Business For Sale

WOW Rita's Italian Ice NV Area Developer 15 Shops!

Las Vegas, NV
Clark County

Develop 15 choice locations


Asking Price: Annual Revenue:
$176,600 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert


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RE: WOW Rita's Italian Ice NV Area Developer 15 Shops! Broker: John Allen Dees
Owner Financing is Available!
To qualified buyers 50% down balance over 12 months

Quick Facts

Asking Price: $176,600
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 333744695
Broker Reference #: BBN-Rita-RD-NV

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Business Overview:

PRICE REDUCED FOR QUICK SALE!

This is an incredible opportunity to own the area developer rights for Rita's Italian Ice for 15 locations in NV. Current owner is absentee living in CA with a full-time corporate job and was unable to develop the market.

How do you know when a franchise brand is doing well for its franchisees? Look at how many are being resold. For 600 plus locations, Rita's has one of the lowest numbers of available resale opportunities of a franchisor. People who own Rita's tend to keep them longer because they generate such good returns.

In addition to the area developer rights, the opportunity comes with two license agreements worth $30,000 each.

From a front porch in Philly to an international presence, Rita’s Italian Ice franchise has become one of the most beloved frozen treat businesses in the world! Compare Rita's Italian Ice businesses to any of the ice cream and yogurt opportunities out there and you will see why this 34-year-old franchise is the favorite over all others.
• Nation’s No. 1 Franchise Among Specialty Ices – Entrepreneur
• Top 100 in Entrepreneur’s Franchise 500
• Top 25 Franchise High Performer – Wall Street Journal
• Best Custard/Ice Cream – Zagat’s
• No. 2 among “Chains ranked by likelihood of customer return” – Nation’s Restaurant News

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Available Ritas in Clark County and other counties. This includes Las Vegas! Own the rights to develop or open 15 locations.

Market Competition and Expansion:

Rita’s franchise into a flexible array of spaces, so that you can take advantage of a great spot with potentially lower real estate costs. Franchisees can operate walk-up or walk-in stores with outdoor seating or indoor seating. We have in-line, end cap, free-standing and food court locations, and some even have drive-thrus for added guest convenience. It’s all about finding what footprint works best, in the best space available. Rita’s is a high-margin business. With simple operations and lower cost of goods compared to other foodservice brands, Rita’s franchise owners appreciate the chance to grow their revenues and their business through multi-unit ownership. With more than 600 locations in the United States and worldwide, Rita’s is already a big name, and our potential is even bigger. Rita's offer a scalable business for growth-focused entrepreneurs, with multiple ways to reach more guests and add revenue streams. Whether you’re looking to start with one store or a multi-unit agreement, we have plenty of room for you nationwide. Rita’s marketing efforts and community involvement boost business for franchisees by making them a neighborhood staple.

Reason for Selling:

Absentee living in CA. Needs a local developer.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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