How many Capriottis Sandwich Shop outlets were closed in Nevada during 2022?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Termina- tions | Col. 6 Non- Renewals | Col. 7 Re- acquired by Franchisor | Col. 8 Ceased Operations – Other Reasons | Col. 9 Outlets at End of the Year | |---|---|---|---|---|---|---|---|---| | Rhode Island | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | South Carolina | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 1 | 0 | 0 | 0 | 2 | 1 | | South Dakota | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Texas | 2022 | 2 | 3 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 2 | 0 | 0 | 0 | 1 | 6 | | | 2024 | 6 | 2 | 0 | 0 | 0 | 4 | 4 | | Utah | 2022 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 0 | 0 | 0 | 0 | 1 | 6 | | | 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | Virginia | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | | Totals | 2022 | 106 | 26 | 0 | 1 | 0 | 5 | 126 | | | 2023 | 126 | 25 | 0 | 0 | 0 | 8 | 143 | | | 2024 | 143 | 14 | 0 | 0 | 3 | 16 | 138 | * Excluded from this Table 3 are 11 licensed "Ghost Kitchens" (a type of non-traditional location that is not our prototype franchised location) that opened and closed between over the past several years and 2 Ghost Kitchens that remain in operation in 2 states.
Table No. 4 Status of Company-Owned Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchisee | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 67–73)
What This Means (2025 FDD)
According to Capriottis Sandwich Shop's 2025 Franchise Disclosure Document, one outlet in Nevada was closed during 2022. The table provided in Item 20 outlines the status of outlets, including openings, closures, and transfers. Specifically, for Nevada in 2022, the table indicates 11 outlets at the start of the year, no openings, and one closure, resulting in 10 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Capriottis Sandwich Shop locations in specific geographic areas. A high number of closures could indicate market challenges or operational issues that prospective franchisees should investigate further. Conversely, a low number of closures, as in this case, may suggest a more stable business environment.
It's important to note that while one closure occurred, the documentation does not specify the reasons for the closure. A prospective franchisee should inquire with Capriottis Sandwich Shop about the circumstances surrounding this closure to better understand any potential risks or challenges associated with operating a franchise in Nevada. Understanding the reasons behind closures can help franchisees make informed decisions and prepare for potential issues.
Overall, the data suggests that Capriottis Sandwich Shop has maintained a relatively stable presence in Nevada, with a single closure in 2022. However, further investigation into the reasons for this closure is advisable for anyone considering opening a Capriottis Sandwich Shop franchise in the state.