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Listing ID: 3006429

Rita's of Kent For Sale

Kent, King, Washington, United States

$ 285,000

Revenue: $ 217,000

Cash Flow: $ 11,000

Business Description

This is an opportunity for a business owner to enter the market with a growing national franchise, Ritas Italian Ice and Frozen Custard, now firmly planted on the west coast in CA, NV, AZ and WA with over 600 locations nationwide. This store is centrally located in Kent WA at the Marketplace at Lake Meridian, in close proximity to "good neighbors" including Trader Joes, 24 Hour Fitness, Bartell Drugs, Mod Pizza and many more. A new owner has strong growth opportunities by adding catering, mobile and satellite sales. The store has performed well relative to its comparable peers early on, social media ratings are consistently high, and the store has invested strongly in community presence (school events, catering, Little League, etc) resulting in strong customer loyalty and return frequency. Strong sales growth can be readily accomplished by growing the still relatively untapped catering and mobile events markets, the stores forthcoming launch of additional warm baked goods, and the as yet unused "fixed satellite location" portion of the franchise agreement. As a courtesy to current staff, please communicate about this opportunity in a confidential manner with KR Business Brokers only. Owner is selling for relocation reasons. This is a perfect opportunity for you to own this growing franchised business, by getting in early before additional stores are developed throughout the state.

Property Details


1134 sq ft

Years Established:


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