Maid-Rite Franchise

Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.

Maid-Rite Franchise Wiki

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Maid-Rite Corporation’s franchise restaurants have been serving their signature “loose meat” ground beef sandwiches since 1926. While at one time there were as many as 400 Maid-Rite restaurants in small midwestern towns, only some 60 to 80 stores now remain in business. They are something of an institution in eastern Iowa and Illinois, with a few locations in Missouri, Nebraska, Wisconsin, and Minnesota as well.

The chain was a fast food pioneer decades before McDonald’s entered the scene, but it did not have the centralized effort and resources to partake in the franchising boom of the 1960s and 70s. The Maid-Rite franchise was loosely managed during this period and, as a result, Maid-Rite restaurants differ significantly from one another in their menus, decor, and store hours. Most of the franchises are locally owned and have a strong local flavor.

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The parent company owns only two locations. Although the restaurants are little known outside their home territory, many people who grew up near a Maid-Rite developed a strong attachment to the restaurant. One store even operates a mail-order business that ships frozen sandwiches as far away as Texas and Florida. In 2002, a group of investors purchased the chain with ambitious plans to tighten operations and open hundreds of new Maid-Rites across the Midwest.

Maid-Rite Franchise Benefits

• Brand Recognition
• Low Cost of Entry
• Support from an Expert Team
• Reduced Risk for Startups
• A Vibrant And Growing Industry

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Maid-Rite Franchise Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

Maid-Rite Franchise Cost/ Investment / Price / Fee

A typical Maid-Rite franchise in a leased, 1,300-square-foot facility, including the franchisee fee, equipment, millwork, inventory, furniture, fixtures and working capital, costs between $250,000 and $350,000. For a freestanding restaurant, building and land costs are additional expenditures.

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Normally, initial out-of-pocket cash needed by a franchisee ranges from $50,000 to $125,000 to obtain bank financing for the remaining start-up costs, which corresponds to the total cost of the items mentioned above.

Maid-Rite Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

How Much Money Can I Make With A Maid-Rite Franchise 

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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply For Maid-Rite Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Contact details

Website

http://maid-rite.com/

Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

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FAQ (Frequently Asked Question)

Is Maid-Rite Franchise profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

How much does it cost to open Maid-Rite Franchise?

A typical Maid-Rite franchise in a leased, 1,300-square-foot facility, including the franchisee fee, equipment, millwork, inventory, furniture, fixtures and working capital, costs between $250,000 and $350,000. For a freestanding restaurant, building and land costs are additional expenditures.

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Normally, initial out-of-pocket cash needed by a franchisee ranges from $50,000 to $125,000 to obtain bank financing for the remaining start-up costs, which corresponds to the total cost of the items mentioned above.

Is Maid-Rite a Franchise ?

Yes, a franchise.

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.

If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.

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