What is the initial term length for a Capriottis Sandwich Shop franchise agreement?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
- Term. This Agreement shall be effective for a period of ten (10) years from the date of this Agreement (the "Initial Term"). Franchisee agrees to operate the Franchised Restaurant in compliance with this Agreement for the entire Initial Term unless this Agreement is properly terminated under Section 10.
When this Agreement expires (unless it is terminated sooner), Franchisee will have the right to acquire a successor franchise to continue operating the Franchised Restaurant as a CAPRIOTTI'S Restaurant for ten (10) years under Franchisor's then-current form of franchise agreement, but only if Franchisee:
Source: Item 22 — CONTRACTS (FDD page 73)
What This Means (2025 FDD)
According to the 2025 Capriottis Sandwich Shop Franchise Disclosure Document, the initial term of the franchise agreement is ten years. This means that a franchisee is granted the right to operate a Capriottis Sandwich Shop for a decade from the agreement's effective date.
The franchisee is obligated to operate the restaurant in compliance with the franchise agreement for the entire ten-year initial term. Failure to comply could lead to termination of the agreement before the term expires.
At the end of the initial term, the franchisee has the option to acquire a successor franchise agreement, allowing them to continue operating the Capriottis Sandwich Shop for another ten years. This renewal is contingent upon the franchisee's adherence to the terms of the original agreement and is subject to Capriottis Sandwich Shop's then-current franchise agreement terms.