Price Reduced! Rita's Italian Ice! Established Since 1994!

DE (Relocatable)

Price Reduced! Rita's Italian Ice! Established Since 1994!
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Asking Price: $189,900

Cash Flow: $74,995

Gross Revenue: $229,635

EBITDA: N/A

FF&E: $110,000

Inventory: $3,500

Established: 1994

Price Reduced! Rita's Italian Ice! Established Since 1994!

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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!

Detailed Information

Inventory:
Included in asking price
Employees:
12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand alone building. Total square feet 1075.
Financing:
Lender pre-screened with $37,980 down.
Support & Training:
Will train for 4 weeks @ $0 cost.
Reason for Selling:
Owners wish to retire.
Franchise:
This business is an established franchise
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Joe Chiarello

Business Listed By:
Joe Chiarello

Murphy Business & Financial Corporation

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