Profitable Rita's Italian Ice and Frozen Custard Franchise for Sale in Virginia

Rita's

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Financial Details

Asking Price:
$599,000
Annual Revenue:
$424,665
Cash Flow / SDE:
$251,793
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
2.4x
Location:
VA, US
Source:
Date:
October 02, 2025

Key Highlights

Established and profitable Rita's Italian Ice and Frozen Custard franchise with a history dating back to 1984.
Expansion opportunity with a successful mobile trailer, increasing market presence.
Benefit from strong franchisor support, marketing, and a proven business model.

Description

This listing presents an exciting opportunity to acquire a profitable Rita's Italian Ice and Frozen Custard franchise located in Virginia. Established in 1984, this well-regarded business offers a delicious variety of frozen treats and has cultivated a loyal customer base. The business has recently expanded its reach with a successful mobile trailer, further enhancing its market penetration and revenue potential. As part of the nationally recognized Rita's Franchise Company, the new owner will benefit from robust franchisor support, including advertising, marketing, and operational guidance, ensuring a strong foundation for continued success. The sale includes Furniture, Fixtures, and Equipment valued at $195,000 and inventory worth $4,500. With Seller's Discretionary Earnings of $251,793 on sales of $424,665, this business is ideal for semi-absentee ownership. Additional prime expansion opportunities are also negotiable. This turnkey operation offers a proven model for entrepreneurs looking to enter the thriving frozen dessert market.

Industry Information

Industry Description:
Rita's Italian Ice and Frozen Custard Franchise
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1984
Employees:
3
Reason for Selling:
Other business interest

Real Estate & Lease

Status:
Not Specified
Monthly Rent:
$2,583 USD

Assets & Inventory

FF&E Value:
$195,000 USD
Includes FF&E:
Yes
Inventory Value:
$4,500 USD
Includes Inventory:
Yes

Broker Contact

Name:
Blair Grossman
Company:
Transworld Business Advisors
Email:
[email protected]
Phone:
(804) 335-1070

Listing Details

Listing ID:
ed6523a3-6474-40f6-a1dd-506a886e542b
Source Listing ID:
9525-481257
Deal Status:
For Sale
Last Updated:
October 02, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified