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Famous Sam's

Facts & figures

Liquid capital required

$200,000

Net worth required

$750,000

Investment

$586,000 - $1,200,000

Franchise fee

$30,000

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.

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