Priced Below Profits Must Sell

Brea, CA
Orange County

Asking Price: Annual Revenue:
$17,000 $160,929

Food & Beverage: Coffee, Cafe, Dessert

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RE: Priced Below Profits Must Sell Broker: Vernon Suemnicht

Quick Facts

Asking Price: $17,000
Annual Revenue: $160,929
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $54,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 6
BBN Listing #: 693944695
Broker Reference #: BBN-RIT-BRE

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Business Overview:

Due to family emergency owner must sell. Gross revenue was up 5% over 2017 sales. The location occupies a 1,400 square feet with 9 tables, so there is plenty of room for parties and gatherings. Sales for the first two years starting out were slow to develop due the owner’s wife being in a bad car wreck and him caring for her and the family taking him away from the business. They are needing to sell so that they can re relocate to AZ to be near family.

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Property Features and Assets:

Rita’s Italian Ice Brea, CA is located in the popular Berry Towne Center shopping center off of Imperial Hwy and N. Berry St. surrounded by residential neighborhoods, apartments, churches, schools and commercial businesses.

Reason for Selling:

Family Emergency.

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 not a franchise resale opportunity.

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