Rita's Water Ice
Location: Pennsylvania > Philadelphia County > Philadelphia
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $160,000
Gross Revenue: $175,000
Cash Flow: $45,000
Cash Flow Comments: For owner-operator
Inventory: $3,000 (Not Included in Asking Price)
FF&E: $20,000 (Included in Asking Price)
Business Summary
Rita’s Water Ice located in a highly populated area with nearby schools. Parking lot accommodates ten cars. Significant foot traffic. Store has been in existence for over ten years with recent remodeling in compliance with franchisor standards. Very large store with 300 square foot serving area, 375 square foot prep area and 650 square foot back room/office/storage area. Current owner purchased store two years ago and has had sales growth each year.
About the Business
Year Established: 1997
Employees: 1 full time - 6 part time
Franchise: Yes
Facilities: Store has been in existence for over ten years with recent remodeling in compliance with franchisor standards. Very large store with 300 square foot serving area, 375 square foot prep area and 650 square foot back room/office/storage area.
Market Outlook and Competition: Sales have grown over past two years.
About the Sale
Reason For Selling: Other business interests
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