What is the estimated range for Security Deposits 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 |
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 security deposits ranges from $3,500 to $15,000 for a traditional restaurant. These security deposits are typically paid as a lump sum. The deposits are due per the lease or utility company requirements and are paid to the landlord or utilities.
For a traditional Capriottis Sandwich Shop, the security deposit usually covers the leased space, which is approximately 1,400 to 1,600 square feet, typically located in an in-line shopping center in an urban or suburban commercial area. Landlords typically charge a security deposit equal to one month's rent. Utility and other companies also charge security deposits that vary by locale and the franchisee's credit history.
It's important to note that while some security deposits are refundable, this depends on the agreement with the landlord or the utility companies. For a Virtual Kitchen, service agreements may require security deposits as much as three times the monthly rent, depending on the specific agreement.