Details - Information last confirmed on November 18, 2020
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.
With 30 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.
This Famoso restaurant is located within a premier shopping centre in the Fraser Valley. This long-established location is situated within the Highstreet Centre which offers shopping, dining and a theatre right next door to the restaurant. It is located five minutes from the Abbotsford International Airport and a local hotel.
This location is 2,650 square feet and features a street side patio. Average annual sales are $1,275,000. The initial anticipated cash flow to a full-time owner/operator varies based on sales levels
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 full-service restaurant experience and your commitment to the systems and standards involved in the daily operation of your restaurant.
The purchase price of $339,000 plus the cost of cosmetic upgrades and renovations of $20,000-$40,000. Fixtures, fittings, and equipment are included in the purchase price. The franchise fee and training costs are $45,000.
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.
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