The Famoso brand has undergone exciting changes and expansion over the past number of years. With over 30 locations in Canada and more opening soon, Famoso Italian Pizzeria has won 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.

This established Famoso restaurant is located within Fraser Valley’s go-to shopping centre and is only five minutes from the Abbotsford International Airport and across the highway from the Sandman hotel.

This restaurant is located next door to the only movie theatre in the Abbotsford area, is 2,650 square feet and features a street side patio. Pre-COVID annual sales were $1,200,000+. The initial anticipated cash flow to a full-time owner/operator varies based on sales levels

A new lease has been negotiated with reduced base rent.

The Franchisor is looking for a full-time motivated owner/operator with business management capabilities. Critical to your success is relevant business experience and your commitment to the systems and standards involved in the daily operation of your restaurant.

The purchase price of $339,000 includes the cost of cosmetic upgrades and renovations. Fixtures, fittings, and equipment are included in the purchase price. The franchise fee and training costs are $45,000.

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.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.