Pasta Franchise Business Plan - Description Of Business
DESCRIPTION OF BUSINESS
History
Pasta Express of Jordan, MI is being structured to operate franchises of the national chain Pasta Express. Pasta Express is owned by Frank Taylor of FT Pasta, Inc. and headquarted in Freemont, MI.
The national Pasta Express chain was established in 1987 with the opening of the original Pasta Express in Freemont, Mi. The company has been franchising since 1991. Recent growth has been in the Detroit area where there are currently 12 stores in operation. Pasta Express has signed master franchise agreements in Wisconsin, Texas, and Indiana to open stores within the next ten years. There are currently restaurants opened and operating in each of the areas.
Ownership Structure
Ownership of the business is in the form of an S Corporation with 50% of the stock owned by Thomas McAffee and the remaining 50% of the stock owned by Carol McAffee.
Business/Professional qualifications
Thomas McAffee has...
[The entire page is 807 words long]
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