Food Related Businesses For Sale in Vancouver British_columbia

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Famoso Italian Pizzeria Bar For Sale In Vancouver

Location:Vancouver, British Columbia

Category:Food

Asking Price:$150,000

  • Sales revenue : $1,000,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Famoso Italian Pizzeria  Bar For Sale In Vancouver

Business description

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. Since joining the FDF Brandz family, Famoso continues to deliver customers an authentic Italian dining experience with a recently revamped menu including new tapas, Italian sandwiches, and dinner entrees.

With 30 franchises in Canada, plans for 20 new locations within the next few years, 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. FDF Brandz also includes Fatburger and Ricky’s Restaurants.

This Famoso location has been operating since 2012 and is in the culturally rich neighborhood of Commercial Drive in Vancouver. Located near the city’s 8-block officially designated Little Italy, this district boasts quaint boutiques, a collection of restaurants and a vibrant dining and nightlife scene.

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 Franchisor will offer a strong relaunch package.

The purchase price is $150,000 plus the cost of upgrades and renovations of $100,000. Fixtures, fittings, and equipment are included in the purchase price. The franchise fee and training costs are $45,000. There is $10,000 in inventory available. This is an excellent opportunity to own your own franchise at a significantly lower cost than starting at a new location.

Annual sales are within the $1.0M to $1.5M range. The initial anticipated cash flow to a full-time owner/operator is approximately $75,000+.

Potential buyers can contact Ken Wither at * * ***.

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.

Ken Wither, Certified Business Intermediary, Acuity Business Group

Other Information

  • Years Established: 7
Acuity Business Group
Enquiry form
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