Seller Financing
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Asking Price
Can$439,000
Gross Revenue
Not Disclosed
Cash Flow
Not Disclosed
Overview
Business
Description
Famoso is a neighborhood pizzeria founded on the passion for traditional, fire-roasted pizzas from Naples, Italy.
With 35 franchises in Canada, additional new locations opening this year, and numerous awards for the Best Pizza in various cities across Western Canada, Famoso provides franchisees an opportunity to be part of a successful nationwide team. Famoso is part of the FDF Brandz family which also includes Fatburger and Ricky’s Restaurants.
Famoso Pronto is the latest concept, offering the same authentic Italian and Sicilian style pizza within a fast, casual style restaurant. Famoso Pronto locations experience higher delivery and takeout orders along with an option for dine-in within a smaller location.
This Famoso location, situated on a major arterial road alongside other restaurants and shopping, has been operating for one year as a corporate location and is ready for its first franchisee. Sales have been strong and continue to grow.
The capital investment of $439,000 includes fixtures, fittings, and equipment as well as the franchise fee and training costs.
Cash required: $200,000
The Franchisor is looking for a full-time motivated owner/operator with business management capabilities to bring this new concept to life. Critical to your success is restaurant experience and your commitment to the systems and standards involved in the daily operation of your restaurant.
Potential buyers can contact Ken Wither.
After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available. Franchisor is looking for liquid cash of a minimum of 60% of price.
Once initial documents are returned specific details and financials of the business will be shared. Business owners or staff are not to be approached directly. The attached picture is for marketing purposes only and not an actual depiction of the business for sale.
Sale
Reason for Selling
Corporate store ready for a franchise owner
Training/Support
Provided by Franchisor
Premises
Location
Edmonton, AB
Contact The Seller
Listed by:
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