Business for Sale Overview:
RESTAURANT: Maid – Rite Sandwich Shoppes have been a familiar part of many Midwestern communities for over 80 years. In addition to Maid – Rite fresh ground beef sandwiches, the menu includes other fast – casual staples such as a breaded Tenderloin, chili, French fries, and hand – scooped malts and shakes. The owner of this location closed the business and turned ownership back to the bank after battling a number of issues stemming mainly from the property landlord going into foreclosure. A new property landlord has taken over. All equipment is in very good condition and ready for operation. The sale price, along with possible short – term concessions from the landlord and Corporate franchisor, make this an outstanding opportunity to own a widely – known sandwich shoppe for significantly less than starting a similar operation from scratch. Located in a busy Iowa City.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Furniture, Fixtures and Equipment: $232,800 Included in asking price.
Reason for Selling:
Other interests
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.