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Established Rita’s Italian Ice – Foley AL

RestaurantsFor Sale in Foley, AL

Listing ID: BLP-Ritas-FAL | Broker Listing ID: BLP359287

Financial & Assets Details

$209,307
$74,700
$12,500
Yes

About the Business

2013
5
Yes

Business Description

PRICE REDUCED FOR QUICK SALE!! Seller must move on to other business interest. $50,000 and it's yours.

This is an absentee owned and manager operated Rita’s Italian Ice located in Foley AL. It is a beautiful Rita's currently serve approximately 250 customers per week. The location and established presence in the community makes this an attractive opportunity.
The Rita's located in Foley AL has been operational for 8 years.
The opportunity is unique as the owners are hands off and pay a manager $40,000 per year to operate the business.
The shop also serves as a commissary to support the included Rita's mobile assets which allow for offsite Italian Ice sales throughout the Foley community.
The owners wish to sell the franchise with all assets including the mobile unit and trailer, truck, mobile cart and one mobile license to others who are energetic and wish to make this business thrive.

Growth & Expansion

The Rita's mobile units allows you to sell Italian Ice at events taking place at parks, sports fields, parties, and concerts. Rita's Foley is located ½ mile from the Foley Sports Tourism OWA Parks & Resort, and has been serving events there since their inception, 2017. The offer also includes access to additional beach (pool side) resorts for mobile sales.

Franchise Resale:

Speak with broker

Market Competition:

Rita’s Italian Ice Foley AL is centrally located in Foley, Alabama. The location is excellent for serving the Foley market!
The 1,400 sq foot shop has seating for 20 guests and strategically situated between Tanger Outlets and Publix, in the heart of Foley. The surrounding businesses ensure constant traffic in the area and customers to the Rita's.
The shop also serves as a commissary to support the included Rita's mobile assets which allow for offsite Italian Ice sales throughout the Foley community.

Location Details:

1600 sq foot shop. Lots of parking. located ½ mile from the Foley Sports Tourism OWA Parks & Resort, and has been serving events there since their inception, 2017. The offer also includes access to additional beach (pool side) resorts for mobile sales.

Support & Training

Full

Reason for Selling:

Owners are absentee and spend no time with business.

Listing ID: BLP-Ritas-FAL

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