About Mr. Goodcents Unit Franchise
Mr.
Goodcents is a fast casual restaurant franchise featuring fresh sliced deli subs and homemade pasta dishes.
Since 1991, the brand has built a reputation for quality that comes from preparing food fresh in each restaurant, including slicing premium meats and cheeses to order and making pasta sauces daily.
Mr. Goodcents Unit Franchise Cost & Fees
Minimum Investment
$334K
Average Investment
$417K
Maximum Investment
$500K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3.5% of Gross Sales | National brand fund |
| Total Investment Range | $333,550 – $499,700 | Includes build-out, inventory, working capital |
The investment range of $334K–$500K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (3.5% of Gross Sales) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $15,000 | $30,000 |
| New Store Opening Project Management Fee | $7,250 | $20,000 |
| Architectural Fees | $7,500 | $15,000 |
| Leasehold Improvements | $130,000 | $192,500 |
| Equipment (includes freight, décor, fixtures, furnishings, and smallwares) | $118,250 | $140,500 |
| Signage | $7,500 | $15,000 |
| Insurance | $1,000 | $5,100 |
| Travel & living expenses while training | $500 | $5,000 |
| Miscellaneous Restaurant Supplies | $300 | $800 |
| Uniforms | $500 | $1,500 |
| Initial inventory - Food & Paper | $5,000 | $7,800 |
| Security deposits, licenses | $5,000 | $8,000 |
| Additional Funds – 3 months | $20,000 | $30,000 |
| GOODCENTS Computer System | $8,250 | $13,500 |
| Marketing Expenses | $7,500 | $15,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Equal to the initial franchise fee established in the then-current Franchise Agreement |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Technology Fee | $299 per month |
| Audit Fee | Cost of audit plus interest |
| PCI Assist and PCI Breach Assist Fees | From $25 to $75 per month |
| Income Taxes | Will vary under circumstances |
| Late Payment Fee | 10% of payment due |
| Interest | Greater of 1.5% per month or 3% over prime rate per annum not to exceed maximum allowed by state law |
| Training | Up to $500 per person per day plus all travel expenses |
| Relocation | $5,000 |
| Information Management | Up to 2% of Gross Sales |
| Online Ordering Services | $188 - $350 per month based on online sales volume |
| Online Training Program | $40-$100 per month |
| Indemnification | Will vary under circumstances |
| Guest Feedback & Complaint Resolution | $45-$75 per month |
| Bookkeeping Services | $100 per hour |
| Cost & Attorneys’ Fees | Will vary under circumstances |
| Non-Compliance Fee | $250 to $1,000 for deviations from operational requirements/brand standards |
| New Supplier Approval | Reasonable costs and expenses incurred in approving supplier |
| Business Interruption/Loss of Revenue Insurance Proceeds | Will vary under circumstances |
| Local Advertising | Up to 3% of Gross Sales |
| Advertising Cooperative | As determined by Advertising Cooperative |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 30 days |
| Classroom Training | 14 hours |
| On-the-Job Training | 210-215 hours |
| Training Location | GOODCENTS’ training facility in De Soto, Kansas or other designated facilities, and on-the-job training at one of the GOODCENTS Training Restaurants. |
| Additional Training | Franchisor may require supplemental and refresher training programs. Fees up to $500 per day plus travel expenses may be charged. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | May vary based on market and economic factors, could be one or more counties in rural areas, a portion or all of a metropolitan statistical area (MSA) in heavily populated major cities, or a portion or all of one state or states. |
| Description | For Multi-Unit Agreements, a "Development Area" is described in Schedule A. For single unit franchises, no exclusive area is granted, and the right to operate is at a single approved location. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10-year period |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Renewal Conditions | Notify franchisor one year before expiration, sign then-current Franchise Agreement, pay renewal fee. New agreement may have materially different terms (e.g., increased royalty, ad fund contributions, other fees). |
| Transfer Fee | Equal to the initial franchise fee established in the then-current Franchise Agreement |
| Transfer Conditions | Franchisor has the right to approve all transfers but will not unreasonably withhold approval. New franchisee must qualify, pay transfer fee, assume obligations, pay all amounts due, lessor consent, sign release and non-compete covenant, complete training. |
| Termination for Cause | Failure to meet development requirements, failure to submit reports/pay amounts due, immediate threat to public health/safety, unauthorized assignment/transfer, insolvency, bankruptcy, final judgment unsatisfied, dissolution, execution levied, foreclosure suit, sale after levy, material misrepresentation, unauthorized use of IP, abandonment, failure to operate, failure to complete training, understatement of royalty fees, violation of covenants. |
| Non-Compete Period | During term of franchise: No involvement in competing business anywhere in U.S. After termination/expiration: two years. |
| Non-Compete Details | During term: No involvement in competing business anywhere in U.S. After termination/expiration: No competing business for two years within 15 miles of your location or within 15 miles of another GOODCENTS franchise. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisee (or approved managing partner, shareholder, or managing member) must exert full-time efforts and supervise day-to-day operations. If an operating manager supervises, the franchisee must remain active in overseeing operations. |
| Required Suppliers | Franchisor, its affiliates, or approved suppliers. Custom Foods, Inc. is the only approved manufacturer of frozen bread dough and cookies. InfoKING Systems, LLC is the only approved supplier of the Computer System. Profit Plus Business Solutions, LLC is an approved supplier of accounting services. |
| Supply Restrictions | Franchisee must purchase or lease goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, or comparable items from franchisor, affiliates, or approved suppliers. Strict conformity with franchisor standards and specifications is required. Franchisee must submit written requests for approval of new items/suppliers. |
| Franchisor Revenue from Suppliers | GOODCENTS revenue from approved suppliers: $536,095.76 (16.3% of total franchise operations revenue) for fiscal year ending Dec 31, 2021. Custom Foods, Inc. revenue from frozen dough: $1,820,389.71 for fiscal year ending Dec 31, 2021. InfoKING Systems, LLC revenue from software/hardware: $295,614.24 for fiscal year ending Dec 31, 2021. Profit Plus Business Solutions, LLC revenue from accounting services: $93,675.00 for fiscal year ending Dec 31, 2021. Generally, 1% to 20% of the purchase price of food products and supplies purchased by franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisees of GOODCENTS are eligible for expedited Small Business Administration (“SBA”) loan processing through SBA’s Franchise Registry Program, www.franchiseregistry.com. |
Mr. Goodcents Unit Franchise Earnings — Item 19
Average Revenue
$724K
Revenue Range
$224K – $1.3M
Sample Size
54 units
Past financial performance does not guarantee future results. Individual results will vary.
Mr. Goodcents Unit Litigation & Risk Flags
Clean Litigation RecordMr. Goodcents Unit has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Mr. Goodcents Unit System Growth
Total Units
63
Franchised
63
Company-Owned
0
Mr. Goodcents Unit currently operates 63 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 1 | 70 |
| 2020 | 0 | 9 | 61 |
| 2021 | 2 | 0 | 63 |
Transfers: 7 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$3.3M
Net Income
$347K
Total Assets
$1.6M
Audited by bergankdv for year ending December 31, 2021.
Mr. Goodcents Unit Franchise — FAQ
The total investment to open a Mr. Goodcents Unit franchise ranges from $333,550 to $499,700, per their Franchise Disclosure Document. This includes the initial franchise fee of $30,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Mr. Goodcents Unit charges a royalty fee of 6% of Gross Sales of gross sales, plus a 3.5% of Gross Sales contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Mr. Goodcents Unit Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Mr. Goodcents Unit to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Mr. Goodcents Unit franchise owners report average revenue of $724K. This is based on a sample of 54 units. Past performance does not guarantee future results.
Mr. Goodcents Unit has been franchising since 1991. The FDD shows an investment range of $333,550-$499,700, a 6% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $30,000 and the total investment ranges from $333,550 to $499,700 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Mr. Goodcents Unit and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Mr. Goodcents Unit or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com