MergerPlace

Italian Water Ice Reduced Price-

Minnesota


  • Asking Price: $250,000
  • Gross Income: $224,351
  • Cash Flow: $96,788
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $168,000
  • Listing ID: #222164
  • Established: 2014
  • Employees: 12 PT

Business Description

Lender pre-approved with only $62,500 down!! Rita’s didn’t invent Italian Ice, but they certainly made it cool. This store made a net income in 2020 COVID TIMES of $96,000! That’s what happens when you combine Italian Ice and happiness. This Rita's business has it all from walk-up service, events, food truck, push carts, CHC Field and more!!!
This is a great opportunity for someone to get into this already very successful business and grow it to new levels considering all the different avenues you can provide to the public.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Minnesota

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 12 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $224,351
Cash Flow: $96,788
FF&E: $168,000
Seller Financing Available: No

Property Information

Reason for selling:

Focus on other business.

Support & Training:

Will train for 2 weeks @ no cost

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers