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 $333,300 to $509,100. 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 2023 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?
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.