Philadelphia Rita's Italian Ice Franchise

Philadelphia, PA
Philadelphia County

Asking Price: Annual Revenue:
$225,000 $197,934

Food & Beverage: Coffee, Cafe, Dessert

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RE: Philadelphia Rita's Italian Ice Franchise Broker: Robin Gagnon

Quick Facts

Asking Price: $225,000
Annual Revenue: $197,934
Net Profit: Not Disclosed
Cash Flow: $78,071
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 10
BBN Listing #: 86708096
Broker Reference #: 9486

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Business Overview:

Here's your chance to take over a money-making Rita's Italian Ice Franchise for Sale in Philadelphia today! SBA Lending Available for Qualified Buyers. Are you ready? It will be worth every penny - just think of all those dollars that will be rolling into YOUR pocket from the beginning! $197,934 in sales are generating $78,000 for an owner operator! Located in Philadelphia Market with great access to corporate support!

This store has had substantial growth and steady growth since opening in 2015. Ideal location in that is within walking distance to schools, restaurants, retailers, apartments and the park! This means you have a steady stream of customers always stopping in at this Rita's Italian Ice Franchise for Sale!

The use of their trademark, processes, and systems are part of the success of this Rita's Italian Ice Franchise for Sale offered by We Sell Restaurants. Royalties are 6% and are charged on sales. The marketing to promote this brand across the country is 2% of sales.

The reasons for buying an existing Franchise like this Rita's Italian Ice Franchise for Sale include verifiable results and the security of existing cash flow and a proven location. This 1200 square foot space that also has basement storage has a proven track record. The lease rate is $1800+RE Tax (NNN) per month. The initial lease will be 5-years and additional options to renew can be discussed with the landlord.

The other benefit of buying a successful and profitable Rita's Italian Ice Franchise for Sale like this one is the opportunity for lending. Our SBA and conventional lenders have already approved the business based on the strong cash flow and proven results. Bring just 20% to the table and your own good credit and experience.

Buying a major brand like Rita's Italian Ice Franchise for Sale can be an excellent investment with the support and training available. The Franchisor will provide you all of your needs, including hands-on coaching in the beginning! You also get access to valuable resources that are constantly updated, and have support team built in.

Want to know the best kept secret about this Rita's Italian Ice Franchise for Sale? The SEASON! An owner/operator of this location can earn $78,000 working just nine months a year! Spend the winter somewhere sunny and warm and come back to operate your profitable location throughout the spring, summer, and fall.

This Rita's Italian Ice Franchise for Sale is a fantastic deal for anyone looking for a profitable location, but doesn't want the headaches typically associated with the Restaurant Industry! Hurry this sweet deal won't last long!

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.

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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