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Entrepreneur: Start & Grow Your Business

Amato's

Pizza, pasta, sandwiches

Background

Founded: 1902 Franchising since: 2002
312 Saint John St.
Portland, Maine 04107
Phone:
(207)828-5981


Franchisor has 12 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 14 0 0 12
2006 13 0 0 13
2005 12 0 0 13

Where Seeking Franchisees
In the U.S. Massachusetts, Maine, New hampshire, United states, Vermont

Costs and Fees

Total investment: $395K-530K
Franchise fee: $25K
Ongoing royalty fee: 6%
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: $400K
Cash liquidity requirement: $80K
Business Experience:
  • General business experience

Operations
  • 60% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 20 - 20
  • Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 3 weeks

Ongoing Support
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Regional advertising