MergerPlace

Rita's Italian Ice in South Jersey

New Jersey (Ocean)


  • Asking Price: $125,000
  • Gross Income: $140,850
  • Cash Flow: $51,630
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $125,000
  • Listing ID: #206728
  • Established: 2000
  • Employees: 7 PT

Business Description

Rita's is BOOMING! This is your chance to get into the business with the world's largest and BEST Italian ice business. Only open 7 months out of the year netting over $50,000! This location has become very involved in the community through strong (and transferable) relations with 3 local elementary schools, the high school, as well as youth sports in the area. Business is well established and profitable. Great opportunity for a new owner for the upcoming busy season! Financing available with 20% down.


Business Details

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

Company Information

Year Established: 2000
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 7 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $140,850
Cash Flow: $51,630
FF&E: $125,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a strip mall with 4 other businesses.

Growth & expansion opportunities:

The owner suggests opening additional stores in this geographic area as a major potential for growth. The customer base is there.

Reason for selling:

Location of the store is too far from owner's current home.

Contact Business Seller

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Business Listed By:

Joe Chiarello

Murphy Business Brokers