Experienced Multi-Brand Franchisees Sign Three-Restaurant Development Agreement to Introduce Fast Casual Seafood Leader to the Big Apple Captain D’s, the nation’s leading fast casual seafood restaurant, announced the signing of its first franchise development agreement in the greater New York City area. This agreement will bring three Captain D’s to the city led by experienced … Read more
*AUV of the top third of the company locations as reported in Item 19 of the Franchise Disclosure Document (FDD). There is no guarantee you will make as much.
**According to the 2023 FDD, the Development Incentive Program offer depends on the opening date of a restaurant. The royalty fee will equal the following amounts: (1) for restaurants opened at least 60 days prior to the scheduled opening date, we will not charge a royalty fee for the first six months after the opening date of the restaurant;
(2) for restaurants opened at least 30 days prior to the scheduled opening date, we will not charge a royalty fee for the first five months after the opening date of the restaurant;
(3) for restaurants opened no more than 90 days after the scheduled opening date, we will not charge a royalty fee for the first four months after the opening date of the restaurant;
(4) for restaurants opened no more than 150 days after the scheduled opening date, we will not charge a royalty fee for the first three months after the opening date of the restaurant; and
(5) for restaurants opened more than 150 days after the scheduled opening date, we will begin charging a royalty fee on the opening date of the restaurant.
† The average unit volume and EBITDAR amounts are for the top third of company restaurants open at least one full year as of the 2022 fiscal year-end. The company EBITDAR does not include a 4.5% royalty fee paid by franchisees, which would reduce the EBITDAR to $313,492.
This is not an offer to sell or the solicitation of an offer to buy a franchise. The offer of a Captain D’s franchise may take place only through the delivery of a current Captain D’s Franchise Disclosure Document or prospectus.
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