Maid-Rite Sandwich Shop
The total investment to open a Maid-Rite Sandwich Shop franchise ranges from $48,500 to $270,000. The initial franchise fee is $49,250. Ongoing royalties are 4% plus a 3% advertising fee.
What is the Maid-Rite Sandwich Shop franchise?
Maid Rite Sandwich Shop is a restaurant where customers can order sandwiches and eat. Estimated total initial investment is $48,500 to $270,000. The initial franchise fee is $49,250.
The royalty is 4 percent of sales, and the advertising or brand fund fee is 3 percent. The franchise agreement term is 10 years.
The brand is headquartered in DES MOINES, IA. It was founded in 1926.
Loan Activity Score
19/100
SBA Default Rate
36.6%
Active Lenders
29
According to its Franchise Disclosure Document or public business records, Maid-Rite Sandwich Shop has 21 locations, all owned by franchisees. Public SBA loan records show 29 lenders made 41 loans to franchisees of Maid-Rite Sandwich Shop. PeerSense calculates Maid-Rite Sandwich Shop's score as 19 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1926 · 21 locations
$48,500 to $270,000
$49,250
21
21 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Maid-Rite Sandwich Shop
41
Total SBA loans
$132K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Maid-Rite Sandwich Shop
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
36.6%
vs 10.3% peer avg
SBA Loans
41
Total Volume
$5.4M
Active Lenders
29
2 selective
States
9
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Maid-Rite Sandwich Shop based on SBA lending data
SBA Default Rate
36.6%
26.3% above peer avg
SBA Loan Volume
41 loans
Across 29 lenders
Lender Diversity
29 lenders
Avg 1.4 loans per lender
Investment Tier
Mid range investment
$48,500 to $270,000 total
Maid-Rite Sandwich Shop: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2011
8 approvals. The best year on record for Maid-Rite Sandwich Shop.
Top SBA State
Iowa
24 SBA financed Maid-Rite Sandwich Shop locations, the densest operator footprint.
Average Loan Size
$132K
Median $97K. Use as a sizing anchor when modeling your own Maid-Rite Sandwich Shop unit.
Lender Concentration
22%
Moderately Spread
Share of Maid-Rite Sandwich Shop approvals captured by the top 3 SBA lenders.
Maid-Rite Sandwich Shop's SBA lending pipeline peaked in 2011 (8 approvals). Operator density is highest in Iowa with 24 SBA financed locations. Average funded ticket sits at $132K, with the median at $97K. Lender mix is moderately spread: the top three SBA lenders account for 22% of approvals. Borrowers have leverage to shop multiple credit boxes.
Payment Estimator
Estimated Monthly Payment
$502
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Maid-Rite Sandwich Shop, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman