Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Consultant Franchise Opportunity

iGroup Franchise Opportunity

Beef O Bradys Family Sports Pub Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Famoso Neapolitan Pizzeria For Sale In Abbotsford
Location: Canada -> British Columbia -> Abbotsford
Industry: Franchises > Food and Beverages




Business Summary

The Famoso brand has undergone exciting changes and expansion over the past number of years. With over 30 locations in Canada and more opening soon, Famoso Italian Pizzeria has won 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 established Famoso restaurant is located within Fraser Valley's go-to shopping centre and is only five minutes from the Abbotsford International Airport and across the highway from the Sandman hotel.

This restaurant is located next door to the only movie theatre in the Abbotsford area, is 2,650 square feet and features a street side patio. Pre-COVID annual sales were $1,200,000+. The initial anticipated cash flow to a full-time owner/operator varies based on sales levels

A new lease has been negotiated with reduced base rent.

The Franchisor is looking for a full-time motivated owner/operator with business management capabilities. Critical to your success is relevant business experience and your commitment to the systems and standards involved in the daily operation of your restaurant.

The purchase price of $339,000 includes the cost of cosmetic upgrades and renovations. 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 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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,200,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2015
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Provided by Franchisor




Print Listing Id: 700382882
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700382882
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.