Rita's at the Beach for Sale in NJ

Not Disclosed, NJ

Asking Price: Annual Revenue:
$50,000 $187,943

Food & Beverage: Coffee, Cafe, Dessert

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RE: Rita's at the Beach for Sale in NJ Broker: Joe Chiarello

Quick Facts

Asking Price: $50,000
Annual Revenue: $187,943
Net Profit: Not Disclosed
Cash Flow: $15,195
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 14
BBN Listing #: 99854955
Broker Reference #: 3403-14410

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Business Overview:

Be a business owner at the beach by next summer! Inside and outside service selling Water Ice and Ice Cream to the locals and tourists of a small Victorian resort town. Situated across from the beach and at the center of many events throughout the season, which stays busy all day with customers coming off the beach, attending concerts, enjoying the stores and restaurants around the area or simply walking back to their hotel. Its an enjoyable steady paced business in spring/fall but extremely busy. Who doesn't love Rita's!

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Property Features and Assets:

The store is located in a strip center and has 720 square feet of space. Total Assets; $115,000.

Market Competition and Expansion:

Many opportunities for growth! Some examples would be additional catering events though hotels and cart opportunities at festivals and fairs. Making delivery an option would add to sales, as well as expanding the season, or even opening a satellite location at the local mall.

Reason for Selling:

Owner is selling for personal family reasons.

Additional Details:

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

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