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SUBJECT DOSSIER · FDD 2025

Capriotti's Sandwich Shop Franchise

Cost, fees, owner earnings, closure rate and litigation for a Capriotti's Sandwich Shop franchise — pulled from the franchisor's own public FDD (2025), not its sales material.

Sandwich & Sub Shops · disclosure-honesty grade · from public state filings

Disclosure honesty

B
Transparency 4 / 5

Capriotti's Sandwich Shop discloses earnings (Item 19) — but the grade is how honestly. We graded it B.

Outlets153
Disclosed lawsuits0
Closure signals16 ceased
Investment
$594,700–$935,000
Total fees
8.5% of sales
Outlets
153
Closure signals
16 ceased, 0 terminated
Lawsuits
0
◢ FINDINGS
ITEM 20
16 outlets ceased operations
16 traditional franchises ceased operations in 2024; 5 net closures 2022-2024.

What their own earnings claim actually says

2024 sales data for 120 franchised traditional restaurants open full year. Average unit volume $835,358; median $803,670. Top 25% averaged $1,270,078; bottom 25% averaged $526,335. Excludes new openings, closed units, non-traditional venues.

What a Capriotti's Sandwich Shop franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$40,000Item 5 — paid up front, before you open
Royalty6.5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund2% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees8.5% of gross salesBefore rent, labor, food or debt service
Total initial investment$594,700 – $935,000Item 7 — franchisor's own low/high estimate

Royalty 6-7% gross sales; marketing fund 2% (up to 4%); cooperative 2% max; tech fee 0.65% (not yet charged)

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Capriotti's Sandwich Shop system size and owner turnover

Total outlets153
Ceased operations16
Terminated by franchisor0
Transferred to new owners2
Closure rate10.5% of outlets

16 traditional franchises ceased operations in 2024; 5 net closures 2022-2024.

From Item 20 of the FDD 2025. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Capriotti's Sandwich Shop worth it? — how it compares to 22 similar franchises

Ongoing fees8.5% of saleslower than most (median 8.5%)
Startup costfrom $594,700about average (median $436,176)
Disclosure honestyGrade Bmore honest than 70% of sandwich & sub shops franchises
Closure rate10.5% of outletsworse than 83% of peers
Disclosed lawsuits0fewer than most

Benchmarked against every sandwich & sub shops franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Capriotti's Sandwich Shop

The franchisor's framing: 2024 sales data for 120 franchised traditional restaurants open full year. Average unit vo… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Capriotti's Sandwich Shop franchise — frequently asked

How much does a Capriotti's Sandwich Shop franchise cost?
The FDD lists a total initial investment of about $594,700–$935,000, including a $40,000 initial franchise fee.
How much do Capriotti's Sandwich Shop franchise owners make?
2024 sales data for 120 franchised traditional restaurants open full year. Average unit volume $835,358; median $803,670. Top 25% averaged $1,270,078; bottom 25% averaged $526,335. Excludes new openings, closed units, non-traditional venues. We grade this disclosure B for honesty.
What are the Capriotti's Sandwich Shop franchise fees?
Capriotti's Sandwich Shop's FDD discloses a $40,000 initial franchise fee, a 6.5% royalty on gross sales, a 2% advertising-fund contribution, for roughly 8.5% of gross sales in recurring fees before rent, labor, or debt service. Royalty 6-7% gross sales; marketing fund 2% (up to 4%); cooperative 2% max; tech fee 0.65% (not yet charged)
What is the Capriotti's Sandwich Shop franchise profit margin?
Capriotti's Sandwich Shop does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 2024 sales data for 120 franchised traditional restaurants open full year. Average unit volume $835,358; median $803,670. Top 25% averaged $1,270,078; bottom 25% averaged $526,335. Excludes new openings, closed units, non-traditional venues. Recurring fees alone take about 8.5% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Capriotti's Sandwich Shop franchise failure rate?
16 traditional franchises ceased operations in 2024; 5 net closures 2022-2024.
How many Capriotti's Sandwich Shop locations are there?
Capriotti's Sandwich Shop's FDD reports 153 total outlets, with 16 that ceased operations in the most recent reporting year and 2 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Capriotti's Sandwich Shop have complaints or lawsuits?
Capriotti's Sandwich Shop discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Capriotti's Sandwich Shop franchise worth it?
It depends on the numbers, not the pitch. Capriotti's Sandwich Shop scores B on disclosure honesty, carries about 8.5% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: MN CARDS 34668-202508-02 (Clean FDD 2025). FranchiseValidate is independent and not affiliated with Capriotti's Sandwich Shop or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.