Investment
2020 Numbers are in! AUV Increased by $40,000!
(Based on Item 19 from our 2021 FDD, compared to the 2020 FDD, both based on the top 50% of our stores.)
Investment And Revenue Potential
Goodcents is granting franchising opportunities for both single and multi-unit developers. We have a strong presence in most of the Midwest and are actively looking for Area Representative franchisees in new markets throughout the U.S.
Total Investment: $324,550 to $499,100
Liquid Capital: $100k+
(Refer to our FDD Item 7 for specifics on startup costs.)
Net Worth: $200k+
Credit Score: 680+
Initial Franchise Fee: $30,000
For first location, $15k for each additional location.
Gross Sales 2020 AUV: $783,377
(Based on Top 50% of our stores in 2020)
(Refer to our FDD Item 19 for specifics on revenue projections.)
Estimated Initial Investment
(inline restaurant with 1,500-1,750 sq ft)
| Expenditures | Investment Range | |
|---|---|---|
| Leasehold Improvements | $125,000 | $192,500 |
| Equipment | $110,000 | $142,500 |
| NRO Project Mgmt & Architectural Fees | $14,750 | $35,000 |
| Franchise Fee | $15,000 | $30,000 |
| Working Capital (first 3 months) | $20,000 | $30,000 |
| Marketing Expenses | $7,500 | $15,000 |
| Signage | $9,000 | $15,000 |
| GOODCENTS Computer System | $8,500 | $9,000 |
| Initial Inventory & Supplies | $5,800 | $9,600 |
| Miscellaneous | $9,000 | $20,500 |
| TOTAL | $324,550 | $499,100 |
(Refer to our FDD Item 7 for specifics on startup costs.)
Sample Operating Income Statement
| Average Annual EBITDA1 | Average for All 10 | Between $400,000 - $500,000 | Over $500,000 |
|---|---|---|---|
| Number of Restaurants | 10 | 2 | 8 |
| Average Sales of Range | $834,635 | $448,380 | $931,198 |
| Total COGS | 33.27% | 39.09% | 32.93% |
| Gross Profit | 66.73% | 63.91% | 67.07% |
| Total Payroll Expense | 27.32% | 27.49% | 27.29% |
| Total Controllable Expenses | 11.56% | 15.29% | 11.11% |
| Profit After Controllable Expenses | 27.85% | 21.12% | 28.66% |
| Total Non-Controllable Expenses | 17.75% | 21.95% | 17.24% |
| EBITDA | 10.11% | -0.83% | 11.42% |
(Refer to our FDD Item 19 for details.)
