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Maid-Rite
2951 86th St.
Des Moines, IA 50322
800#:
Tel: (515) 276-5448
Fax: (515) 276-5449
E-Mail: [email protected]
Web Site: www.maid-rite.com
Contact: Ms. Tania Burt, Executive Vice President
MAID-RITE sandwich shoppes were founded in 1926 in Muscatine, IA. We are famous for out 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
Established: 1926
First Franchise: 1928
Franchise Units: 70
Company-Owned Units: 3
Total Units: 73
Distribution:
U.S. -- 73;
Canada -- 0;
International -- 0
-North America -- Operations in 8 States
-States/Provinces with Greatest Density: 47 in IA, 13 in IL, 6 in MO
Projected New Units Over Next 12 months:
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: (Click here for an explanation)
Average Number of Employees: 2 FT, 10 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,800 SF; SC
(Click here for abbreviations)
Encourage Conversion:
Financial Requirements
Cash Investment: $50-100K
Total Investment: $125K-1.2MM
Average Total Investment: $300.0K
Minimum Net Worth: $500K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 3%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: Yes
Expand In Territory: yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance:
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 40
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 1-2 Weeks Owner; 1-2 Weeks Manager; 1 Week On-Site Grand Opening.
Franchisor's Specific Expansion Plans
U.S.: Midwest, FL, CA, CO
Canada:
Overseas:
Note: NR = No Response by Franchisor.
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