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SUBJECT DOSSIER · FDD 2024

Capriotti's Sandwich Shop and Capriotti's Franchise

Cost, fees, owner earnings, closure rate and litigation for a Capriotti's Sandwich Shop and Capriotti's franchise — pulled from the franchisor's own public FDD (2024), not its sales material.

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

Disclosure honesty

B
Transparency 4 / 5

Capriotti's Sandwich Shop and Capriotti's 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 ceased operations in 2024; 5 franchised closures in prior years indicates moderate churn.

What their own earnings claim actually says

2024 gross sales data for 120 franchised & 13 affiliate-owned traditional restaurants. Average unit volume $835,358 (franchised); excludes 39 restaurants (new, closed, non-traditional, limited hours).

What a Capriotti's Sandwich Shop and Capriotti's 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% (multi-unit 6%); marketing fund 2% (up to 4%); cooperative 2%; tech 0.65% pending; SMG $25/month.

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 and Capriotti's system size and owner turnover

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

16 ceased operations in 2024; 5 franchised closures in prior years indicates moderate churn.

From Item 20 of the FDD 2024. 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 and Capriotti's 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 and Capriotti's

The franchisor's framing: 2024 gross sales data for 120 franchised & 13 affiliate-owned traditional restaurants. Ave… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Capriotti's Sandwich Shop and Capriotti's franchise — frequently asked

How much does a Capriotti's Sandwich Shop and Capriotti's 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 and Capriotti's franchise owners make?
2024 gross sales data for 120 franchised & 13 affiliate-owned traditional restaurants. Average unit volume $835,358 (franchised); excludes 39 restaurants (new, closed, non-traditional, limited hours). We grade this disclosure B for honesty.
What are the Capriotti's Sandwich Shop and Capriotti's franchise fees?
Capriotti's Sandwich Shop and Capriotti'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% (multi-unit 6%); marketing fund 2% (up to 4%); cooperative 2%; tech 0.65% pending; SMG $25/month.
What is the Capriotti's Sandwich Shop and Capriotti's franchise profit margin?
Capriotti's Sandwich Shop and Capriotti's does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: 2024 gross sales data for 120 franchised & 13 affiliate-owned traditional restaurants. Average unit volume $835,358 (franchised); excludes 39 restaurants (new, closed, non-traditional, limited hours). 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 and Capriotti's franchise failure rate?
16 ceased operations in 2024; 5 franchised closures in prior years indicates moderate churn.
How many Capriotti's Sandwich Shop and Capriotti's locations are there?
Capriotti's Sandwich Shop and Capriotti'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 and Capriotti's have complaints or lawsuits?
Capriotti's Sandwich Shop and Capriotti's 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 and Capriotti's franchise worth it?
It depends on the numbers, not the pitch. Capriotti's Sandwich Shop and Capriotti's 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: WI DFI Franchise Registration (2024). FranchiseValidate is independent and not affiliated with Capriotti's Sandwich Shop and Capriotti's or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.