Rita's Italian Ice - Only Need $17,980 Down to Buy

Not Disclosed, MN

Asking Price: Annual Revenue:
$89,900 $96,382

Food & Beverage: Coffee, Cafe, Dessert

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RE: Rita's Italian Ice - Only Need $17,980 Down to Buy Broker: Joe Chiarello
Owner Financing is Available!
$17,980 down/$71,920 over 60 mos. @ 6%

Quick Facts

Asking Price: $89,900
Annual Revenue: $96,382
Net Profit: Not Disclosed
Cash Flow: $33,025
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 9
BBN Listing #: 7084955
Broker Reference #: 3403-15236

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Business Overview:

Only 20% down ($17,980) Seller Financing the rest! Owners are splitting up and priced to sell. In 2019 neither owner worked at the store and they did less in mobile sales since neither wanted to do them. Take this opportunity to get involved with this successful business and take it to the next level...it's a steal!!!

Rita's, whose business is Treats and mission is HAPPINESS, was founded more than 30 years ago. With over 600 stores around the world, Rita’s Italian Ice is a well-established company that offers a multi-product menu: Italian Ice, Frozen Custard, Milkshakes, Sundaes, Cookies, Brownies. Everyone loves dessert!

The store is ideally located in a sought-after commercial area. Also Included in this sale is one mobile unit license to support mobile operations. With catering and mobile events, there is an unlimited potential to generate lines of revenue.

The Franchisor provides full training at no additional cost. Become a business owner by 2020!

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:


Market Competition and Expansion:

National Brand. Limited.

Reason for Selling:

Seller has other full time position.

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 a franchise resale opportunity.

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