Asking Price: $80,045 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $60,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
PRICE REDUCED FOR QUICK SALE!
PRICE CUT IN HALF.
OFFERS A DEVELOPER SERIOUS CASH FLOW.
The owner has successfully developed Rita's area in CA and purchased the NV market but has been too busy with his CA market and other business to develop NV. Summer is coming and a person with the skills of a true developer can capitalize on this opportunity to build a business that will grow to offer security well into the future.
This is an incredible opportunity to own the area developer rights for Rita's Italian Ice for 15 locations in NV. Current owner is absentee living in CA with a full-time corporate job and was unable to develop the market.
How do you know when a franchise brand is doing well for its franchisees? Look at how many are being resold. For 600 plus locations, Rita's has one of the lowest numbers of available resale opportunities of a franchisor. People who own Rita's tend to keep them longer because they generate such good returns.
In addition to the area developer rights, the opportunity comes with two license agreements worth $30,000 each.
From a front porch in Philly to an international presence, Rita’s Italian Ice franchise has become one of the most beloved frozen treat businesses in the world! Compare Rita's Italian Ice businesses to any of the ice cream and yogurt opportunities out there and you will see why this 34-year-old franchise is the favorite over all others.
• Nation’s No. 1 Franchise Among Specialty Ices - Entrepreneur
• Top 100 in Entrepreneur’s Franchise 500
• Top 25 Franchise High Performer - Wall Street Journal
• Best Custard/Ice Cream - Zagat’s
• No. 2 among “Chains ranked by likelihood of customer return” - Nation’s Restaurant News
About the Business
Las Vegas, Nevada
Available Ritas in Clark County and other counties. This includes Las Vegas! Own the rights to develop or open 15 locations.
Rita’s franchise into a flexible array of spaces, so that you can take advantage of a great spot with potentially lower real estate costs. Franchisees can operate walk-up or walk-in stores with outdoor seating or indoor seating. We have in-line, end cap, free-standing and food court locations, and some even have drive-thrus for added guest convenience. It’s all about finding what footprint works best, in the best space available.
Rita’s is a high-margin business. With simple operations and lower cost of goods compared to other foodservice brands, Rita’s franchise owners appreciate the chance to grow their revenues and their business through multi-unit ownership.
Growth & Expansion:
With more than 600 locations in the United States and worldwide, Rita’s is already a big name, and our potential is even bigger. Rita's offer a scalable business for growth-focused entrepreneurs, with multiple ways to reach more guests and add revenue streams. Whether you’re looking to start with one store or a multi-unit agreement, we have plenty of room for you nationwide.
Rita’s marketing efforts and community involvement boost business for franchisees by making them a neighborhood staple.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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