Business Summary:
Successful fast food franchise in an active commercial area of Eastern Pennsylvania with a huge population of residents and businesses and close to a major intersection. This location has onsite parking in an urban heavy vehicle and pedestrian traffic neighborhood. This business opportunity affords the owner to take off 3 to 4 months yearly. The facility is close to a new active public school with thousands of young students. Rita s originated in 1984 and has now developed to a well know company with 561 locations in 18 states. This location was opened in 1999 with a new design and this location is opened from March 1 to October. Rita s has been consistently ranked as a top desert franchises in the United States. The products that are offered include
water ice, Gelati s, Minto s, Blendini s, pretzels, and water. This store has had a yearly increase in sales each year of operation and expects a substantial growth for the 2012 year. The sale includes a full commercial kitchen specifically for this Ice food product, refrigeration, POS computer system, numerous displays, etc. The facility has a Fast Food walk up counter which serves a large volume of customers. Parking: Ample private and municipal parking is available and part of the lease agreement. The business is active seven months yearly with hours from 11:00 am to 9:00 pm, seven days per week. The business requires franchise approval to serve this food product. The sale includes a long term corporate lease agreement with a yearly rent of $17,500. Public utilities, water, gas, electric, telephone and a complete expense list are available. The business has a substantial markup due to
the low cost of goods with an average gross margin of 70%.
The present owner is absentee and will offer training and
post closing assistance to the new owner.
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