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Home >> Restaurants (Sit-Down) >> Sandwich Restaurants
| Maid-Rite 2951 86th St. Des Moines, IA 50322 |
Submit an online form to receive information from Maid-Rite.
|
Business Description
Maid-Rite Sandwich Shoppes were founded in 1926 in Iowa. We are famous for our loose meat sandwiches. We are an affordable franchise choice with assistance for a turn-key restaurant. We have a training school for franchisees to assist in learning all aspects of restaurant operations.
Franchisor Background
Year Established: 1926
Franchising Since: 1928
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 2 Full-time, 10 Part-time
Space Needs (in square footage): 600-1,800 square feet
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
Maid-Rite Sandwich Shoppes were founded in 1926 in Iowa. We are famous for our loose meat sandwiches. We are an affordable franchise choice with assistance for a turn-key restaurant. We have a training school for franchisees to assist in learning all aspects of restaurant operations.
Franchisor Background
Year Established: 1926
Franchising Since: 1928
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 72 | 97.3% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 2 | 2.7% | |||||||||||||||||||||||||||||
Total Operating Units: | 74 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Iowa | 39 |
| 2. Illinois | 17 |
| 3. Missouri | 10 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $50-100K |
| Total Investment: | $125K-300K |
| Average Total Investment: | $300K |
| Fees: | |
| Initial Franchise Fee: | $35K |
| Average Franchise Fee: | $35K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | 3% |
Space Needs (in square footage): 600-1,800 square feet
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 3 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | Yes, for 0 Year(s) | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 40 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Included in Fees | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Owner | 1-2 Weeks | ||||||||
| 2. Manager | 1-2 Weeks | ||||||||
| 3. On-Site Opening Assistance | 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Maid-Rite.
|
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