Captain D’s Franchise Achieves 20th Consecutive Quarter of System-Wide Growth and Continues to Drive National Expansion
— Fast casual seafood leader honored with ‘Best Overall Franchise Development Award’ —
NASHVILLE, Tenn. (Oct. 3, 2016) — Captain D’s announced today it is continuing strong sales momentum in 2016, closing out the third quarter of the year with its 20th consecutive quarter of positive growth, generating a 2.8 percent system-wide same store sales increase. The leading fast casual seafood restaurant chain has successfully leveraged this ongoing success to propel its franchise and corporate growth, expanding its presence in communities nationwide. Additionally, Captain D’s was recognized for its strong franchise sales development performance and recently honored with the ‘Best Overall Franchise Development Award’ at this year’s Franchise Update Media Group’s Leadership & Development Conference.
“Despite the restaurant industry experiencing spending challenges, Captain D’s continues to generate solid growth. In fact, we’re on track for our fourth consecutive year of achieving record high system-wide AUV,” said Phil Greifeld, chief executive officer and president of Captain D’s. “Our continued success is a testament to the brand we have built and a result of our talented employees and franchisees who are aligned with Captain D’s guest centric values. We’re thrilled with the consistent growth we’ve experienced so far this year, and look forward ending 2016 with another positive quarter.”
During quarter three, Captain D’s promoted new limited time only items such D’s Jumbo Coconut Shrimp —a great taste of summertime flavors and a great fit with the brand’s new coastal, beach interior — and a “5 Full Meals for Under $5” promotion which resonated with guests during the critical back-to-school period.
Coupled with its ongoing menu innovation, Captain D’s credits its new restaurant beach design with contributing to the brand’s compounding success. To date, 50 percent of all restaurants have been reimaged to the brands new vibrant, coastal design, with another 50 locations to be remodeled by the end of this year. With these efforts, Captain D’s has remained true to what it does best — serving high-quality seafood with warm hospitality at an affordable price in a welcoming atmosphere.
With 513 restaurants in 21 states, Captain D’s is the fast-casual seafood leader and number one seafood franchise in America ranked by average unit volume. The company is currently seeking single- and multi-unit operators to join in the brand’s rapid expansion. For more information about franchise opportunities, visit http://www.captaindsfranchising.com or call 800-550-4877.
ABOUT CAPTAIN D’S
Headquartered in Nashville, Tenn., Captain D’s has 513 restaurants in 21 states, plus military bases around the world. Captain D’s is the nation’s leading fast casual seafood restaurant and was named the #1 seafood chain in the QSR 50, ranked by AUV. Founded in 1969, Captain D’s has been offering its customers high-quality seafood at reasonable prices in a welcoming atmosphere for 45 years. Captain D’s serves a widely variety of seafood that includes freshly prepared entrees and the company’s signature hand-battered fish, which is cooked to order to ensure freshness. The restaurants also offer premium-quality grilled fish, as well as shrimp, chicken, surf and turf, hushpuppies, desserts and freshly brewed, Southern-style sweet tea, a Captain D’s favorite. For more information, please visit www.captainds.com