Details - Information last confirmed on April 21, 2021
Location: Fort McMurray, Alberta
Type: Ricky’s Restaurants Franchise
The FDF Brandz family includes Ricky’s Restaurants, Famoso Pizzeria and Fatburger. This is a unique opportunity to operate two of those brands within a single location.
Ricky’s has been a successful restaurant brand for over 50 years. Serving breakfast, lunch and dinner with family friendly service, Ricky’s remains a Canadian tradition and neighborhood favourite.
Famoso is a neighborhood pizzeria founded on the passion for traditional, fire-roasted pizzas from Naples, Italy. Using authentic ingredients, Famoso customers are promised a fun and lively atmosphere that will keep them coming back time and time again.
Located in downtown Fort McMurray, this location within the Merit Hotel & Suites is a prime opportunity for success. The hotel offers both short term and extended stay accommodations, ideal for those working in the oil sands region.
The existing restaurant location will be converted to a Ricky’s All-Day Grill & Famoso Pizzeria. There is also opportunity to take over catering needs for the hotel.
The investment of $725,000, plus any applicable taxes, includes conversion costs, fixtures, fittings, equipment, training, and the franchise fee of $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 50% 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.
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.