Captain Tony's Franchise
Friday, April 23, 2010 at 12:29PM Dine-in and carry-out pizza, pasta, sandwiches and salads
Michael J. Martella always believed his father's pizza was the best in the world. When the elder Martella, Antonio, opened the first Captain Tony's Pizza & Pasta Emporium in 1972, everyone in the family pitched in. When Michael graduated from college and began a career as a stockbroker, the pizzas he tried as he traveled around the country just didn't measure up to his father's.
Realizing they had a superior product and concept, Michael tried to convince his father to expand the company, but Antonio wasn't interested. In 1987, Michael founded Captain Tony's Inc. and began franchising the restaurant.
Each Captain Tony's location serves a variety of entrre and dessert pizzas, submarine sandwiches, pastas and salads. The franchise has restaurants in Great Britain as well as the United States.
Start-up Costs & Franchises Fees
What is the total cost to open a Captain Tony's Franchises?
Total Cost: $150,800-$282,900
Total Franchise Fees: $10,000 USD -$20,000 USD
Ongoing Royalty Fees: 4.5% w/cap
Ongoing Advertising Fees:
Term of Agreement: 20 years
Contact Information for Captain Tony's
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Captain Tony's Pizza & Pasta Emporium |
Phone Number: (386)736-9855 |
Captain Tony's In the Press
No results at this time.Historical Expansion
In what year did Captain Tony's begin operations? 1972
When did Captain Tony's begin selling franchises? 1985
Year United States Canada International Corporate 2004 8 0 3 0 2003 9 0 3 0 2002 9 0 2 0 2001 8 0 2 0 2000 8 0 2 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): various leasing companies
Training & Support
Support
Toll free phone number, Internet referrals, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
Number of employees needed to run franchised unit: 5 - 10
100% of current franchise business owners are owner/operators
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes