Patsy’s Italian Restaurant: Profiting from Pasta

open a Patsy's franchiseSay ciao to Patsy’s Italian Restaurant, a family-owned New York City eatery that was founded in 1944. The franchise business has enabled Patsy’s to expand its fine-dining restaurant beyond New York. The company is currently seeking to find franchisees who understand the restaurant business, are willing to follow its Patsy’s franchise guidelines, and want to be part of the community and part of this longtime family-owned business.

The first Patsy’s franchise opened in 2008, at the Hilton Resort Casino Hotel in Atlantic City, NJ. With Patsy’s franchise opportunities, especially on the East Coast, more people can be part of and experience what the late Frank Sinatra once called his favorite restaurant.

Offering Patsy’s authentic Neapolitan cuisine in other cities involves a step-by-step process to determine if a Patsy’s franchise is right for you. Once you have requested a franchise, the company undergoes a detailed discovery process before awarding a Patsy’s to franchisees.

The financial investment for a Patsy’s franchise starts with an initial franchise fee of $75,000. The company asks that franchisees have at least $3 million in net worth, as well as a secondary source of income to cover expenses during the start-up phase.

If you are a potential franchisee with at least five years of previous restaurant management experience, preferably in the fine dining sector at the general manager position or higher, Patsy’s may be right for you. And you must also welcome a challenge — franchisees are responsible for executing the Patsy’s business plan, managing day-to-day operations, and marketing the restaurant.

For franchisees, Patsy’s provides a training program that includes learning onsite at its Manhattan location and management training in the city where the franchise will be opening.

Bringing the Patsy’s franchise to a new city could help you profit by filling diners’ stomachs with pasta — and a little taste of Italy.