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JORDAN CREEK MAID-RITE DINER

Seller: Attn: Brian Henderson
Location: Dallas, IA, USA
Listing Number: "1655"


Asking Price: $114,675 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Opened with intention of transfer to new owner
Year Established: 2006
Number of Employees: 6
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Maid-Rite restaurants have been a part of the Midwestern dining scene for over 80 years. In addition to Maid-Rite fresh ground beef sandwiches, the menu includes other fast-casual staples such as a breaded Tenderloins, home-maid chili, French fries, and thick hand-scooped malts and shakes. The Jordan Creek location was initially opened in 2006; however, sales growth was hampered by a lack of advertising and marketing, lack of adjoining mall tenants, and by limited street visibility. The original owner closed the business in 2009 and the parent corporation assumed ownership. Major improvements have since been made in visibility and access, customer awareness has been increased, more businesses have opened nearby, and this location was re-opened in April of 2009. This is now an opportunity to purchase a fully-operating restaurant with all equipment, staff, and systems in place, for significantly below the cost of creating from scratch.


Additional Details:


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