Famous Sam's Inc.

Founded: 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.

16012 Metcalf Ave., #1 Overland Park, Kansas 66085

Phone: (888)866-8808/ (913)239-0266

Franchisor has 5 employee(s); 1 employee(s) in franchise department.

Where Seeking Franchisees
In the U.S. Arizona, Colorado, Nevada, United states

Exclusive territories available.
Territory size: Varies

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

• Available at headquarters: 2 weeks
• At franchisee's location: Varies

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Field operations/evaluations

Marketing Support

• Co-op advertising