Capriotti's franchise
Capriotti's: $417,100–$748,500 total investment, $40,000 franchise fee, 9.5% total ongoing fee. Read out of the filings.
Compiled from public filings and operator sites Reviewed 2026-08-15
9.5%
Total ongoing fee
$417,100–$748,500
Total investment
145
Units, 2024
1976
Founded
1991
Franchising since
NV
Las Vegas
—
Typical size, sq ft
Yes
Item 19
No protected territory, and a technology fee of 0.65% of gross sales on top of the royalty and the funds.
Fees
| Initial franchise fee | $40,000 |
|---|---|
| Royalty | 6–7% |
| Brand fund | 2%, rising to as much as 4% |
| Local advertising | 1.5% |
| Total ongoing | 9.5% of gross sales |
| Grand opening | $30,000 |
| Transfer fee | The greater of $10,000 or 5%, capped at $20,000 |
| Renewal fee | $10,000 |
Opening one
| Total investment | $417,100–$748,500 |
|---|---|
| Training | 55 hours classroom, 270 on the job |
| Territory | No protected area |
| Initial term | 10 years |
| Renewal | One ten-year option |
The system
| Format | Submarine sandwiches |
|---|---|
| Headquarters | Las Vegas, NV |
| Founded | 1976 |
| Franchising since | 1991 |
| Units | 145, of which 135 franchised and 10 company-owned |
| Item 19 | Yes. A financial performance representation is made. |
Figures from May 2024 comparative study of published FDDs · dataset year 2024.
An older sandwich benchmark
Capriotti’s is a submarine-sandwich system headquartered in Las Vegas. Its official company history traces the first Wilmington, Delaware shop to 1976; the dataset records franchising from 1991. The May 2024 comparative study reports 145 outlets: 135 franchised and ten company-owned. That makes it the second-largest system in this set, but scale is context rather than a quality score.
The menu model is also a useful adjacent comparison. Capriotti’s consumer site centers made-to-order subs and catering, a different production line from vertical-spit döner but one that can compete for a similar lunch occasion and retail site.
The stack does not capture every charge
The filing discloses a 6–7% royalty. The directory uses the low end for its ranking and prints the full band here. It adds a 2% brand fund and 1.5% local advertising to produce the comparable fee stack. The brand fund may rise to 4%.
A separate technology fee of 0.65% of gross sales sits outside the three components used in that ranking. It is not hidden or converted into the stack: the metric is royalty plus advertising requirements, not every recurring payment. A buyer comparing the real cash burden must add technology and any other applicable Item 6 charges separately.
Item 7 is $417,100 to $748,500. The study records an Item 19, 55 classroom training hours and 270 on the job. The agreement offers no protected territory; the initial term is ten years with one ten-year option. Capriotti’s therefore provides a mature-system benchmark, while the rate band, escalatable fund and unprotected territory still require current-document review rather than reliance on brand age.