Rita’s Frozen Ice Franchise Available – Rochester

$164,900

Description

DESCRIPTION:

  • Rita’s is a  Monroe County NY east side Franchise  shop
  • Specializing in Italian Ice and other popular desserts including Custard
  • Has been operating since 2013
  • It is a seasonal operation from March to October
  • There is Low overhead / High profit Margins
  • Approximately 1000 sq feet of retail space
  • Indoor seating for 10-12 people with an outdoor patio for additional seating
  • Hours of business are 12 PM -9 PM daily

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):

  • Furniture, fixtures and equipment at a fair market installed value of $ 100,000
  • Inventory at cost of $ 15,000

LEASE ARRANGEMENTS:

  • Current lease is $2,330.53 per month gross with options to renew

SALES AND SDE

2024 2023 2022 2021
SALES $328,996 $308,360 $ 298,058      $ 218,804
SDE $ 34,447 $   53,788      $   42,155

 

 

 PRICE/FINANCING:

  • Asking price is $ 164,900, and seller financing is negotiable to a qualified buyer 
  • Seller will pay $17,500 which is half of the Franchise Fee

COMMENTS:

An ideal owner operator or investor business opportunity. additional income up to $50,000 a year can be discussed. This is through mobile cart and catering off premise. Expanding catering through parties, school function and corporate events will increase revenue. Currently the mobile cart is used for festivals and stadium sales that include Bills training camp and CMAC. The equipment and facility are spotless and owners will train the buyer for a 2-week period.

  • Country United States
  • Province/State

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Rita’s Frozen Ice Franchise Available – Rochester

Stuart P. Levy

Senior Business Adviser