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