FAQ’s
HOW MUCH DOES IT COST TO OPEN A GOODCENTS RESTAURANT?
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.
WHAT ARE THE FINANCIAL REQUIREMENTS TO BECOME A FRANCHISEE?
Financial requirements vary based on the number of restaurants in development. The liquid capital assets requirement is $100,000 per location.
HOW DO MOST FRANCHISEES OBTAIN FINANCING?
The majority of Goodcents franchisees finance through their local bank or the Small Business Administration.
WHAT ARE THE ROYALTY AND ADVERTISING FEES FRANCHISEES PAY TO GOODCENTS?
DO FRANCHISEES NEED A RESTAURANT BACKGROUND TO OPEN A GOODCENTS?
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.
DO FRANCHISEES HAVE TO BUY FROM GOODCENTS APPROVED VENDORS?
WHAT ARE THE BUILDING OPTIONS FOR A TYPICAL GOODCENTS?
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.
WHAT IS THE FIRST STEP TO TAKE TOWARDS BECOMING A GOODCENTS FRANCHISEE?
Fill out the questionnaire at OwnAGoodcents.com or email an inquiry to [email protected].
CAN I CHOOSE MY OWN LOCATION?
HOW LONG IS TRAINING?
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.