What is the estimated range for Professional Services fees for a Capriottis Sandwich Shop?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount1 | Method of Payment | When Due | Column5 To Whom Payment is Made |
|---|---|---|---|---|
| Franchise Fee2 | $40,000 | Lump Sum | When you sign Agreement | Us |
| Development | $10,000 | Lump Sum | When you sign | Us |
| Services Fee3 | Agreement | |||
| Architectural/ | $15,000 - $35,000 | Vendor’s Terms | As Incurred | Architect/ |
| Engineering Fees and | Engineer and/or | |||
| Project Management4 | Vendor | |||
| Professional Services5 | $2,000 - $10,000 | As Incurred | As Incurred | Your attorney, accountant, and other professionals |
| Permits and | $3,000 - $40,000 | As Incurred | As Incurred | Local |
| Licensing6 | Municipalities | |||
| Rent7 | $3,500 - $8,000 | Lump Sum | As Incurred | Landlord |
| Security Deposits8 | $5,000 - $20,000 | Lump Sum | Per Lease/Utility Company Requirements | Landlord / Utilities |
| Leasehold | $250,000 - $350,000 | Negotiable | Contract Terms | General |
| Improvements9 | Contractor | |||
| Furniture, Fixtures, | $150,000 - $210,000 | Vendor’s Terms | Before opening | Approved |
| Equipment, and | Independent | |||
| Smallwares10 | Suppliers | |||
| Interior Décor | $4,000 - $13,000 | Vendor’s Terms | Before opening | Vendor |
| Exterior Signage | $8,000 - $25,000 | Vendor’s Terms | Before opening | Approved Sign- Maker |
| Column 1 Type of Expenditure | Column 2 Amount1 | Column 3 Method of Payment | Column 4 When Due | Column5 To Whom Payment is Made |
| Menu Boards | $1,000 - $3,000 | Vendor’s Terms | Before opening | Vendor |
| POS System11 | $6,200 - $20,000 | Vendor’s Terms | Before opening | Vendor |
| Training12 | $15,000 - $20,000 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–26)
What This Means (2025 FDD)
According to Capriottis Sandwich Shop's 2025 Franchise Disclosure Document, the estimated initial investment for professional services/permits and licensing ranges from $500 to $10,000. These professional fees cover expenses for attorneys, accountants, and other professionals the franchisee may seek advice from during the setup phase. These fees are paid as incurred to the attorney, accountant, or other professional.
This range accounts for the variability in legal and accounting costs, which can depend on the complexity of the franchisee's business structure, the local regulatory environment, and the extent of professional advice sought. Franchisees should budget accordingly and potentially consult with multiple professionals to ensure they receive competitive rates and comprehensive support.
It's important to note that these professional fees are in addition to other initial investment costs, such as the franchise fee, kitchen plans, rent, and equipment. Prospective Capriottis Sandwich Shop franchisees should carefully consider all these expenses when evaluating the financial feasibility of opening a franchise.