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Established Rita's Italian Ice - Foley Al
Location: United States -> Alabama -> Foley
Industry: Food and Beverage > Other Food and Beverage



Business Summary

PRICE REDUCED! BELOW ASSET VALUE.

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.

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.

Financials
Asking Price Range:  < $250K
Gross Revenues:   $209,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $74,700
Seller Financing:  Yes

About The Business
Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale
Management Training and Support:  Full
Reason For Selling:  The sellers are operating and spend their time




Print Listing Id: 700375654


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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