Mr. Goodcents Franchise Systems Inc.

Mr. Goodcents Franchise Systems Inc.

Not Ranked

Initial Investment

LOW: $161,650
HIGH: $274,300

Change in Units

Promoted Opportunities

Company Profile

Founded

1988

Franchising Since

1990 (26 Years)

Corporate Address

8997 Commerce Dr. De Soto, KS 66018

CEO

Dave Goebel

About Mr. Goodcents Franchise Systems Inc.

Joseph Bisogno started out running a lemonade stand when he was 6, bought an ice cream truck at 18 and later purchased a gas station. In 1988, Bisogno started Mr. Goodcents Inc. after nearly 10 years of experience with the McDonald’s Corp.

The first Mr. Goodcents franchised location opened just 2 years later, and there are now more than 115 franchised restaurants nationwide. The locations offer dine-in, carry-out and delivery of salads, soup, pastas and submarine sandwiches ranging from traditional turkey, ham and cheese or meatball, to specialties like the Mr. Goodcents Combo, which features ham, bologna, salami and pepperoni.

Financials

Financial Requirements

Initial Investment

$161,650 - $274,300

Net-worth Requirement

$200,000

Liquid Cash Requirement

$50,000 - $75,000

Ongoing Fees

Initial Franchise Fee

$10,000 - $20,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3.5%

Financing Options

Mr. Goodcents Franchise Systems Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

  • 2007 - 446

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 20 days

Training at headquarters: 5 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 23rd, 2011

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