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- RE: Rita's Italian Ice-Lancaster PA
- Contact: Jeffrey Shelly
Quick Facts
| Asking Price: | $160,000 | |
| Annual Revenue: | $237,493 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $160,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 947241 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Rita's is a beloved establishment renowned for its delectable Italian Ices and creamy frozen custard. With flexible ownership, the current owner dictates their schedule and working days, offering the freedom for either hands-on operation or a more passive management approach. The business thrives as a seasonal operation, ideal for taking a well-deserved "winter break". All equipment necessary for seamless operation is included in the sale, accompanied by comprehensive training. With over three decades of Rita's legacy and backed by more than 600 units, this business promises not only stability but also remarkable growth potential, complemented by ongoing franchise support. It's an enticing venture for entrepreneurs seeking a flaverful investment with a proven and vibrant brand landscape.
All equipment is included in the sale of the merchandise. Â
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Property Features and Assets:
The 1000 square feet store has high visibility and is located at the entrance of large commercial park with additional stores as well as nearby food and clothing stores with ample parking.
Market Competition and Expansion:
Over the last year, sales increased over 20%. Demand remains high. Growth opportunities include acquiring corporate customers, developing relationships with local school districts and catering events.
Rita's is located along a major highway in Lancaster County with a lot of visibility. It is situated at the entrance to a large commercial park in the same center as several good and clothing stores.
Reason for Selling:
Owner is retiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
- View more Pennsylvania businesses for sale
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