Turnkey Dessert Franchise

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Established, profitable, easy-to-operate, E2/EB5 Viable
Asking Price:
$220,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$90,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Become a business owner! This is a rare franchise resale opportunity to own a Rita's Italian Ice walk-in store.

Rita's, whose business is Treats and mission is HAPPINESS, was founded more than 30 years ago. With over 600 stores around the world, Rita’s Italian Ice is a well-established company that offers a multi-product menu: Italian Ice, Frozen Custard, Milkshakes, Sundaes, Cookies, Brownies. Everyone loves dessert - from kids to adults, and that gives us a huge audience to reach.

In addition to the store, also included in the sale is one mobile unit license to support mobile operations. With catering and mobile events, there is an unlimited potential to generate lines of revenue. The mobile cart can be utilized to support: corporate catering, parties, picnics, wedding, sports & youth events, carnivals, fairs, community/church/school events. Rita’s is always the perfect treat at every event!

Willing to work with E2 / EB5 investors.

Please send all inquiries using the Contact button on this listing.

About the Business

Year Established:
2016
Number of Employees:
8 PTE
Franchise:
Yes
Facilities:
~1,100 sqft. Low rent!
Website:
www.ownaritasfranchise.com
Market Outlook/
Competition:
The store opened in 2016 and is well-established. This is a great territory to own, with lots of potential for growth in the surrounding area. Located at the border of Apple Valley, Rosemount, Farmington and Lakeville. In an upscale and busy strip mall anchored by a Super Target store with a brand new elementary school, a sports complex, a Hy-Vee store and other businesses located in the same area. With walking, jogging, biking paths access from opulent young family-oriented communities, luxury senior living apartments and upcoming residential communities, growth opportunities are endless!!
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About the Sale

Reason For Selling:
Current job requires a lot of business travels.
Training/Support:
Training will be provided by the franchisor and current owner. An online reference library provided by the franchisor is also available. The business is currently functioning with trained staff and continuous franchise support.
Seller Financing:
SBA ready

Listing Info

Keywords:
MN, Minnesota, Apple Valley, Lakeville, Burnsville, Rosemount, Eagan, Dakota County, Rita's, Franchise, RFC, Dessert, Profitable, Established, Turnkey, E2, EB5, EB-5
ID:
1412652
Ad Detail Views:
82

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U.S. Census Data for Dakota County, MN
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Dakota County, MN
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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