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Captain D's Franchise ProfileRestaurant Franchises > Quick-Service Restaurants |
What Are the Initial Investment Requirements for a Captain D's Franchise?
To open a Captain D's franchise, you will need to prepare for an initial investment ranging from $898,600 to $1,354,200. This includes a franchise fee of $35,000, along with other startup costs. Additionally, potential franchisees must demonstrate a net worth between $500,000 and $1,000,000, ensuring they have the financial stability to support their new venture.
What Are the Ongoing Fees Associated with a Captain D's Franchise?
Franchisees of Captain D's are required to pay a royalty fee of 4.5% on gross sales, along with a marketing fee of 2%. These fees are essential for maintaining brand standards and supporting marketing efforts that drive customer traffic to your location. Understanding these ongoing costs is crucial for financial planning and ensuring profitability.
What Is the Average Revenue Potential for a Captain D's Franchise?
Captain D's franchises can expect an average annual revenue of approximately $1,125,092, with a median revenue of $1,075,360. The revenue can vary significantly, with some units generating as low as $276,738 and others reaching up to $2,791,040. This revenue potential highlights the importance of location, management, and operational efficiency in maximizing profits.
How Quickly Can You Expect to Break Even with a Captain D's Franchise?
Franchisees can anticipate breaking even within about 12 months of operation, with an investment payback period of approximately 14 months. This relatively quick return on investment can be appealing for aspiring franchise owners, but it also underscores the need for effective management and a strong market presence to achieve these timelines.
Captain D's Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Captain D's Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Units | 536 | 534 | 540 |
| Net Change YoY | -2 | 6 | |
| Franchised Units | 246 | 223 | 228 |
| Net Change YoY | -23 | 5 | |
| Corporate Units | 290 | 311 | 312 |
| Net Change YoY | 21 | 1 |
Company Background
Captain D's is a fast-casual seafood restaurant chain that has been serving delicious, quality seafood since 1969. With a focus on fresh fish and a variety of menu options, including fried shrimp, catfish, and grilled seafood, Captain D's aims to provide a family-friendly dining experience. The brand has grown significantly over the years, establishing a strong presence across the United States with a commitment to quality and customer satisfaction.
Franchise Opportunity
Investing in a Captain D's franchise offers aspiring entrepreneurs a chance to enter the thriving fast-casual seafood market. With a well-established brand and a proven operational model, franchisees benefit from comprehensive training and support. The initial investment ranges from $898,600 to $1,354,200, making it accessible for those with the right financial backing and a passion for the food service industry.
Corporate Structure
Captain D's is owned by Captain D's LLC, which operates as a subsidiary of the private equity firm, Sentinel Capital Partners. Established in Nashville, Tennessee, the company has been dedicated to expanding its franchise network while maintaining high standards for food quality and customer service. The corporate office provides ongoing support to franchisees, ensuring they have the resources needed to succeed.
Royalties
Franchisees are required to pay a royalty fee of 4.5% of gross sales, along with a marketing fee of 2%. These fees contribute to the overall brand strength and marketing efforts that help drive customer traffic to each location. The financial structure is designed to support franchisees while also ensuring the brand's continued growth and visibility in the competitive seafood segment.
Company Mission
Captain D's mission is to provide customers with a delicious seafood dining experience that is both affordable and enjoyable. The brand is committed to using high-quality ingredients and serving freshly prepared meals, all while fostering a welcoming atmosphere for families and friends. Captain D's aims to be the go-to destination for seafood lovers, emphasizing community engagement and customer satisfaction.
Financial Performance
The average annual revenue per unit for Captain D's is approximately $1,125,092, with a median revenue of $1,075,360. Franchisees can expect a breakeven time of around 12 months and an investment payback period of 14 months. This financial performance highlights the potential for profitability, making Captain D's an attractive option for investors looking to enter the restaurant industry.
Frequently Asked Questions
The initial investment for a Captain D's franchise ranges from $898,600 to $1,354,200, including a $35,000 franchise fee.