CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S
Capriotti’s Sandwich Shop franchises operate casual retail restaurants serving submarine sandwiches, deli items, and related products in sit-down, take-out, or virtual kitchen formats using a proprietary system that includes specific recipes, decor, uniforms, and operational procedures for consistency and quality. The business model involves granting licenses to use their trademarks and marks to franchisees who must adhere to standards outlined in the operations manual, with options for single-unit or multi-unit development rights. They target the general public seeking affordable, great-tasting fast-casual submarine sandwiches amid competition from other sandwich shops.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7% royalty (6% for 3+ stores) + 2% marketing fund + $25/mo Service Management Group fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 120 franchised restaurants open during all of 2024
* Average Gross Revenue, Median Gross Revenue, Revenue Top Quartile, and Revenue Bottom Quartile are directly extracted from the '2024 Results for All Franchised Restaurants Open During all of 2024' column on Page 3. The average EBITDA, EBITDA margin percentage, and best guess profit range for franchised units are estimated by applying the EBITDA margin derived from the 'Average of 10 Affiliate-Owned Restaurants' data (Page 6, using the 7% Royalty Fee rate as applicable to a single franchisee) to the franchised average gross revenue. The affiliate-owned average sales used for this calculation were $1,011,285 and the corresponding EBITDA was $143,864, resulting in an EBITDA margin of approximately 14.23%. This margin was then applied to the franchised average gross revenue of $835,358 to estimate the franchised average EBITDA. As no range for expenses or profit was explicitly provided for franchised units, the estimated EBITDA is used for both the low and high profit guesses.
Extracted Item 19 Section
How CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S Compares to Other Fast Food Franchises
Key Insights
- Higher than average SBA loan default rate in Fast Food
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S Current | $595K - $935K | $40K | 7.0% | 138 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| MCDONALD'S | $1.5M - $2.6M | $45K | N/A | 12,772 |
| AFC | $45K - $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K - $728K | $35K | 6.0% | 2,647 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 Fast Food franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+16 more states
SBA Loan History
Historical SBA 7(a) loan data for CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchisees (2011 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise?
The total initial investment to open a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise ranges from $594,700 to $935,000. This includes a franchise fee of $40,000. Ongoing royalty fees are 7.0% of gross sales.
How much revenue does a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise make?
According to the 2025 FDD, the average gross revenue for a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise is $835,358. The median revenue is $803,670.
How much profit can you make with a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise?
Based on the financial performance data in the FDD, estimated profit for a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise ranges from $118,836.87 to $118,836.87 per year. Actual results vary based on location, management, and market conditions.
How many CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise locations are there?
As of the 2025 FDD, CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S has 138 franchise locations. The company has been franchising since 2008.
Can you get an SBA loan for a CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchise?
Yes, SBA loans are available for CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchises. Historical data shows 62 SBA 7(a) loans have been approved for CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S franchisees, with an average loan amount of $420,376. The historical default rate is 0.0%.
Is CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S a good franchise to buy?
CAPRIOTTI'S SANDWICH SHOP & CAPRIOTTI'S shows several positive indicators: established brand with 138+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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