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Business For Sale

Jordan Creek Maid-Rite Diner

Dallas, IA, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$114,675
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
6
71127370

Business for Sale Overview:

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Opened with intention of transfer to new owner

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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