For Sale $338,000 - Franchise, Restaurant
Famoso Italian Pizzeria and Ricky’s Restaurants have each been neighborhood favourites for years and this location now offers a fantastic opportunity to benefit from the success of each brand in one dual branded location.
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 that same passion, Ricky’s has been serving breakfast fare to Canadian families for over 50 years.
This new location features 1850 square feet, an open concept kitchen, full table size service and a full liquor license.
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 initial capital investment of $338,000 includes the cost of the conversion, fixtures, fittings, and equipment. The price also includes the franchise fee and training costs ($45,000 value). 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.
Cochrane is a city of approximately 33,000 people located 18km west of Calgary. Cochrane is committed to sustaining a friendly, small town charm making it a community of choice for many families and professionals. This community offers first rate schools, recreational facilities and modern infrastructure, as well as a thriving retail and commercial sector.