Carmela's Pizzeria parent completes financing for franchise program

March 4, 2014

Greenfield Farms Food Inc. announced today that it has closed the financing round for use in the first phase of Carmela's Pizzeria's national franchising program.

According to a news release, the initial phase of the national franchising program is development of the Franchise Disclosure Document, the legal document presented to prospective franchise buyers in the presale process. This funding will assure the FDD will be completed on a timely basis.

In addition, candidate review and screening for a national franchise director is continuing and an announcement is expected soon. The company is also working to complete the franchise operating system, collateral marketing materials and other legal documentation.

Topics: Financing and capital improvements, Franchising & Growth

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