Frisco's Chicken

Frisco's Chicken

First-of-it's-kind Restaurant to Open in Downtown Lancaster, PA

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Security Type
Revenue Sharing
Categories
Food & Bev
Min Investment
$100
Location
Lancaster, PA
Offering Date
September 16, 2020
Expected Close Date
November 18, 2020
Target Raise
$30.00K-$90.00K
Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $130. They will owe you this amount by 10/1/2025, regardless of revenue.

Company Description

FJD Partners LLC d/b/a Frisco’s Chicken (FJD) is a start-up Peruvian Charcoal Roasted Chicken restaurant located in Lancaster City, PA.

Frisco's Chicken was a long-time dream of it's primary owner and founder, Francisco Gomez. When COVID-19 hit, and Mr. Gomez lost his employment like so many others in the hospitality industry, he approached his partners, and began to hatch his life-long dream of opening a restaurant.

Although opening a restaurant during a pandemic would come with challenges, Francisco and his team knew that their product would be perfect in this climate as the menu and restaurant is designed primarily for take-out and delivery orders.

Frisco’s Chicken expects to catch the interest of a regular loyal customer base with its authentic Peruvian cuisine, which focuses around the ubiquitous Peruvian street food favorite dish of charcoal roasted chicken. The company plans to build a strong market position in Lancaster City, and surrounding communities due to the partners' industry experience, professional and personal networks, and by offering a unique, high quality, ready-to-go cultural cuisine in a mildly-competitive market.

Frisco’s Chicken aims to offer its products at a competitive price to meet the demand of the low to high income individuals and families of all ethnic backgrounds in our local market area as well as tourists.

Use of Proceeds

  • Operating Capital: $40,000
  • Space Build Out: $16,000
  • Equipment: $18,000
  • Marketing: $10,600
  • Mainvest Compensation: $5,400

Management Team / Advisory Board Bios

Francisco Gomez De La Torre
Managing Partner
Born and raised in Peru, Mr. Gomez de la Torre has an extensive background in the financial industry as well as the hospitality and Food and Beverage industry. Mr. Gomez de la Torre worked for some of the largest banks in Peru for 12 years. At age 30, Mr. Gomez de la Torre decided to immigrate to the US, looking for a better future for himself and his family, he arrived here in 2002 with 300 hundred dollars in his pocket and the desire to work as hard as possible. Shortly after his arrival, Mr. Gomez de la Torre started working for large hospitality companies like Marriott International, Hyatt Hotels and Resorts, Interstate Hotels and others, due to Mr. Gomez’s hard work and strong work ethics, he was rapidly promoted and moved up through the ranks, from being a temp laborer with very limited knowledge of the English language, Mr. Gomez de la Torre became Director of Conference Services at the prestigious Holiday Inn Lancaster.

Joshua M. Rinier (Rinier Capital & Consulting LLC)
Partner/Chief Marketing Guru
Mr. Rinier has over 13 years of management and marketing/sales experience in retail, grocery, marketing, non-profit, hospitality/entertainment ad real estate industries.. Mr. Rinier has served as the Executive Director of Opera Lancaster, has been the Director of Marketing and Advertising for Darrenkamp’s Markets, and has served as a Marketing and Management Consultant for many local organizations and companies such as The Lancaster Conservatory of Music, Holiday Inn Lancaster, Ephrata Performing Arts Center, and Meedcor Development. Additionally, Mr. Rinier is a part-time Real Estate Agent serving Lancaster, York, Dauphin, Chester, and surrounding counties.

David Gannett
Partner/Chief Operating Officer
Mr. Gannett has over 30 years in the hospitality, restaurant and food service business. Mr. Gannett served as a personnel director for Rutter’s Convenience Stores where he supervised 18 locations and was present for the implementation of made to order touch 3 screens when Rutter’s upgraded their food service. This was the first of its kind in south eastern Pa. Mr. Gannett was a General Manager of Restaurants for Isaac’s Famous Grilled Sandwiches for 15 years where he opened new units, held leadership seminars for new managers and was in charge of implementing new training programs for staff. Mr. Gannet is Serv Safe certified.

Deal Notes

If you invest $100, the business agrees to share a portion of their revenue until you have been repaid $130. They will owe you this amount by 10/1/2025, regardless of revenue.

Amount Raised : $9,900
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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