Maid-Rite Franchise
Thursday, April 29, 2010 at 11:00PM Loose-meat sandwiches
We invite you to take part in the American dream of owning and operating your own business to achieve your personal goals for success. Our proven track record, of serving our customers for over 82 years, speaks for itself.
The personal satisfaction of owning your own business is just a few clicks away. See why Maid-Rite makes excellent business sense. Find out how easy it is to operate a Maid-Rite with our extensive franchisee training program and our A to Z Operating Manual. With Maid-Rite, you could be owning and operating, your own franchise within 60 to 150 days after completing your franchise application. The secret to success is getting started!
Doing it "The Rite Way"
As a Maid-Rite franchisee you will have the opportunity to do it the Maid-Rite way by attending Maid-Rite University, an educational program conducted at our national headquarters, in Des Moines, Iowa. In both classroom settings and also through on-the-job training in our restaurant facilities, we will train you to operate and manage your Maid-Rite restaurant successfully for growth and profit.
Make the "Rite" choice today to let us know of your interest in becoming a proud owner of a successful Maid-Rite franchise.
Regional Developer Franchise Opportunities -- United States
Master Franchises Available -- International
Contact us by phone, fax or e-mail to receive additional information about owning and operating your very own Maid-Rite Restaurant.
Start-up Costs & Franchises Fees
What is the total cost to open a Maid-Rite Franchises?
Total Cost: $129,000 USD -$336,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1K
Contact Information for Maid-Rite
|
Maid-Rite Corp. |
Phone Number: (515)276-5448 |
Maid-Rite In the Press
No results at this time.Historical Expansion
In what year did Maid-Rite begin operations? 1926
When did Maid-Rite begin selling franchises? 1926
Year United States Canada International Corporate 2003 70 0 0 2 2002 80 0 0 2 2001 78 0 0 2 2000 75 0 0 2 1999 70 0 0 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): a leasing company
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
12% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 8 - 14
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes