Franopolis

    Capriotti’s Sandwich Shop, Inc.

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources
    Franchising since
    1991
    Source: franchise.org
    Headquarters
    Las Vegas, NV United States
    Source: franchise.org

    Capriotti's Sandwich Shop franchise specializes in made-to-order submarine sandwiches, salads, and soups, with locations primarily across the United States know

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    Headline figures

    Capriotti’s Sandwich Shop, Inc. quick facts

    Is Capriotti’s Sandwich Shop, Inc. a franchise?
    Yes. Capriotti’s Sandwich Shop, Inc. offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 139 franchised and 16 company-owned outlets (2026 FDD, Item 20, PDF p. 64).
    How much does it cost to open a Capriotti’s Sandwich Shop, Inc. franchise?
    The Capriotti’s Sandwich Shop, Inc. Franchise Disclosure Document reports separate estimated initial investments by format: $594,700–$935,000 for total (excluding real estate purchase and lease costs): $594,700 - $935,000 (2026 FDD, Item 7, PDF p. 20); $145,000–$324,000 for virtual kitchen total excluding real estate purchase/lease (2026 FDD, Item 7, PDF p. 24). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Capriotti’s Sandwich Shop, Inc. initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $40,000 (2026 FDD, Item 5, PDF p. 12). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Capriotti’s Sandwich Shop, Inc. charge?
    The disclosed ongoing royalty is 6% (2026 FDD, Item 6, PDF p. 13). The brand or advertising fund contribution is 2% (2026 FDD, Item 6, PDF p. 14). Other recurring fees are listed in Item 6. Details
    Does Capriotti’s Sandwich Shop, Inc. disclose financial performance (Item 19)?
    Yes. The Capriotti’s Sandwich Shop, Inc. FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 59). Figures apply only to the locations and period each one covers. Details
    How many Capriotti’s Sandwich Shop, Inc. locations are there?
    The FDD reports 155 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 64). Existing locations do not indicate territory availability. Details
    Is Capriotti’s Sandwich Shop, Inc. a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $594,700 – $935,000 (Total (excluding real estate purchase and lease costs): $594,700 - $935,000); $145,000 – $324,000 (Virtual Kitchen total excluding real estate purchase/lease); several initial fee options apply.
    2. 2Item 19 reports other measures for 119 Franchised locations.
    3. 3Outlets grew by 1 in 2025, to 155 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Franchises under $150kOther brands whose disclosed Item 7 low end fits this budget.Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Capriotti’s Sandwich Shop, Inc. head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Capriotti’s Sandwich Shop, Inc.VSLittle Caesars
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    Capriotti’s Sandwich Shop, Inc.VSWingstop
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    Capriotti’s Sandwich Shop, Inc.VSSubway
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    Capriotti’s Sandwich Shop, Inc.VSFive Guys
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    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Virtual Kitchen total excluding real estate purchase/leasePDF p. 24$145,000 – $324,000
    • Total (excluding real estate purchase and lease costs): $594,700 - $935,000PDF p. 20$594,700 – $935,000

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 12
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty Fee: 6% to 7% of monthly Gross SalesMain ongoing fee

    50 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    38 separate populations, shown apart. Revenue is not owner income.

    119 locations

    Other measures · 119 locations

    Who is counted
    Table 1 All Franchised Restaurants Open During All of 2025*
    Period
    Mean annual gross sales
    Excluded
    Exclude opened/closed during 2025, nontraditional locations, affiliate operating partner, and limited hours. Table sales not profit; expenses excluded.
    Method
    Unaudited franchise sales reports or affiliate records. Gross sales excludes specified taxes/equipment sales/preapproved/employee discounts, but not third-party delivery fees. Mature-market footnotes state 56 franchised/11 affiliate versus core tables 57/12; retained as stated.

    These groups are never combined. Adjusted company-owned operating results cannot be divided by franchised revenue to calculate a franchisee profit margin.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of December 31, 2025 of each year.

    2026 FDD · Item 20 · PDF p. 64

    Net +2 outlets, 2023–2025

    0153202315420241552025+1+1

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($145,000 – $935,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 154 to 155 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 12
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Table 1 All Franchised Restaurants Open During All of 2025* · PDF p. 59
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Table 1 Open in Mature Markets** · PDF p. 59
    4. [4]Item 19 — Locations counted not stated in the reviewed record — Table 1 Open Less Than 18 Months · PDF p. 59
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Table 1 Open More Than 1 Year but Less Than 3 Years · PDF p. 59
    6. [6]Item 19 — Locations counted not stated in the reviewed record — Table 1 Open More Than 10 Years · PDF p. 59
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Table 1 Open More Than 20 Years · PDF p. 59
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Table 2 All Franchised Restaurants · PDF p. 60
    9. [9]Item 19 — Locations counted not stated in the reviewed record — Table 2 Open in Mature Markets · PDF p. 60
    10. [10]Item 19 — Locations counted not stated in the reviewed record — Table 2 Open More Than 1 Year but Less Than 3 Years · PDF p. 60
    11. [11]Item 19 — Locations counted not stated in the reviewed record — Table 2 Open More Than 10 Years · PDF p. 60
    12. [12]Item 19 — Locations counted not stated in the reviewed record — Table 2 Open More Than 20 Years · PDF p. 60
    13. [13]Item 19 — Locations counted not stated in the reviewed record — Table 3 All Franchised Restaurants · PDF p. 60
    14. [14]Item 19 — Locations counted not stated in the reviewed record — Table 3 Open in Mature Markets · PDF p. 60
    15. [15]Item 19 — Locations counted not stated in the reviewed record — Bottom-quartile franchised restaurants (bottom 25% by net sales), open more tha… · PDF p. 60
    16. [16]Item 19 — Locations counted not stated in the reviewed record — Bottom-quartile franchised restaurants (bottom 25% by net sales), open more tha… · PDF p. 60
    17. [17]Item 19 — Locations counted not stated in the reviewed record — Table 3 Open More Than 10 Years · PDF p. 60
    18. [18]Item 19 — Locations counted not stated in the reviewed record — Table 3 Open More Than 20 Years · PDF p. 60
    19. [19]Item 19 — Locations counted not stated in the reviewed record — Table 4 All Affiliate-Owned Restaurants Open During All of 2025 · PDF p. 61
    20. [20]Item 19 — Locations counted not stated in the reviewed record — Table 4 Open in Mature Markets* · PDF p. 61
    21. [21]Item 19 — Locations counted not stated in the reviewed record — Table 4 Open More Than 10 Years · PDF p. 61
    22. [22]Item 19 — Locations counted not stated in the reviewed record — Table 4 Open More Than 20 Years · PDF p. 61
    23. [23]Item 19 — Locations counted not stated in the reviewed record — NV054 Sparks Stanford · PDF p. 62
    24. [24]Item 19 — Locations counted not stated in the reviewed record — NV067 Reno Meadows · PDF p. 62
    25. [25]Item 19 — Locations counted not stated in the reviewed record — NV103 Henderson Boulder Hwy · PDF p. 62
    26. [26]Item 19 — Locations counted not stated in the reviewed record — NV126 NLV Aliante · PDF p. 62
    27. [27]Item 19 — Locations counted not stated in the reviewed record — NV191 Carson City William · PDF p. 62
    28. [28]Item 19 — Locations counted not stated in the reviewed record — 11 full-year affiliate-operated traditional restaurants · PDF p. 62
    29. [29]Item 19 — Locations counted not stated in the reviewed record — NV079 Reno Sierra · PDF p. 62
    30. [30]Item 19 — Locations counted not stated in the reviewed record — NV111 NLV Craig and Mitchell · PDF p. 62
    31. [31]Item 19 — Locations counted not stated in the reviewed record · PDF p. 63
    32. [32]Item 19 — Locations counted not stated in the reviewed record — Illustration based on 11 affiliate restaurants · PDF p. 63
    33. [33]Item 19 — Locations counted not stated in the reviewed record — NV151 LV Huntridge · PDF p. 62
    34. [34]Item 19 — Locations counted not stated in the reviewed record — NV152 Reno Plumb Virginia · PDF p. 62
    35. [35]Item 19 — Locations counted not stated in the reviewed record — NV051 Henderson Horizon · PDF p. 62
    36. [36]Item 19 — Locations counted not stated in the reviewed record — PA006 Kennett Square · PDF p. 62
    37. [37]Item 19 — Locations counted not stated in the reviewed record — Mature-market footnote · PDF p. 60
    38. [38]Item 19 — Locations counted not stated in the reviewed record — Mature-market footnote · PDF p. 61
    39. [39]Item 19 — Locations counted not stated in the reviewed record — Bottom-quartile franchised restaurants (bottom 25% by net sales), open in matur… · PDF p. 60
    40. [40]Outlet counts — Item 20, Table 1 · PDF p. 64

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.

    Territory & operations

    233 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2026royalties receivable, net$1,383,944
    2026trade and other receivables, net$549,081
    2026inventory$162,189
    2026total current assets$3,567,661
    2026property and equipment, net$1,138,693
    2026trademarks and franchise contracts, net$4,276,684
    2026goodwill, net$1,479,106
    2026operating lease right-of-use asset, net$4,711,957
    2026loans and other finance receivables$243,017
    2026total other assets$11,956,816
    2026total assets$15,524,477
    2026accrued expenses and other current liabilities$4,465,298

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Little CaesarsWingstopSubwayFive GuysSonic Drive-InJimmy John's

    Head-to-head comparisons

    Capriotti’s Sandwich Shop, Inc. vs Little CaesarsCapriotti’s Sandwich Shop, Inc. vs WingstopCapriotti’s Sandwich Shop, Inc. vs SubwayCapriotti’s Sandwich Shop, Inc. vs Five GuysCapriotti’s Sandwich Shop, Inc. vs Sonic Drive-InCapriotti’s Sandwich Shop, Inc. vs Jimmy John's
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2023 — Start

      “2023 126 143 +17”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2024 — End

      “2024 143 139 - 4”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2024 — Start

      “2024 143 139 - 4”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2025 — Start

      “2025 139 139 0”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2025 — End

      “2025 139 139 0”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2023 — End

      “2023 10 10 0”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2024 — Start

      “2024 10 15 +5”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Systemwide 2023 — Start

      “2023 136 153 +17”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2024 — End

      “2024 10 15 +5”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2025 — Start

      “2025 15 16 +1”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2025 — End

      “2025 15 16 +1”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Franchised 2023 — End

      “2023 126 143 +17”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    • Item 20 · PDF p. 64 · 2026 FDD

      Our summary: Table 1 Company-owned 2023 — Start

      “2023 10 10 0”

      Note: State-specific Item 20 row is outside the required national/systemwide Total scope.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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