Rita's Water Ice - Netting $82,000

New Jersey

  • Asking Price: $125,000
  • Gross Income: $246,416
  • Cash Flow: $82,821
  • Real Estate: Not Disclosed
  • Inventory: $175,000
  • FF&E: Not Disclosed
  • Listing ID: #218188
  • Established: 2005
  • Employees: 1 FT/8 PT

Business Description

In the 2020 season, they were up 28% in sales from previous year and have had 5 years of straight increased sales! This is a pandemic proof business! They are opening right now for 2021 season so get in now! A new lease is in place with a reduction of $600 a month saving. A new owner will get an extra $7,200 more a year to their net income! The warm weather is around the corner so do not miss this opportunity to make great money for a business that is only open for 7.5 months netting $82,000!

This store is fully staffed for 2021 season and run absentee!!! This is a seasonal business operating 7.5 months a year. Room for growth, strong brand recognition, seasonal, increasing sales.

There is a large strip center across the street. Dunkin Donuts, Quick Check. Regional high school down the street. This business is ideal for a hands-on owner.

Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT/8 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $246,416
Cash Flow: $82,821
Inventory: $175,000
Seller Financing Available: No

Property Information

Reason for selling:

Downsizing from 3 to 2 businesses.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers