Ritas Italian Ice Franchise w/10 year lease at only $2500/month!
Business Description
Rita's Italian Ice & Frozen Custard is a well known franchise ices brand. This store is located in Coney Island on Surf Avenue, which is the perfect area for a Rita's store. This brand new store is located in the busy Coney Island train station with an extremely below market rent of just $2,500 with a new 10 year lease. Owner spent 350k acquiring the franchise license and building out the space last year. Sale includes 130k of new equipment. This store was just relocated 2 blocks down and the former location did over 600k/year. Seller will pay any transfer/franchise fees due. Rita's does not collect any royalty on sales.
About the Business
- Years in Operation
- 2
Real Estate
- Owned or Leased
- Leased
- Rent
- $2,500.00 per month
- Lease Expiration
- 12/31/2034
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2472852
- Listing Views
Listing ID: 2472852 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 full Terms of Use. Learn how to avoid scams.
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