How many Capriottis Sandwich Shop outlets were closed in Virginia 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 Virginia was closed during 2022. This information is based on a table that details outlet data by state and year, including the number of outlets at the start and end of the year, as well as outlets opened, reacquired, closed, and sold.
For a prospective franchisee, this indicates the volatility of Capriottis Sandwich Shop locations in Virginia. While one location opened in 2022, another closed, resulting in no net growth. This suggests that the market in Virginia may present challenges or that specific locations may not have performed as expected.
It is important to note that while one location closed in 2022, no locations closed in Virginia in 2023 or 2024. As of 2024, there were three Capriottis Sandwich Shop locations in Virginia. This information could be useful for potential franchisees to investigate the reasons behind the closure and assess the overall stability and potential of the Virginia market before investing in a franchise.