Rita's

Video
Rita's
Average: 4.3 (4 votes)

Rita's was founded in 1984 by former Philadelphia firefighter Bob Tumolo with a recipe that he purchased from an elderly neighbor that he then adjusted to enhance the flavors and include real fruit. Rita's originally advertised its product as "water ice", using the colloquial term for what is sometimes called "Italian ice" in other areas of the country. By 1987 a second store was opened, and in 1989 the family decided to franchise their business. Today, there are over 600 locations in 25 states and the District of Columbia. In May 2005, the company was sold to McKnight Capital Partners, a private equity group with extensive franchise experience.[2][3] McKnight Capital Partners recognized the organization’s growth potential and set into place plans to take the company to the next level.

In 2013, Rita's opened its first location outside of the United States in Shenzhen, China. Rita's has traditionally given out a free regular-sized water ice on the first day of Sprin

Country of origin 
US United States
Business established 
1984
Number of units (worldwide) 
600
Target countries 
AR AR
AU AU
AT AT
BR BR
BG BG
HR HR
CZ CZ
FI FI
FR FR
DE DE
HU HU
IT IT
MX MX
NO NO
PY PY
PE PE
PL PL
PT PT
MD MD
RO RO
RU RU
RS RS
SE SE
UA UA
AE AE
GB GB
US US
Contract type 
Contract duration (years) 
10
Investment level 
Please note that the legal and financial info presented here may vary, depending on the country and region. Prices are expressed in EUR and may have been converted from local currencies at the time of the listing.
 Newsletter
Subscribe to our newsletter
Subscribe to our newsletter and we will keep you updated with the latest franchise opportunities, news, events and more!