What is the estimated range for security deposits required 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 | As Incurred | As Incurred | Various |
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 paid as a lump sum and are due per the lease or utility company requirements. The payments are made to the landlord or utilities provider.
For a Virtual Kitchen, the FDD notes that service agreements may require security deposits up to three times the monthly rent. The monthly rent depends on the market area and includes shared services, lowering the overhead costs found in traditional locations. These services include facility maintenance, processing of orders and the labor required, cleaning and maintenance, management and coordination of health inspections, on-site support, hood cleaning and maintenance, gas and electrical costs, grease trap maintenance, dry, cooler, and freezer storage, cold and hot water, trash/recycling service, and internet/WiFi service.
It is important to note that, as stated in the FDD, except for the security deposit and perhaps some utility deposits, no expenditure in the table is refundable. Prospective franchisees should carefully review the lease terms and utility agreements to understand the specific security deposit requirements for their location. Franchisees should also consider the potential for higher security deposits for Virtual Kitchens, which could significantly impact their initial investment.