This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. If you are a resident of a U.S. state or a country that regulates the offer and sale of franchises, are receiving this message in one of those states or countries, or intend to operate a franchise in any of those states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.
Frequently Asked Questions
FAQs
Total opening costs vary depending on location, size of the restaurant, and necessary build-out costs. Some areas of the country have higher opening costs due to the economics of the area.
Typically, you can expect to spend anywhere from $327,800 to $514,850. This figure includes your franchise fee, three months of working capital, build-out, equipment, opening marketing, and most other expenditures you incur for your restaurant. For a breakdown of costs that are included in this number, please reference Item 7 of the 2024 FDD.
Financial requirements vary based on the number of restaurants in development. The liquid capital assets requirement is $100,000 per location.
The majority of Goodcents franchisees finance through their local bank or the Small Business Administration.
6% Royalties and 3.5% Ad Fees
While it’s an advantage to have restaurant experience, Goodcents has successful franchisees from all walks of life. Franchisees should have solid business and management experience with a strong desire to be involved in creating the ultimate guest experience.
Yes, Goodcents works to secure the best quality products at the best prices for franchisees through standardizing vendor relationships.
Goodcents offers a variety of prototypes including endcap, drive-thrus, in-line and free-standing buildings that vary from 1,500 to 1,750 sq. ft.
As a Goodcents franchisee you automatically get our assistance in locating the site(s) for your restaurant(s); negotiating a lease for the site of your restaurant, and coordinating construction and development of your restaurant.
The Goodcents training program is scheduled for approximately 20 days and consists of on-the-job training furnished at one of Goodcents’ restaurants plus classes conducted at the Goodcents Support Center.
Yes! Multi-Unit and Area Representative opportunities are available. We will agree upon a minimum number of restaurants and a specific geographic area with a scheduled timeline for unit openings.
Your franchise agreement can be renewed at 50% of the current fee for an additional 10 years.
