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Rita’s Italian Ice

A Brief History Rita’s Italian Ice is a […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1984
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $293,233
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 6.5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Rita's Italian Ice Franchise: A Sweet Opportunity

A Brief History

Rita's Italian Ice is a popular chain serving up delicious Italian ice, frozen custard, and other sweet treats. Founded by former firefighter Bob Tumolo, the company was named after his wife, Rita. Tumolo, who believed he could make a better Italian ice, created what was then called “water ice” with the help of his mother. Rita's opened its first store in May 1984 and quickly expanded. Today, there are over 500 locations across the US, making it a leading player in the frozen dessert industry.

Community Involvement

Rita's is known for its commitment to the community. They often give away free Italian ice on the first day of spring and support local fundraising events.

Franchise Opportunities

Are you interested in owning your own business? Rita's Italian Ice offers franchise opportunities. If you are considering opening a Rita's franchise, it's crucial to understand the financial requirements. You'll need to cover the initial franchise fee and startup costs. You will also be responsible for ongoing fees like royalty, advertising, and potential renewal fees. The company also has specific net worth and liquid capital requirements for franchisees.

Franchise Agreement

Typical franchise agreements with Rita's last for 10 years. You can choose to renew your agreement for a fee after the initial term if the franchisor wishes to continue the relationship.

What Makes Rita's a Great Choice?

Rita's is a family-friendly business that creates a welcoming space for people to gather and enjoy delicious treats. They also offer birthday party packages for both large and small celebrations.

Taking the First Step

Before making a commitment to a Rita's Italian Ice franchise, it's essential to do your research. Ask yourself:

  • Is there a need for a Rita's in your community?
  • Are there other similar businesses already in the area?
  • Do you think the community would welcome a Rita's franchise?

Rita's also provides training for its franchisees to help them succeed.

Support & Training offered by Rita's Italian Ice

Additional Information

Category Location N/A
Number of Units Open 533 (as of 2023)
Investment Range $293,233 - $672,995
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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