About Goodcents Unit 2023 FDD Franchise
Mr.
Goodcents is an established quick service restaurant franchise offering a menu of freshly made sub sandwiches and pasta entrees.
Operating through Mr.
Goodcents Unit 2023 FDD Franchise Cost & Fees
| 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 | Contributions to Advertising Cooperative are credited to your requirement to spe | National brand fund |
| Total Investment Range | $60,000 – $150,000 | Includes build-out, inventory, working capital |
The investment range of $60K–$150K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Sales) and marketing fee (Contributions to Advertising Cooperative are credited to your requirement to spe) are ongoing costs paid as a percentage of gross sales.
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 6% of Gross Sales2 |
| Renewal Fee | 50% of the then-current initial franchise fee |
| Technology Fee | Up to 2% of Gross Sales |
| National Marketing and Promotional Fund | 3.5% of Gross Sales2 |
| PCI Assist and PCI Breach Assist Fees | $20 |
| Liquidated Damages4 | $100,000 |
| Late Payment Fee | 10% of payment due |
| Interest | Greater of 1.5% per month or 3% over prime rate per annum not to exceed max allo |
| Training5 | $500 |
| Relocation | $5,000 |
| Information Management | Up to 2% of Gross Sales |
| Online Ordering Services | $59 |
| Goodcents Rewards Program | $150 |
| Online Training Program | $75 |
| Guest Feedback & Complaint Resolution | $40 |
| Bookkeeping Services | $100 |
| Non-Compliance Fee | $250 |
| Business Interruption/Loss of Revenue Insurance | You must pay us 6% of the insurance proceeds of any business interruption or los |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are in compliance with the Development Schedule and Performance Standard, you may be allowed to exercise right of first refusal to open additional Restaurants. If you are in good standing you m |
| Termination for Cause | GOODCENTS may terminate Multi-Unit Agreement for failure to develop Restaurants. No default under the Multi Unit Agreement shall cause a default under a Franchise Agreement unless there is an independ |
Goodcents Unit 2023 FDD Franchise Earnings — Item 19
Goodcents Unit 2023 FDD does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Goodcents Unit 2023 FDD Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Goodcents Unit 2023 FDD System Growth
Goodcents Unit 2023 FDD currently operates 61 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Goodcents Unit 2023 FDD Franchise — FAQ
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