News

Development deals spur Capriotti's growth

August 17, 2011

Capriotti’s Sandwich Shop has announced an agreement for six new deals, with the latest addition being in Boston. The new area developments deals include the markets of Pennsylvania, Las Vegas, Texas and Orange County, Calif., and will add a significant presence to the 70-unit chain's roster.

The development deals include:

• Sean and Nels Olson will develop 18 restaurants in the Middlesex, Norfolk, and Suffolk counties in Massachusetts over an 8-year period with the first to be opened by the end of the year.
• Corey Melendrez and Thomas Gourley signed a three-unit area development agreement, the first of which just opened in Pahrump, N.V.
• Kevin Looby has signed a three-unit agreement for Chester and Montgomery counties in Pennsylvania. Looby’s new locations are in addition to his locations in West Chester and Exton, Penn.
• Warren Ruttenberg and Rhonda Gilburne have signed on to expand the brand in Arizona with a three- unit development deal over the next year and a half in Scottsdale. The first restaurant is currently in construction.
• KCI Investments has secured its first Dallas location and has plans for 20 units in Orange County within the next eight years.

“We are excited to start operations in Boston, Orange County and Texas as well as expanding our presence in Pennsylvania and Las Vegas,” said Ashley Morris, Capriotti’sCEO.  “These are exciting new markets for our company and this is a huge moment for Capriotti’s. We look forward to continuing to bring our premium, award winning sandwiches to more and more people.”

Read more about restaurant franchising and growth.