units as of 2023
-
166 59.6% over 3 years
Capriotti's Sandwich Shop is a fast-casual restaurant business. It has ranked in Entrepreneur’s Franchise 500 many times over the past decade, making it a high-quality and well-known company. There are now more than 85 franchises throughout the U.S. You can be part of this big sandwich company and open a Capriotti's Sandwich Shop franchise in your city.
Why You May Want to Start a Capriotti's Sandwich Shop Franchise
By opening a Capriotti's Sandwich Shop, you will be offering good food to a community that has come to love the offerings on the Capriotti's menu. Soon, people may be searching for "sandwiches near me," and your Capriotti's Sandwich Shop may be top of their list of places to try.
As a franchisee, you will get support through each step of opening and operations. Capriotti's will give you guidance while selecting your real estate location, during lease negotiations, and during store construction. You will have the training, marketing, and technology you need, as well.
What Might Make a Capriotti's Sandwich Shop Franchise a Good Choice?
To be part of Capriotti's Sandwich Shop team, you should make sure you’re financially ready for an initial investment that will include a franchise fee and other startup costs. Franchisees will also need to meet the company's set net worth and liquid capital requirements. In addition, franchisees should be prepared for royalty fees, advertising fees, and potential renewal fees. Capriotti’s Sandwich Shop locations offer a 10-year term of agreement with the option to renew if both parties agree.
By offering delicious food made with fresh ingredients and served by friendly staff, you may see customers return frequently. The business model is proven with customer feedback and local growth.
How Do You Open a Capriotti's Sandwich Shop Franchise?
There are a few steps on the path to owning a Capriotti's Sandwich Shop. Step one is filling out the information form. If Capriotti's Sandwich Shop likes what they see, you'll have an introductory call, where both parties can get to know each other better. It also serves as an opportunity for the franchisor to determine your level of interest.
If you progress through the process of opening a Capriotti’s Sandwich Shop franchise, the company may send you to a discovery day event, either remotely or in person. You'll get to meet the team, and they will answer your questions. When both parties are ready, you'll sign the agreement and pay the required fees. Afterward, you can finalize your site selection and prepare for opening day.
While construction is taking place, you will undergo training with the corporate office. This three-phase program is conducted online, in classrooms, and at the corporate shops, as well as on-site at your restaurant. The on the job training is rigorous and will prepare you to best serve your customer base. You will get pre-opening training and continued on-site training at your Capriotti's Sandwich Shop. Soon, you will be crafting delicious subs at your own Capriotti's Sandwich Shop franchise.
Company Overview
About Capriotti's Sandwich Shop
Industry | Food |
---|---|
Related Categories | Submarine Sandwiches, Sandwiches |
Founded | 1976 |
Parent Company | Capriotti's Sandwich Shop Inc. |
Leadership | Ashley Morris, CEO |
Corporate Address |
6056 S. Durango, #100 Las Vegas, NV 89113 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 1991 (32 years) |
---|---|
# of employees at HQ | 60 |
Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 166 (as of 2023) |
|
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 |
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Initial Investment
|
$417,100 - $748,500 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$150,000 - $250,000 |
Veteran Incentives
|
15% off franchise fee |
Royalty Fee
|
6%-7% |
Ad Royalty Fee
|
2%-4% |
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 |
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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 | 80 hours |
---|---|
Classroom Training | 40 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
Proprietary Software
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?
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No |
# of employees required to run | 12-15 |
Are exclusive territories available?
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Yes |
Interested in ownership opportunities like Capriotti's Sandwich Shop? Request a free consultation with a Franchise Advisor now.
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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