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Earn $78,000 at this Philadelphia Rita's Italian Ice Franchise for Sale

Here's your chance to take over a money-making Rita's Italian Ice Franchise for Sale in Philadelphia today! SBA Lending Available for Qualified Buyers.  Are you ready? It will be worth every penny - just think of all those dollars that will be rolling into YOUR pocket from the beginning!  $197,934 in sales are generating $78,000 for an owner operator!  Located in Philadelphia Market with great access to corporate support!
 
This store has had substantial growth and steady growth since opening in 2015.  Ideal location in that is within walking distance to schools, restaurants, retailers, apartments and the park!  This means you have a steady stream of customers always stopping in at this Rita's Italian Ice Franchise for Sale
 
The use of their trademark, processes, and systems are part of the success of this Rita's Italian Ice Franchise for Sale offered by We Sell Restaurants.  Royalties are 6% and are charged on sales. The marketing to promote this brand across the country is 2% of sales. 

The reasons for buying an existing Franchise like this Rita's Italian Ice Franchise for Sale include verifiable results and the security of existing cash flow and a proven location. This 1200 square foot space that also has basement storage has a proven track record.  The lease rate is $1800+RE Tax (NNN) per month.  The initial lease will be 5-years and additional options to renew can be discussed with the landlord.  

The other benefit of buying a successful and profitable Rita's Italian Ice Franchise for Sale like this one is the opportunity for lending.  Our SBA and conventional lenders have already approved the business based on the strong cash flow and proven results.  Bring just 20% to the table and your own good credit and experience. 

Buying a major brand like Rita's Italian Ice Franchise for Sale can be an excellent investment with the support and training available. The Franchisor will provide you all of your needs, including hands-on coaching in the beginning!  You also get access to valuable resources that are constantly updated, and have support team built in. 

Want to know the best kept secret about this Rita's Italian Ice Franchise for Sale?  The SEASON!  An owner/operator of this location can earn $78,000 working just nine months a year!  Spend the winter somewhere sunny and warm and come back to operate your profitable location throughout the spring, summer, and fall. 

This Rita's Italian Ice Franchise for Sale is a fantastic deal for anyone looking for a profitable location, but doesn't want the headaches typically associated with the Restaurant Industry!  Hurry this sweet deal won't last long!
 

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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Franchises for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 9486
  • Price: $225000
  • Location: Philadelphia

Lease Term: Five years from and Options to be negotiated

Monthly Rent: $1800,

Indoor Seating: NA

Inside Sq. Ft: 1200,

Hood System: n

Hours Open: 11:30 AM - 10 PM Varies according to season

# of Part-Time Employees: 8

# of Full-Time Employees: 2

Net Sales: $197934.00

Owner Benefit: $78071

Features

  • Earn $78,000 on this proven location
  • Simple to run concept with no late nights, no frying, no alcohol
  • Take the winters off and still make a great salary being the owner/operator
  • $1,800 NNN lease on 1200 sq foot space with basement storage
  • Great location within walking distance to shopping, restaurants, parks and more
  • A fraction of the cost of a startup
  • Franchise for Sale
Earn $78,000 at this Philadelphia  Rita's Italian Ice Franchise for Sale

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For Additional photos, financial information and equipment list

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