News

Capriotti's reports 2017 growth spurt

January 4, 2018

Capriotti's Sandwich Shop closed out 2017 with a growth spurt. The Las Vegas-based concept signed 50 franchise agreements over the past year, and franchise inquiries were up 300 percent from 2016, as a result of strategic initiatives in marketing and technology investment, according to a company press release.

"Our proven franchise business model allows for tremendous potential growth nationwide," David Bloom, Capriotti's chief development officer, said in the release. “We're committed to finding the right business savvy franchise partners who are as passionate about Capriotti's as we are to bring this unique, high-quality dining experience to their communities. Our passion to find the best and be the best is what drives the Capriotti's family forward each and every day."

In 2017, Capriotti's opened locations in Indianapolis, Nashville, and Oso Blanca, Las Vegas and has begun to receive international interest. With this growth, Capriotti's has reported double-digit increases in delivery and catering platforms in 2017, and expects to accelerate this growth next year, Bloom said.

In 2018, the brand is gearing up to continue its expansion into mature and new markets nationwide in addition to select international markets.

With the top 25 percent of shops averaging $1.1 million and an initial average investment of $376,000 and high growth potential, Capriotti's is a profitable and rewarding franchise investment, Bloom said.

Founded in 1976, Capriotti's Sandwich Shop has 100 locations in 18 states and plans to expand to 500 locations nationwide by 2025.