Iceberg Drive Inn vs Maid-Rite Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Iceberg Drive Inn vs Maid-Rite including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Iceberg Drive Inn Franchise
Maid-Rite Franchise
Investment $132,500 - $556,000$99,375 - $141,500
Franchise Fee $25,000$60,000
Royalty Fee -6%
Advertising Fee -2%
Year Founded 19601926
Year Franchised 20011926
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Iceberg Drive Inn Franchise
Maid-Rite Franchise
Experience --

Financing Options
 
Iceberg Drive Inn Franchise
Maid-Rite Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Iceberg Drive Inn Franchise
Maid-Rite Franchise
Training --
Support --
Marketing --
Operations -12% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 8 - 14

Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Expansion Plans
 
Iceberg Drive Inn Franchise
Maid-Rite Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Iceberg Drive Inn

The first Iceberg Drive Inn was opened by Lamar Sorensen on April 12, 1960.  A local ice cream machine salesman named Hap Vitale had the idea for a building with a distinctive roof that served great milkshakes, burgers and fries.  He convinced Lamar to open this concept and Iceberg Drive Inn was born.  It was located on the corner of 900 East and 3900 South in Salt Lake City, Utah.  The building was originally designed to be moved after a few years as he was only renting the land at the time.  Many report that it was the first drive thru in the Salt Lake City area.  Lamar insisted that Drive Inn be spelled with two "n’s” as he felt it appeared friendlier to invite people to an "inn” rather than simply a "drive in”.

About Maid-Rite

Why Maid-Rite Makes Excellent Business Sense. We invite you to take part in the American dream of owning and operating your own business to achieve your personal goals for success. Our proven track record, of serving our customers for over 82 years, speaks for itself. The personal satisfaction of owning your own business is just a few clicks away. See why Maid-Rite makes excellent business sense. Find out how easy it is to operate a Maid-Rite with our extensive franchisee training program and our A to Z Operating Manual. With Maid-Rite, you could be owning and operating, your own franchise within 60 to 150 days after completing your franchise application. The secret to success is getting started!
Recognized Brand
Our familiar red and white octagon logo has graced the landscape of the Midwest for over eight decades. It is a tradition that we are proud of and you, as a franchisee, will find the Maid-Rite name to be a welcome icon of recognized familiarity and popularity.
Regional Developer Franchise Opportunities -- United States Master Franchises Available -- International Affordability Maid-Rite is the affordable choice. You can own and operate a single unit Maid-Rite franchise with an initial investment for as low as $200,000, which includes the franchisee fee, all equipment, furniture, fixtures, inventory, smallwares, signage and working capital in a leased premise. Financing and leasing options are available. Make the "Rite" choice today to let us know of your interest in becoming a proud owner of a successful Maid-Rite franchise.