Year began: 1979 Franchising since: 1989
In Tucson, Arizona, in 1963, Sam Schantz opened a small neighborhood bar called “Sam’s Tavern.” Serving overstuffed pastrami and ham sandwiches, Sam’s Tavern kept customers entertained with pool tables, pinball machines and television. In February 1987, Sam’s Tavern incorporated as Famous Sam’s Corp., and franchising began the next year. In 1997, Famous Sam’s Inc. was incorporated as a wholly owned subsidiary, and company headquarters moved to Phoenix.
Famous Sam’s Restaurant/Sports Bars offers reasonably priced casual dining with “Overstuffed/Oversized” sandwiches and a full bar. Restaurants feature televisions tuned to sporting events and the “National Trivia Network,” inviting guests to play trivia games. Game areas include pool tables, darts and video games.
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16012 Metcalf Ave., #1
Overland Park, KS 66085
Phone: (888)866-8808/(913)239-0266
Fax: (913)239-9768
| Franchisor has 5 employee(s); 1 employee(s) in franchise department.
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Franchise Growth
Where Seeking Franchisees
In the U.S.
Exclusive territories available.
Territory size: Varies
Costs & Fees
Total investment: $586K-1.2M
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 20 years, renewable
| Type of Financing Available |
| In-House | Third Party |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $750K
Cash liquidity requirement: $200K-250K
Business Experience:- General business experience
- Industry experience preferred, not required; strong management background
Operations
- 46% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training & Support
TRAINING- Available at headquarters: 2 weeks
- At franchisee's location: Varies
ONGOING SUPPORT- Newsletter
- Meetings
- Toll-free phone line
- Field operations/evaluations
MARKETING SUPPORT
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