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Ricky's Restaurant & Famoso Pizzeria For Sale
Location: Canada -> British Columbia -> Terrace
Industry: Franchises > Food and Beverages




Business Summary

The FDF Brandz family includes Ricky's Restaurants, Famoso Pizzeria and Fatburger. This is a unique opportunity to operate two of those high-profile brands within a single location, offering a family style breakfast in the morning and an upscale pizzeria in the evening.

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.

This new location will be attached to a brand-new hotel, the Sunshine Inn Executive Suites Hotel in Terrace, BC. The hotel is located in the heart of downtown Terrace, within walking distance of all the amenities. This is an outstanding financial opportunity for a family to settle in Terrace, a beautiful city to live and work. The city of Terrace has the largest regional population base in northwestern British Columbia and serves as the regional retail, service, medical and transportation hub for this area. The hotel is on the major highway which connects Prince George with Prince Rupert.

Terrace offers year-round recreational opportunities; a thriving arts community and a small town feel with the convenience of sought-after amenities with modern retail businesses and restaurants. The city of Terrace has two major construction projects scheduled – a new hospital at a cost of $1 billion, as well as a new inland port project that will create 3,000-5,000 construction jobs over the next several years.

A brand-new facility, the investment of $430,000, plus any applicable taxes, includes fixtures, fittings, equipment, training, and the franchise fee. The right candidate will have $175,000 – $200,000 cash as equity, plus operating capital.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Provided by Franchisor




Print Listing Id: 700375092
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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