Franchise FAQ

how much is a captain d's franchise

by Kaela Hane Published 2 years ago Updated 1 year ago
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Who owns Captain D's?

Centre Partners Management LLCCaptain D's / Parent organization

What is the highest franchise fee?

The Top 10 Most Expensive Franchises in the World8 AMPM - $7.6 million.7 Golden Corral - $6.76 million.6 Buffalo Wild Wings Grill & Bar - $3.2 million.5 Culver's - $2.8 million.4 KFC Corp. - $2.5 million.3 Denny's Inc. - $2.4 million.2 Carl's Jr. - $1.8 million.1 Hardee's - $1.6 million.More items...•

How much does it cost to open a BK?

Burger King Franchise Cost /Initial Investment/ Burger King Franchise. The franchise fee is $50,000, and requires a total investment of anywhere between $316,100 and $2,660,600. Franchise agreements include an additional royalty fee of 4.5%. Franchise incomes vary by location.

Does Captain D's batter their own fish?

The Fish, the Whole Fish (and Nothing but the Fish) We then bread or batter it by hand or season and grill it to perfection. That's the kind of fish we love — just go ahead and break open your next piece of Captain D's fish, and you'll see the whole fillet difference.

How much is Mcdonalds franchise fee?

$45,000Those approved to launch new McDonald's franchises can expect to shell out between $1,314,500 and $2,306,500 to get the restaurants up and running. Owners pay an initial franchise fee of $45,000. The costs can vary depending on the region of the country and store type as well as the restaurant's size.

What is the McDonald's franchise fee?

$45,000McDonald's Franchise Cost / Initial Investment / Income Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.

How much does a Taco Bell franchise cost?

Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.

How much to buy a Chick-fil-A franchise?

Despite its success, Chick-fil-A charges franchisees only $10,000 to open a new restaurant, and it doesn't require candidates meet a threshold for net worth or liquid assets, the company told Business Insider. That's cheaper than every major fast-food chain in the US.

How much is a Wendy's franchise?

Does it include start-up supplies and training? The standard franchise fee is $50,000 for a franchise agreement with a term of 20 years.

Does Captain D's use real lobster?

Hi Carol - Our Lobster rolls are made with real North Atlantic lobster. If you have any more questions regarding ingredients or allergy issues, contact us at contact. captainds.com.

Does Captain D's use cod or pollock?

According to an interview with Captain D's head chef published by AL.com, most of Captain D's fish is wild Alaskan cod. The fish are caught via tech-heavy fishing boats outfitted with video cameras that monitor the fish in the nets, in order to avoid overcrowding in the net.

What does Captain D's fry their fish in?

A Business Insider article published 14 February reported some quick-service restaurant chains – including some Captain D's locations – use beef tallow, which is made from rendered animal fat, to fry food.

What is Starbucks franchise fee?

Initial Start-Up Funding The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.

What is the franchise fee for Wendys?

$50,000Does it include start-up supplies and training? The standard franchise fee is $50,000 for a franchise agreement with a term of 20 years.

How much does a franchise owner make?

The Numbers According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.

How much does a Wendy's franchise owner make?

about $300,000 per yearWendy's franchise owner's salary & compensation is about $300,000 per year. The national brand recognition Wendy's has to offer and franchisees being able to recoup their initial investment within a couple of years make it a great opportunity.

Background

The seafood industry is booming and is worth $870 billion. Data shows that people are consuming much more fish than in previous decades. The average worldwide per capita consumption of fish us 43 pounds per year, according to the Food and Agriculture Organization of the United Nations.

Support and Training Offered By Captain D's

In terms of support and training, the franchisee can expect On-The-Job Training that lasts 219 hours, in addition to 21 hours of classroom training. The franchisee will also receive assistance during the opening of the restaurant.

Franchises Similar to Captain D's

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

What is Captain D's menu?

Captain D's menu offers a wide variety of fried fish, shrimp and chicken dishes, as well as numerous seasonal and regional seafood favorites. We also offer a wide variety of side items like French fries, hushpuppies and cole slaw, and recently added an an entirely new assortment of healthy, grilled items and delectable new sidesto meet ever-changing consumer tastes and dietary needs.

How many seats are there in Captain D's?

While we are proud of our past, we are firmly focused on our future and are currently in our most aggressive growth period in more than 30 years. Our new compact, 68- seat restaurant design was created to deliver our franchisees significant savings on building, equipment, construction and real estate. Today, we are looking for qualified franchisees, preferably with previous restaurant operating experience, to help us make Captain D's even bigger and even better with single- and multi-unit franchise agreements in many areas across the United States.

Does Captain D's stop after opening?

Captain D's support of franchisees doesn't stop after the store is open. In fact, for your first five days in business, key members of our management staff will be on site helping you and your people run your restaurant. Then, after you have successfully gotten your franchise business off the ground, Captain D's University - a series of informative, one-week workshops - will keep you totally up-to-date on human resources issues, finance, technology and other D's business issues.

Is seafood underserved?

The seafood market segment is vastly underserved, and our proven concept can make the entry seamless and successful.

Is multiunit development available with other leading restaurant brands?

Single and multi-unit development opportunities and coveted territories not available with other leading restaurant brands

Does Captain D's have franchises?

Additionally, Captain D's offers franchisee ownership groups who operate other brands a unique opportunity to diversify their holdings. So, if you're looking for a rewarding franchise opportunity, look no further than Captain D's. We know where we've been, we know where we're going, and we know that you won't want this to be the opportunity that got away.

Is Captain D's franchising important?

Perhaps most important, we are looking for individuals who will embrace the Captain D's mission. Franchising is a key component to our strategy to continue building the Captain D's brand, expanding our presence nationally and increasing our share of the rapidly growing fast-casual dining market. Therefore, you must be prepared to attract and retain customers by believing in our system and maintaining the high standards that have ensured Captain D's success for more than three decades.

What does absentee ownership mean?

Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.

What is the franchise fee?

What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.

How long is a franchise agreement?

What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.

What is included in the initial investment?

What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.

What is exclusive territory?

Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.

What is a military discount?

Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.

What is net worth?

What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.

What is driving our success?

This brand relaunch expands our menu to include healthy, grilled options and re- imaged decor to attract a new generation of diners who are seeking seafood as a fast-casual meal alternative.

What fish does Captain D's use?

Captain D’s uses wild-caught Alaska pollock for our batter dipped fish and grilled whitefish. Alaska pollock is a member of the cod family, fished in the Bering Sea, and is the world’s most sustainable food group; every Alaska pollock we sell is wild-caught and purchased from one of the world’s best- managed fisheries.

What is Captain D's batter dipped fish?

Captain D’s batter dipped fish is shaped by nature — it’s the whole fillet, and you can snap it in half and see its natural flakiness. It’s the best part of the fish, and the natural texture and flavor of our fish has won us fans for decades.

What do franchisees do?

What would you do as a franchisee? 1 Manage the day-to-day restaurant operations 2 Local level marketing

How much does it cost to start a Captain D franchise?

Startup costs for a Captain D’s range from $1,005,600 to $1,223,600, not including the cost of real estate. Franchise candidates should have liquid assets of $350,000 and a net worth of $1 million.

How many Captain D's are there?

Captain D’s has more than 500 locations nationwide, with a large cluster of restaurants in the Southeast and an expanding footprint in other states. About half the restaurants are owned by franchisees. Unlike many other franchise systems, Captain D’s has a large number of corporate-owned locations, and we continue to build them.

Is Captain D's a seafood chain?

Captain D’s is the No. 1 seafood chain by average unit volume in The QSR 50, the annual ranking by QSR Magazine. We received noteworthy recognition in the franchise industry by setting brand AUV records in 2012, 2013, and 2014, and 2015 marked our 5th consecutive year of sales growth. We are on track for another record year. So why is our iconic brand, which started in 1969, enjoying such massive success?

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