What Are my Startup Costs?
Owning a Captain D’s seafood restaurant franchise is much more affordable than you think
Captain D’s is a well-established franchise with tremendous growth potential. Our highly recognized name in the fast-casual dining sector, combined with the explosive growth of consumer interest in healthy dining alternatives, means our franchise owners are poised for even greater success in the coming years.
Captain D’s has some basic requirements of franchisees. We are looking for both single and multi-unit owners who have a history of business success. Captain D’s comes to the table with attractive incentives in key markets, and the franchise partner who will be approved must be committed to restaurant operation and expanding the brand.
A franchise owner/operator must have:
- Collective Net Worth: $1,000,000
- Liquid Assets: $350,000
The development costs for a single-unit, 82-seat Captain D’s franchise location will be between $781,000 and $1,113,000.
Franchise fees are as follows:
- Initial Fee: $35,000
- Royalty: 4.5% of sales
- Advertising Fee: 1.1% of sales
- Local Store Marketing: 2% to 4% of sales (depending on market/DMA)
Captain D’s franchise cost
The chart below outlines the startup costs for a Captain D’s restaurant:
|Type of Expenditure||Range of Amount||Method of Payment||When Due||To Whom Payment Made|
|Franchise Fee and Development Fee||$35,000||Lump Sum||Us|
|Real Estate||As Agreed||As Agreed||Landowner|
|Building and Leasehold Improvements||$420,000 to $600,000||As Agreed||As Agreed||Landowner and Suppliers|
|Training Expenses||$20,000 to $40,000||As Agreed||As Agreed||Employees and Suppliers|
|Equipment||$222,000 to $280,000||As Agreed||As Agreed||Suppliers|
|Computer Systems||$22,000 to $26,000||Lump Sum||After Opening||Us|
|Inventory||$6,000 to $8,000||Lump Sum||Before Opening||Suppliers|
|Miscellaneous Opening Expenses||$5,000 to $9,000||As Agreed||As Incurred||Suppliers|
|Insurance||$11,000 to $25,000||As Agreed||As Incurred||Insurance Company|
|Additional Funds - 3 Months||$40,000 to $90,000||As Agreed||As Incurred||Employees and Suppliers|
|Total||$781,00 to $1,113,000|
Our Franchise Disclosure Document will explain in greater detail the seafood franchise costs and other aspects of the franchise opportunity. Starting a Captain D’s restaurant franchise is a big decision, and we encourage you to study the numbers carefully — and please contact us with any questions.
To get started, please fill out the form on this page and download a free copy of our franchise report.