Log In/Sign Up
Your email has been sent.
Turnkey Business for Sale! 47 Rehoboth Ave 5,000 SF Retail Building Rehoboth Beach, DE 19971 $295,000 ($59/SF)
Investment Highlights
- Prime Rehoboth Avenue Location
- Fully Built-Out Turnkey Operation
- Proven Seasonal Revenue
- All FF&E Included - Franchise Optional
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
B
Year Built
2017
Price
$295,000
Price Per SF
$59
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.11 AC
Zoning
TN
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 334-14.18-6.00 | Improvements Assessment | $22,900 |
| Land Assessment | $30,000 | Total Assessment | $52,900 |
Property Taxes
Parcel Number
334-14.18-6.00
Land Assessment
$30,000
Improvements Assessment
$22,900
Total Assessment
$52,900
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Turnkey Business for Sale! | 47 Rehoboth Ave