Price Reduced following a great 2026 Season! Positioned along the first block of Rehoboth Avenue next to Louie’s Pizza in the heart of downtown Rehoboth Beach, this rare opportunity offers the sale of a fully built-out, second-generation food service operation with proven seasonal revenue and established customer recognition.
The Rita’s franchise has successfully operated at the location since 2017 and occupies an approximately 2,000 SF space featuring seating for approximately 24 patrons, upgraded storefront glass installed in 2023, dual HVAC systems replaced in 2025, a 50-gallon grease trap, and excellent street frontage, pedestrian visibility, and signage exposure along one of Delaware’s premier coastal retail corridors.
All furniture, fixtures, and equipment are included in the sale, and the franchise is optional, allowing a buyer to continue the existing Rita’s operation or introduce a new concept. Existing lease structure is in place through 12/31/2026 with a new 10-year option available.
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Listing Snapshot
Price
$200,000
Days On Site
13 Days
Bedrooms
N/A
Inside Area (SqFt)
0.0 sqft
Total Baths
2
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1970
MLS® Number
DESU2120934
Status
Active
Property Tax
$7,225
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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