What is included in 'Total Rent' for a Capriottis Sandwich Shop restaurant?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
Total Rent: This includes base rent, common area maintenance, property tax, insurance, and (at some of our locations) a fee to be included on monument or pylon signs.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 59–67)
What This Means (2025 FDD)
According to Capriottis Sandwich Shop's 2025 Franchise Disclosure Document, 'Total Rent' encompasses several components. It includes the base rent for the restaurant location, which is the fixed amount paid regularly for the space. In addition to the base rent, 'Total Rent' also incorporates common area maintenance (CAM) fees, which cover the costs of maintaining shared spaces like parking lots, walkways, and landscaping.
The definition of 'Total Rent' also specifies that property taxes and insurance are included. Furthermore, the definition indicates that some Capriottis Sandwich Shop locations may also pay a fee to be included on monument or pylon signs. These signs are typically located near roadways and are intended to increase visibility for the restaurant.
For a prospective Capriottis Sandwich Shop franchisee, understanding what is included in 'Total Rent' is crucial for accurately forecasting operating expenses. Franchisees should confirm whether their specific location includes the monument or pylon sign fee, as this can vary. By understanding the components of 'Total Rent', franchisees can better assess the financial viability of their Capriottis Sandwich Shop location.