About Mr. Goodcents Franchise
Mr.
Goodcents Franchise Systems offers franchise opportunities to establish and operate restaurants specializing in sandwiches and pasta meals.
Franchisees manage daily operations, serving a diverse menu that appeals to cost-conscious and health-oriented guests.
Mr. Goodcents Franchise Cost & Fees
Minimum Investment
$199K
Average Investment
$387K
Maximum Investment
$575K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $20,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3.5% of Gross Sales (National Marketing and Promotional Fund) | National brand fund |
| Total Investment Range | $198,500 – $574,600 | Includes build-out, inventory, working capital |
The investment range of $199K–$575K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee (3.5% of Gross Sales (National Marketing and Promotional Fund)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $20,000 | $20,000 |
| New Store Opening Project Management Fee | $5,000 | $15,000 |
| Site Analysis Fee | $5,000 | $10,000 |
| Architectural Fees | $3,000 | $10,000 |
| Leasehold Improvements | $50,000 | $175,000 |
| Computer System | $15,000 | $25,000 |
| Marketing Expenses | $5,000 | $25,000 |
| Equipment, fixtures, furnishings and smallwares | $45,000 | $130,000 |
| Signage | $5,000 | $25,000 |
| Insurance | $3,000 | $10,000 |
| Training, Travel and Living Expenses | $2,000 | $5,000 |
| Miscellaneous Restaurant Supplies | $2,000 | $5,000 |
| Uniforms | $500 | $2,000 |
| Initial Inventory | $5,000 | $10,000 |
| Security Deposits and Licenses | $1,500 | $7,600 |
| Additional Funds - Three months | $10,000 | $100,000 |
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 | $499 per month (Computer Systems, Maintenance, and Support) |
| Audit Fee | Cost of audit plus interest |
| Local Advertising | Up to 3% of Gross Sales |
| Advertising Cooperative | As determined by advertising cooperative, up to 3% of Gross Sales |
| PCI Assist and PCI Reach Assist Fees | $99 to $299 per month |
| Online Ordering Services | $199 per month |
| Goodcents Rewards Program | $99 per month |
| Online Training Program | $99 per month |
| Guest Feedback Complaint Resolution | $99 per month |
| Information Management Fee | Up to 2% of Gross Sales per month |
| Late Payment Fee | 1.5% of payment due |
| Interest | Greater of 1.5% per month or 3% over prime rate per annum |
| Liquidated Damages | $10,000 |
| Additional Training | Up to $500 per person per day plus travel expenses |
| Noncompliance Fee | $100 to $500 |
| Bookkeeping Services | $50 per hour |
| Relocation | Varies |
| Indemnification | Varies |
| Business Interruption Loss of Revenue Insurance Proceeds | 6% of insurance proceeds |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately 10 days |
| Classroom Training | 24 hours |
| On-the-Job Training | 80 hours |
| Training Location | Goodcents University (online), training facility in De Soto, Kansas, at a training Restaurant, and/or franchisee's Restaurant's location |
| Additional Training | Supplemental and refresher training programs may be required during the term of the franchise agreement at franchisor's designated time and place. Franchisor may charge up to $500 per day per person for additional training. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Description | You will not be granted an exclusive territory. You may face competition from other franchisees, from outlets that franchisor owns, or from other channels of distribution or competitive brands franchisor controls. Under a Multi-Unit Agreement, you are granted certain development rights within a designated Development Area, including a 10-day right of first refusal for the opening of additional Restaurants within the Development Area. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from date of execution |
| Renewal Term | Additional 10-year term equal to the then-customary term granted under franchisor's then-current form of standard Franchise Agreement |
| Renewal Fee | 50% of the then-current standard initial franchise fee in the then-current Franchise Agreement |
| Renewal Conditions | Written notice to franchisor at least one year before expiration; sign the then-current Franchise Agreement which may contain materially different terms including increased royalty fees, increased Fund contributions, increased other fees, and implementation of new fees; execute general releases; complete refresher training if required; be in compliance with all franchise agreement provisions; pay all amounts due to franchisor and affiliates |
| 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 and sign appropriate documents including Guaranty and Assumption of Obligations Agreement; franchisee must pay all amounts due; transferee must complete training; release and non-competition covenant required |
| Termination for Cause | Franchisee may be terminated for material breach including failure to pay royalties or fees, unauthorized use of Licensed Marks, abandoning or failing to operate the Restaurant for two consecutive days, material misrepresentation, conviction of a felony, insolvency or bankruptcy, failure to comply with laws, and other material defaults with notice and cure periods |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term of the franchise agreement, neither franchisee nor any Principal may directly or indirectly own, maintain, operate, engage in, or have any ownership interest in any Competitive Business within the United States. For 2 years after termination or expiration, neither franchisee nor any Principal may own, maintain, operate, engage in, or have an ownership interest in any Competitive Business located at or within a 15-mile radius of the location of the franchised Restaurant or within a 15-mile radius of the location of any existing Goodcents Restaurant or any Goodcents Restaurant under construction or under lease or purchase agreement. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Your Restaurant must be under the direct day-to-day, full-time supervision of you or an approved operating manager who has completed the initial training program. If an operating manager supervises your Restaurant, you must remain active in overseeing the operations conducted under the supervision of the operating manager. The operating manager is not required to have an equity interest in your franchise. The person responsible for day-to-day supervision assumes responsibilities on a full-time basis and may not directly or indirectly engage in any other business or other activity that requires any significant management responsibility, time commitments, or may otherwise conflict with your obligations. |
| Required Suppliers | Custom Foods, Inc. is the only approved manufacturer of frozen bread dough and cookies for the System. InfoKING Systems, LLC is the only approved supplier of the Computer System. |
| Supply Restrictions | Franchisees must purchase or lease goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, or comparable items related to establishing or operating the Restaurant from franchisor, its affiliates, or suppliers approved by franchisor that meet franchisor's standards and specifications. |
| Franchisor Revenue from Suppliers | In the fiscal year ending December 2024, revenue from approved suppliers based upon the purchase of products and services by franchisees was approximately 16% of total franchise operations revenue. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Franchisor does not offer direct or indirect financing. Franchisor does not guarantee any note, lease, or obligation. |
Mr. Goodcents Franchise Earnings — Item 19
Average Revenue
$552K
Median Revenue
$525K
Revenue Range
$227K – $911K
Sample Size
26 units
Past financial performance does not guarantee future results. Individual results will vary.
Mr. Goodcents Litigation & Risk Flags
Clean Litigation RecordMr. Goodcents 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 System Growth
Total Units
56
Franchised
55
Company-Owned
1
Mr. Goodcents currently operates 55 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 1 | 4 | 63 |
| 2023 | 0 | 3 | 60 |
| 2024 | 0 | 4 | 56 |
Transfers: 6 | Closures: 4
State Registrations
Registered in 13 states: HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Mr. Goodcents Franchise — FAQ
The total investment to open a Mr. Goodcents franchise ranges from $198,500 to $574,600, per their Franchise Disclosure Document. This includes the initial franchise fee of $20,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Mr. Goodcents charges a royalty fee of 5% of Gross Sales of gross sales, plus a 3.5% of Gross Sales (National Marketing and Promotional Fund) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Mr. Goodcents 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 to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Mr. Goodcents franchise owners report average revenue of $552K and median revenue of $525K. This is based on a sample of 26 units. Past performance does not guarantee future results.
Mr. Goodcents has been franchising since 1990. The FDD shows an investment range of $198,500-$574,600, a 5% 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 $20,000 and the total investment ranges from $198,500 to $574,600 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Food & Beverage Franchises
Interested in Mr. Goodcents?
Get free info on this franchise. We will send you a detailed FDD report by email.
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 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 or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com