Full Answer
Is owning a Rita's profitable?
With simple operations and lower cost of goods compared to other foodservice brands, Rita's franchise owners appreciate the chance to grow their revenues and their business through multi-unit ownership. “Rita's is a high-margin business,” says South Carolina multi-unit franchisee Brett Hrovat.
How much does a Ritas owner make?
Average Rita's Italian Ice Owner yearly pay in the United States is approximately $30,000, which is 51% below the national average.
How much is a franchise for Rita's Ice?
The lowest you can expect to invest is $194,863 if you want to become a franchisee. $528,061 is the most that Rita's Italian Ice expects its owners will need to invest in a new location. The franchise fee to open a Rita's Italian Ice unit is $35,000. There are currently 543 Rita's Italian Ice units in operation.
How many Rita's locations are there?
547 stores To navigate, press the arrow keys.
How profitable is Italian ice business?
How much profit can an italian ice business make? A small scoop of water ice in a cup with a spoon costs around 35 cents to make and will sell well for two dollars. That is almost 600% profit! Italian ice has a long shelf-life if frozen, and it is rare to lose money through spoilage.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
What is the cost of a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
Who is the CEO of Rita's?
Linda Chadwick (Sep 23, 2017–)Rita's Italian Ice / CEO
Did Rita's Italian Ice go out of business?
We're sorry to say that we have reached the end of our journey here, and will be closing our doors permanently on January 15, 2022. Thank you so much for all the memories.
Where are most Rita's located?
There are 541 Rita's Italian Ice stores in the United States as of September 22, 2022. The state with the most number of Rita's Italian Ice locations in the US is Pennsylvania, with 194 stores, which is about 36% of all Rita's Italian Ice stores in the US.
Where was the first Rita's?
Philadelph... PABensalem, PARita's Italian Ice/Place founded
How much does it cost to open up a Smoothie King?
How much does it cost to open a typical Smoothie King location? The estimated initial investment for an inline or end-cap store can be between $320,301 and $585,465 (including a $30,000 franchise fee). The estimated initial investment for a free-standing drive-thru store can be between $723,501 and $1,184,865.
Is Ralph Italian ices a franchise?
Franchise Ralph's Famous Italian Ices Given the correct market conditions, skills and dedication, being a Ralph's Famous Italian Ices franchisee might be financially rewarding. Owning a Ralph's Famous Italian Ices franchise is a serious commitment and works best when you make a thoughtful, educated decision.
Are Italian ices Italian?
Italian Ice, interestingly, isn't Italian. It's an American invention that came out of New Jersey about 100 years ago. However, Italian Ice is based on an Italian creation called granita, which is a semi-frozen dessert, originally created in Sicily, that's made from sugar, water, and various flavorings.
What is Rita's standard shop?
A standard shop is the most common type of Rita’s shop, and can be operated seasonally or year-round. Standard shops include walk-up and walk-in service models and depending on the location, they may include indoor or outdoor seating. Franchise owners with at least one standard shop can also expand their business with a satellite unit ...
Is Rita's startup cost affordable?
Rita’s startup costs can be quite affordable, especially compared to other food service franchises. This is especially true once you consider the impact of the mobile options that allow you to increase sales opportunities with very modest additional investment.
When did Rita's Italian Ice open?
Guests have been loving our product since the first Rita’s opened in Philadelphia in 1984. Since then, Rita’s franchisees have opened close to 600 units that dish out happiness alongside ...
Why is Rita's so successful?
Rita’s has thrived because we provide unique frozen desserts that combine the best of American and Italian dessert traditions. The result is an experience unlike any other that has earned Rita’s a cult-like following. Rita’s has also thrived thanks to a business model that helps entrepreneurs start and grow a business that they love.
What do franchisees receive before opening?
Before opening, new franchisees receive assistance evaluating business locations. They receive initial training to help them run the business. Then they receive ongoing support to help them master their skills, and increase revenue and profitability.
Is Rita's frozen custard a franchise?
Depending on where you live, a frozen custard and Italian ice franchise may sound like a brand new concept. But Rita’s franchisees have been thriving for more than three decades. The recipe for success is fairly simple: Combine unique frozen treats and smiling service with a commitment to engaging with the community — and watch the smiles become contagious!
Background
Rita's Italian Ice is continuing to expand nationwide with 600 locations in 30+ states. Italian Ice and Frozen Custard are the two core products all of the treats on our menu, which helps simplify operations and keep our food costs low, both in terms of inventory and food waste.
Company Details
Established: 1984 First Unit Franchised: 1989 Franchised Units: 600 Company Owned Units: 0 States Available : Arizona - AZ Arkansas - AR California - CA (not available in Ventura county) Colorado - CO Connecticut - CT Delaware - DE Florida ‐ FL (not available the counties of: Brevard, Citrus, DeSoto, Escambia, Hardee,Hernando, Hillsborough, Highlands, Indian River, Lake, Manatee, Martin, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Sarasota, Seminole, St.
Support and Training Offered By Rita's Italian Ice
The Initial Training consists of online training, 5 to 6 days of training at the Cool University training facility located in Trevose, Pennsylvania and at least 4 days of in-shop training at a Certified Shop.
Franchises Similar to Rita's Italian Ice
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How much does it cost to franchise Rita's Italian Ice?
The minimum you would expect to invest in a Rita's Italian Ice location is $140,500. The most the franchisor could ask you to invest is $414,200 if you want to become a franchisee.
When did Rita's Ice start?
In 1984 Rita’s opened its first store with the simple intention to offer the best tasting, high quality Italian Ice around. Today, they own the category they virtually created, with over 500 open stores and 400 in development. Start your business!
What is Rita's signature product?
Rita’s signature product is their Italian Ice, which is much smoother than a snow cone and combines ice with real fresh fruit; made fresh daily at each location and served within 36-hours of mixing.
What is Capriotti's sandwich shop?
Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.
Is Rita's Italian Ice a franchise?
Rita's Italian Ice is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $150,000 .
What insurance do you need to open a Rita's?
This will include comprehensive general liability insurance, property and casualty insurance, statutory workers’ compensation insurance, employer’s liability insurance, umbrella insurance, and product liability insurance.
What equipment does Rita use?
This range reflects the cost of purchasing the standard equipment necessary to operate the Shop and incidental office equipment (including computer system). Standard operating equipment includes a minimum of 2 of Rita’s proprietary Italian ice batch machines, 3 dipping boxes, 2 soft-serve machines, a 2-door upright refrigerator, a 2-door upright freezer, 1 POS system terminal, a work top refrigerator, and the digital menu board system.
How long is initial training for franchisees?
The figures for training include moderately priced lodging accommodations, food costs, and automobile mileage expenses for two persons attending Initial Training for franchisees and managers for 9 days. If you reside in the Philadelphia metropolitan area and commute to training, your training costs are likely to be less.
