Locos Grill & Pub vs Capriotti's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Capriotti's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$575,400 - $1,960,000 | $380,000 - $660,413 |
Franchise Fee |
$35,000 | $30,000 - $40,000 |
Royalty Fee |
4% | 6%-7% |
Advertising Fee |
- | 3% |
Year Founded |
1988 | 1976 |
Year Franchised |
1997 | 1987 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Customer service skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
- | Within two months prior to your opening, you will complete the 3 level Capriotti's University training program including on-line training, three weeks of in-store training and one week of classroom offered at our corporate headquarters in Las Vegas, Nevada. Your visit will give you the full flavor of the Capriotti's experience.
On-The-Job Training: 270 hours
Classroom Training: 49 hours
|
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About Locos Grill & Pub
A lot of us grow up dreaming maybe we could own our own business one day.
And a lot of us think about how fun it could be if that business was a
restaurant. What keeps us from executing that dream? Money?
Not knowing where to start? Not understanding what to do first, last and everything in between?
Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.
We will walk you through the entire process from site selection to design
hiring and training a staff and be right beside you when you open and
get comfortable being your own boss!
With 33 years of experience, why would you go anywhere else?
We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both.
As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance.
A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.
About Capriotti's
No doubt you've already experienced our amazing high-quality sandwiches and friendly customer service. If you're at all like most of our franchise owners, you instantly fell in love with the incredible food and smiling faces. You thought, "Wow! A Capriotti's franchise would be an incredible opportunity!"
That it is! There is no better time than NOW to start exploring that opportunity.
It is no secret that Capriotti's is different than the competition:
Our food is FRESH and of the BEST quality! Our turkey and roast beef are homemade. That's what makes them taste so good!
We have a UNIQUE menu with specialty subs that keep customers coming back!
We consider our franchise owners to be family and provide ongoing support to make your business successful.
The total investment necessary to begin operation of a Capriotti's restaurant ranges from $380,000 to $660,413. This includes
$61,000 that must be paid to the franchisor or affiliate.
If you want development rights, you must pay us a development fee equal
to $30,000 (the initial franchise fee for the first Restaurant), plus
the $6,000 Development Services Fee for the first Restaurant, plus a
deposit of 33% of the initial franchise fee (which is $30,000) for each
additional Restaurant you commit to develop. The total investment
necessary to begin operation if you acquire development rights (with a
minimum required commitment of 3 Capriotti's restaurants)
is $390,000 to $670,413. This includes $71,000 that must be paid to the franchisor or affiliate.
Veteran Incentives 15% off franchise fee
#329 in Franchise 500 for 2020.