Ritas Italian Ice Franchise W/10 Year Lease
Brooklyn, NY Kings County
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- RE: Ritas Italian Ice Franchise W/10 Year Lease
- Contact: Elliot Dweck
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $130,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2024 | |
| Employees: | 1 | |
| BBN Listing #: | 1006176 | |
| Broker Reference #: | 189597-529436 |
Business Overview:
Ritas Italian Ice Franchise w/10 year lease at only $2500/month!
Rita's Italian Ice & Frozen Custard is a well known franchise ices brand. This store is located in Coney Island on Surf Avenue, which is the perfect area for a Rita's store. This brand new store is located in the busy Coney Island train station with an extremely below market rent of just $2,500 with a new 10 year lease. Owner spent 350k acquiring the franchise license and building out the space last year. Sale includes 130k of new equipment. This store was just relocated 2 blocks down and the former location did over 600k/year. Seller will pay any transfer/franchise fees due. Rita's does not collect any royalty on sales.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Other Interests. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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