Operating Partner Opportunities
We Are Expanding:
(Total of 3 locations in Hamilton: Hamilton East, Hamilton Downtown, and Hamilton West/Mac)
1st Expansion - Hamilton East (set location)
The Parm House is currently located at 272 Kenilworth Avenue (850 square feet) and was opened in February of 2016. We are an authentic Italian take-out restaurant with off premise catering. All of the Parm House menu items are made in-house and are taken from momma's recipe book.
The Parm House is pleased to announce expansion of the restaurant to a new location. We are currently looking for a licensee (2-3 partners) to take over operations at a NEW proposed location (Hamilton East) (approximately 6000 square feet). Once the new location is open for business, The Parm House will close the current location at 272 Kenilworth Avenue.
This is a unique business opportunity for individuals looking to team up with one or two family member/friends (owner operators ONLY). We are offering a turnkey operation at the new location.
We are offering a minimum investment with a maximum return. Approximately $150,000.00 investment will generate $500,000.00 to $750,000.00 in annual sales (10 year licensee agreement).
The Parm House will provide the following for licensees:
• Proven Operations to keep labor costs as low as possible. (2018 - one full-time and one part-time staff)
• All recipes made from scratch to keep food costs down
• Location (already set)
• Menu including food cost. (already set 30% to 35%)
• POS system
• Momma’s Marinara Sauce (purchase only)
• Inherit all experienced staff from current location
• Inherit all catering clients = $60,000.00 before tax 2018
• Inherit overtime meal contract = $95,000.00 before tax 2018
• Inherit walk-in customer base = $60,000.00 before tax 2018
• Training at current location/pre-opening of new location
Expansion - The Parm House Hamilton East Includes:
• Take–out restaurant with seating/banquet room – Approx. 6000 square feet
• Adding new store hours – 11:00am to 11:00pm (Open 7 days a week/365 days a year)
• In-house banquet room - occupancy seating for approximately 75 people
• Adding Parm House pizza to the menu
• Adding a breakfast menu (Starting with Fri, Sat, Sun ONLY)
• Continuing partnership with Skip the Dishes, Uber Eats, and Door Dash
• Location has been set for The Parm House Hamilton East
To apply as a potential future licensee of The Parm House (Hamilton East), we require the following:
• Written submission (200 +words or less) describing what makes you an ideal candidate as a licensee for the 1st expansion of The Parm House. Please include a brief description of your experience in the food industry, a little bit about yourself, and the skills and knowledge you bring to ensure the success of the 1st expansion location.
Please email to firstname.lastname@example.org
Vetted submissions that meet eligibility criteria will be asked to do the following:
• Complete an application form (to be provided)
• Complete a credit application
• In-person interview
The successful applicant will be provided with a site tour of the expansion location (Hamilton East) and submit security deposit along with first and last month’s rent.