Italian Water Ice Reduced Price-Only $62,500 Down

Not Disclosed, MN

Asking Price: Annual Revenue:
$250,000 $224,351

Food & Beverage: Coffee, Cafe, Dessert

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RE: Italian Water Ice Reduced Price-Only $62,500 Down Broker: Joe Chiarello

Quick Facts

Asking Price: $250,000
Annual Revenue: $224,351
Net Profit: Not Disclosed
Cash Flow: $96,788
Total Debt: Not Disclosed
FF&E: $168,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 12
BBN Listing #: 98674955
Broker Reference #: 3403-15829

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Business Overview:

Lender pre-approved with only $62,500 down!! Rita’s didn’t invent Italian Ice, but they certainly made it cool. This store made a net income in 2020 COVID TIMES of $96,000! That’s what happens when you combine Italian Ice and happiness. This Rita's business has it all from walk-up service, events, food truck, push carts, CHC Field and more!!!
This is a great opportunity for someone to get into this already very successful business and grow it to new levels considering all the different avenues you can provide to the public.

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Property Features and Assets:

Assets= $254,000

Reason for Selling:

Focus on other business.

Additional Details:

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

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