What is the nature of the initial franchise fee for a Capriottis Sandwich Shop franchise?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
(Franchise ID) Location: Opening Date: Initial Franchise Fee: Development Fee: Royalty Fee: % of Gross Sales By signing below each of the parties attests to the accuracy of the information contained in these Summary Pages and agrees to and intends to be legally bound by the terms and conditions of the CAPRIOTTI'S Franchise Agreement attached to these Summary Pages, effective on the Effective Date set forth above. CAPRIOTTI'S SANDWICH SHOP, INC., a Nevada corporation Name: David Bloom Title: CDO
Source: Item 22 — CONTRACTS (FDD page 73)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the nature of the initial franchise fee for a Capriottis Sandwich Shop is referenced within the context of the franchise agreement. The document mentions that upon signing the agreement, the franchisee is granted the right to operate a restaurant utilizing the Capriottis Sandwich Shop system. The franchisee also gains the right to use the brand's marks, operational systems, and methods, as well as to purchase and sell specified products according to the franchisor's procedures. The initial franchise fee is listed as a key element in the summary pages of the franchise agreement, although the specific amount is not detailed in the provided excerpts.
The franchise agreement outlines the terms and conditions under which the franchisee can operate a Capriottis Sandwich Shop restaurant. This includes adhering to the franchisor's standards, training programs, and operational guidelines. The agreement also specifies the designated location for the franchised restaurant, which is further detailed in Section 3 of the agreement or the Site Selection Addendum (Exhibit A). The franchisee's rights are non-assignable and non-exclusive, limited to the agreed-upon location.
Prospective franchisees should note that the disclosure document summarizes provisions of the franchise agreement and other information. Capriotti's Sandwich Shop must provide this document at least 14 calendar days before any binding agreement is signed or any payment is made. This allows potential franchisees to carefully review the terms and conditions, seek legal counsel, and fully understand their obligations and rights before committing to the franchise. The document also includes a receipt to acknowledge that the franchisee has received the disclosure document and its exhibits, which contain important information about the franchise opportunity.