MergerPlace

Rita's Italian Ice!

Delaware


  • Asking Price: $199,900
  • Gross Income: $229,635
  • Cash Flow: $74,995
  • Real Estate: Not Disclosed
  • Inventory: $3,500
  • FF&E: $110,000
  • Listing ID: #211807
  • Established: 1994
  • Employees: 12 PT

Business Description

Rita’s Water Ice is a well know franchise for Ice, Custard and Happiness! This store was the first Rita's in Delaware, opened in 1994, so it has a lot of history! Some guests have been "regulars" here for awhile and keep returning each season. This Rita's has very clean tax returns which allows for bank financing. We already have a Pre-qual letter from bank to loan to a buyer with only putting down 20%. The building is stand alone with its own parking lot. Rita’s is a fun, fast paced business to own and only opened for 7 months out of the year!


Business Details

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

Company Information

Year Established: 1994
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 12 PT

Financial Information

Asking Price: $199,900
Gross Revenue: $229,635
Cash Flow: $74,995
FF&E: $110,000
Inventory: $3,500
Seller Financing Available: No

Property Information

Facilities:

Stand alone building. Total square feet 1075.

Reason for selling:

Owners wish to retire.

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Joseph Chiarello

Murphy Business Brokers