Well Established Rita's Water Ice

www.GlobalBX.com

Listing ID: 700342179

Listing Title: Well Established Rita's Water Ice

Quick Link: http://www.globalbx.com/listing.asp?bId=342179

Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: New Jersey

Area

City:

Asking Price Range: < $250K

Gross Revenues: $189,940

Cash Flow: $58,819

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2005

Number of Employees: 6 - 9

Business Description:
Rita's Water Ice PRICE REDUCED - Netting $57,000 ONLY 20% DOWN - $25,000! MAKE $41,046 FIRST YEAR AFTER PAYING DEBT SERVICE...THAT'S ALMOST HALF A YEAR TO GET YOUR INVESTMENT BACK! Bank financing already in place for a qualified buyer. In 2019 season they were up 9% in sales and have had 4 years straight with increased sales! They are open right now for 2020 and doing great even in this pandemic we are going through. This summer no one will be going on vacation and staying home so sales are going to be great since everyone will be around! This store is fully staffed for 2020 season and run absentee! This is a seasonal business operating 8 months a year. Room for growth, strong brand recognition, seasonal, increasing sales. There is a large strip center across the street. Dunkin Donuts, Quick Check. Regional high school down the street. This business is ideal for a hands on owner with minimal down to get started! Selling price:125,000 For more information,please contact Joe Chiarello @ 856-595-9010



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