Price: $199,000

Location: Edmonton

Province: Alberta

Description

With over 30 franchises in 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 offers authentic Neopolitan style pizza in a fast, casual style format.  Famoso Pronto locations experience higher delivery and takeout orders along with an option for dine-in within a smaller footprint and corresponding lower overhead costs.

Operating for over 2 years, this Famoso Pronto location is establishing regular local trade.  This location features excellent exposure, and is positioned on the primary route to the Edmonton airport.  Local traffic has rapidly increased as travel returns to pre-pandemic numbers.  The area is also surrounded by offices and hotels.

This is an ideal opportunity for husband and wife team.  Currently experiencing sales of almost $10,000 per week a family could expect a potential income of $8,000 - $10,000 per month.

The capital investment is $199,000 including inventory, fixtures, fittings, and equipment.  The franchise fee is $22,500 and includes training.  This location offers favourable rent terms.  Currently, food costs account for 30% of expenditures while labour is 26%.

The Franchisor is looking for a full-time motivated owner/operator with business management capabilities to join this high quality, and award-winning pizzeria chain and move this newer Famoso to higher levels of success.  Critical to your success is good business experience and your commitment to the systems and standards involved in the daily operation of your restaurant.

Potential buyers can contact Ken Wither at (587) 215-2245.

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.

LISTING DETAILS

FFE Included: Yes

Inventory: $10,000

Operation

Year Established: 2020

Location

Franchise: Yes

Summary

Terms and Conditions?:

1

Training & Support:

Training provided by Franchisor.

LISTING BROKER

Ken Wither

Ken Wither
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