Rita's Franchise

Italian ice, frozen custard, gelati & soft pretzels

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From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known. Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness. There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products! The total investment necessary to begin operation of a standard Rita s shop is between $175,500 and $435,000. These figures include between $50,000 to $55,000 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation of an express Rita s shop is between $121,100 and $309,900. These figures include between $33,000 to $33,500 that must be paid to the franchisor or its affiliate. If you enter into an agreement for a standard Rita s shop or express Rita s shop, we may offer you the opportunity to enter into an addendum to operate a Rita s satellite shop and/or a Rita s mobile unit. The total investment necessary to begin operation of a Rita s satellite shop is between $131,550 and $296,400. These figures include between $19,200 to $25,500 that must be paid to the franchisor or its affiliate. The total investment necessary to begin operation of a Rita s mobile unit is between $15,100 and $144,600. These figures include between $10,000 to $13,000 that must be paid to the franchisor or its affiliate.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Rita's, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Rita's website.

How much does it cost to open a Rita's Franchise ?

The investment required to open a Rita's Franchise is between $15,100 - $435,000 . There is an initial franchise fee of $10,000 -$30,000 which grants you the license to run a business under the Rita's name.

Individual Franchise Costs

  • Initial Investment:
    $15,100 -
  • Initial Franchise Fee:
    $10,000 - $30,000
  • Royalty Fee:
    6.50%
  • Advertising Fee:
    3%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    50% of current franchise fee

Expense In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
the SBA

Training
5 days at Cool University and 4 days on site

Support
Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations

Marketing
Ad slicks, National media, Regional advertising

Rita's Growth History

When did the first Rita's open? 1984
When did Rita's start Franchising ? 1989

Year U.S.A. Canada International Corporate
2007 494 0 0 8

50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time

Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia



How much does a Rita's Franchise owner make?

To calculate how much income a franchise owner can do at Rita's Franchise , may vary on factors like location, size etc. On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise ver_a. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial oper_ating costs like signage, furniture, decoration and renovations.

Initial Investment
$10,000 - $435,000
Initial Franchise Fee
$10,000 - $30,000
Royalty Fee
6.50%
Advertising Fee
3%
Term of Agreement
10 years
Renewal Fee
50% of current franchise fee
Latest News
Rita's To Test Gift/loyalty "cool Card"

2006-12-01
Rita's Water Ice Lets Customers Name New Product

2006-10-28
Rita's Opens In Haymarket
Haymarket, Va
2006-09-22
Rita's Opens In Virginia Beach

2006-09-11
Rita's Announces Major Expansion Push

2006-09-08
Rita's In Royersford To Celebrate 10th Anniversary With Daylong Anniversary Party
Royersford, Pa
2006-09-07
Rita's Opens In Manayunk
Manayunk
2006-08-23
Rita's, The Nation's Largest Italian Ice Chain, To Open Its First Atlanta Locations
Atlanta
2006-08-21
Willamsburg Field Musick To Be Featured At Rita's Grand Opening Celebration
Williamsburg, Va
2006-08-18
Rita's Opens In Bowie
Bowie, Md
2006-08-10
Rita's 'Cool Wheels' Helps Bresler & Reiner, Inc. And Acorn Development Corporation Raise Nearly $ 20,000 For Alex's Lemonade Stand
Blue Bell, Pennsylvania
2006-08-09
Fund Raiser For Victim Of Rare Baseball Accident
Pequannock, Nj
2006-08-07
Rita's "cool Wheels" To Make Special Appearence At Pediatric Brain Tumor Benefit

2006-08-07
Family Of Entrepreneurs Opens New Holland's First Rita's
New Holland, Pa.
2006-07-26
Aloha Spirit Comes To Sewickley At Rita's Grand Opening
Sewickley, Pa
2006-07-26
Nation's Largest Italian Ice Chain Opens Second Store In Myrtle Beach
Myrtle Beach, S.c.
2006-07-18
Boyertown Rita's To Show Support For Childhood Cancer Victims With Head Shaving Event
Boyertown, Pa
2006-07-12
Rita's, The Country's Largest Italian Ice Chain,to Host First-ever Franchise Seminar In Atlanta July 19
Atlanta
2006-06-27
Nation's Largest Italian Ice Chain To Rename Lemon Ice After Youngster Who Founded Childhood Cancer Charity: Alex's Lemonade Stand And Rita's Launch National Fund Raising Drive

2006-06-20
Italian Ice Eating Competition To Highlight Columbus Rita's 10th Anniversary Celebration
Columbus
2006-06-08
New Wall Street Journal Report Names Rita's To List Of Top 25 Franchise High Performers
Bensalem, Pennsylvania
2006-03-09
Rita's Inks 108 Franchise Deals In 2005; Frozen Dessert Chain To Open 1,500 Units By 2010
Bensalem, Pennsylvania
2006-02-15
Rita’s To Roll Out First At-home Consumption Product Offering
Bensalem, Pa
2006-01-30
SISTER RITA TO BE SPECIAL GUEST SCOOPER AT RITA’S IN BENSALEM
Bensalem, PA
2005-09-23
RITA’S IN LINGLESTOWN AND SWATARA SQUARE TO DONATE PORTION OF SALES TO HURRICANE RELIEF
Harrisburg, PA
2005-09-23
RITA’S ON CAPE ST. CLAIRE ROAD TO HOLD FUND RAISER FOR HURRICANE KATRINA VICTIMS
Annapolis, Md
2005-09-21
RITA’S IN FREDERICK AND CHAMBERSBURG RAISE CLOSE TO $5000 FOR FIGHT AGAINST PEDIATRIC CANCER
Philadelphia, Pa
2005-09-15
Rita's Water Ice Cool for Owners
Philadelphia
2004-03-17 View All
Rita's Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Rita's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Rita's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.