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RE:   Rita's Italian Ice Franchise For Sale Contact:  Robin Gagnon

Quick Facts

Asking Price: $98,000
Annual Revenue: $219,325
Net Profit: Not Disclosed
Cash Flow: $20,037
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 5
BBN Listing #: 10528096
Broker Reference #: 9046

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Business Overview:

Motivated Seller who says MAKE OFFER! Purchasing an Existing Franchise is not just quick, it also offers you the opportunity for brand recognition without having start from scratch. Purchasing this Rita's Italian Ice Franchise for Sale allows you to take advantage of sales of $216,000. This Rita's Italian Ice Franchise for Sale is a winner not only because of its simple to run concept, but also due to the loyal customers that love this national award-winning brand. Situated in the ever growing Vero Beach market that Located in the second most populous city in Indian River County. With a population over 15,000 there are plenty of potential customers here on the Treasure Coast! If you are looking for a way to start your own business, but don't want the hassle or expense of building everything from scratch then this Rita's Italian Ice Franchise for Sale is a great way get in the industry. While SBA lending is not available on this opportunity the Restaurant Brokers have lending resources that could offer a line of unsecured credit for the purchase for qualified buyers. The rent on this Rita's Italian Ice Franchise for Sale is a reasonable $2,100 every month and incorporates both the base lease and CAMS and other expenses charged by the landlord. The lease expires in 2023 but includes three additional five-year additional terms. The two weeks of manager training will help you be ready to go from day one since the training is comprehensive, and one of the most comprehensive in the industry. When you purchase an existing Rita's Italian Ice Franchise for Sale like this one, it comes with the methods, advertising, assistance and more of a major brand. The equipment and branding are in place at this existing location, and includes everything you need to continue serving up these sweet treats! The best part of purchasing Rita's Italian Ice Franchise for Sale this is you won't spend time waiting to purchase equipment, you can be ringing up your sales on day one! Marketing is handled at the corporate level you get a national brand trademark use, the process and framework for success. Royalties at this Rita's Italian Ice Franchise for Sale is charged on net sales and it is 6.5%. The marketing fee is 3% of sales. This Rita's Italian Ice Franchise for Sale is an easily recognized name which is the reason this business will not last long. Contact us to draft an agreement today.

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Property Features and Assets:

In the Front 2 Nelson Ritas BD 8 dip boxes freezers 2 Hamilton Beach Mix and Chill oper Milkshake Mixer 1 Whirlpool chest Freezer one in the back area 2 NSF Hand washing station Stainless one in back area 2 Electro Freeze Custard Machines 1 Counter top Display Refrigerator 1 2 topping hot Dispenser 3 assorted topping boxes with 4 or 5 compartments 1 floor Avanti Display Freezer 1 Clover Station with some extra Parts for back up Keurig coffee Maker 1 cup metal slide 3 rack cup rack 1 4 topping wall dispenser 2 large trash cans one in Back 2 small office size Trash cans 2 fire extinguishers 1 in back 2 tv menu displays 1 lighted Open signs Indoor Seating 3 tables and 6 chairs Back Room 1 Nsf 3 sink stainless 2 double door beverage air Refrigerator 1 Hobert 2 door Refrigerator 3 metal NSF storage racks 1 regular storage racks 1 NSF stainless work stations NSF stainless metal shelf 2 Electro Freeze RFC 3 single batch machines 1 small microwave assorted Utensils assorted scoops several ice and several hand scoops assorted ice containers with lids and product containers assorted measuring cups quarts gallons containers 1 rolling mop bucket with mop 2 floor fans office chair and desk

Market Competition and Expansion:

Located in the second most populous city in Indian River County. Known as Treasure Coast. Over 15,000 population.

Reason for Selling:

Other

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Relevant Links:

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