Rita's Italian Ice with Drive-Thru, Mobile Car, Hot Dogs, Locust Grove

Asking Price$485,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$446,180

Inventory$20,000
Included in asking price
FF&ENot Disclosed

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Rita's Italian Ice with Drive-Thru, Mobile Car, Hot Dogs, Locust Grove


Asking Price$485,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$446,180

Inventory$20,000
Included in asking price
FF&ENot Disclosed

Business Description
Rita’s Italian Ice is for sale. - $485,000, inventory is included. Open 12 months, not seasonal and includes a mobile operation for catering. This location is in the Top Tier in Sales.

Rita’s Italian Ice location is for sale and includes: Business with Drive Thru and outside and inside seating, Cart, Trailer, Generator. Store sells: Italian Ice, Frozen Desserts, Hot Dogs and Pretzels. Asking Price - $485,000, inventory is included.

This store is brand new and has it all. All the work is done with this turnkey store. It has full service with a drive-thru, all new equipment, outside seating, large carts, new trailer & generator. The rent is only $2,200 a month. In addition, this Rita’s is offering: Nathan’s All Beef Hotdogs and Milwaukie Bavarian Pretzels and is open all year long.

The Rita’s is located in Locust Grove Town Center surrounded by a kids dance studio, gourmet coffee shop, daycare, and a Dollar General store. The other shops in the center offer: Mexican restaurant, Chinese restaurant, Pizza & Subs, gas station, college nursing school, and a variety of smaller shops that bring high traffic to the area.

In addition, this Rita’s is surrounded by elementary, middle and primary schools, as well as a community college. Facing route 20 it is highly visible. Locust Grove is a suburb of Washington DC and Richmond, VA in the middle of Fredericksburg and Culpepper. Close by is Lake of the Woods community and other communities within a five-mile radius.

This store is a large 1900 square feet, walk-in full-service restaurant, seating with umbrellas outside and a drive-thru, with third party delivery for complete service. This store also comes with carts, trailer and generator for adding additional revenue with mobile service and catering events. Contracts for event catering in place with schools and county.

The store offers all the refreshing products that Rita’s is famous for such as: Italian Ices, Frozen Custard, Blendini, Concrete, Milk Shakes and Sundaes. In addition, this Rita’s is offering: Nathan’s All Beef Hotdogs and Milwaukie Bavarian Pretzels.

The location is open year-round with hours from Noon to 9 P.M. during the week and until 10 P.M. on weekends.
About the Business
Years in Operation
2
Employees
15
Franchise
This business is an established Rita's Italian Ice franchise
Facilities & Assets
All equipment, signage, carts, trailer, generator, office equipment and furniture inside and outside tables.
Market Outlook / Competition
There is no real competition in the Water Ice business. This product is unique.
Opportunities for Growth
There is always room for growth and expansion within the protected territory.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,900
Rent
$2,200.00 per month
Lease Expiration
12/13/2033
About the Sale
Seller Motivation
New owners are moving and need to sell.
Transition Support
Franchisor will train two new owners at the Corporate Office.
Financing Options
There is no seller financing.
Listing Info
ID
2264803
Listing Views
1909

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Business Listed by: Anthony Visconto AJV Consulting Group

Listing ID: 2264803 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.