Steps To Ownership

Ready to open your own Goodcents? Here’s what you can expect.

1. Complete The Form

2. INTRODUCTION CALL

We’ll answer initial questions and talk about qualifications.

3. EXPLORATORY CALL

We’ll get to know each other further and share important details.

4. SCHEDULE FDD REVIEW

You’ll speak with the VP of Franchise Development directly.

5. Application

Tell us about yourself, your finances, your pets (well, maybe not your pets).

6. DISCOVERY DAY

Visit our Support Center, tour our state-of-the-art breadmaking facility and meet team members who will be supporting you!

7. FRANCHISE AGREEMENTS

Upon mutual agreement, we will send you your Franchise Agreement and run a credit and background check on you.

8. OWNERSHIP

Plug into our brand and start your site selection, training and onboarding process!

What We Look For In Franchisees

Total Investment: $327,800 to $514,850
(Refer to 2024 FDD Item 7 for specifics on startup costs.)

Liquid Capital: $100k+

Net Worth: $200k+

Credit Score: 680+

Total Investment:
$327,800 to $514,850
(Refer to 2024 FDD Item 7 for
specifics on startup costs.)

Liquid Capital: $100k+

Net Worth: $200k+

Credit Score: 680+

$$ AUV $$ = $1,171,082

(Based on Top 25% of our restaurants in 2023; refer to 2024 FDD Item 19 for specifics.)

Estimated Initial Investment

(Refer Item 7 of 2024 FDD for additional information.)

Type of Expenditure

Amount

Leasehold Improvements

 $125,000

$170,000

Equipment

$117,800

$178,050

NRO Project Mgmt & Architectural Fees

$10,000

$29,500

Franchise Fee

$15,000

$30,000

Working Capital (first 3 months)

$20,000

$30,000

Signage

$7,500

$15,000

Marketing Expenses

$7,500

$15,000

Initial Inventory & Supplies

$5,500

$7,800

GOODCENTS Computer System

$11,500

$20,000

Miscellaneous

$8,000

$19,500

TOTAL

$327,800

$514,850

Sample operating income statement

(Refer Item 19 of 2024 FDD for additional information.)

Average Annual EBITDA

  Average for All 43 Restaurants

Under $500,000

Between $500,000 - $750,000

Over $750,000

Number of Restaurants

43 of 54

2 of 2

15 of 21

26 of 31

% of Restaurants (within the sample)

80%

100%

71%

84%

Average Sales of Range

$839,036

$395,550

 $614,803

$1,002,516

Median Sales of Range

$827,576

$395,550

 $614,944

$957,365

% of Restaurants (exceeding the average)

49%

50%

53%

50%

Number of Restaurants (exceeding the average)

21

1

8

13

Low/High of Range

$350,838 to
$1,412,331

$350,838 to
$440,262

$520,121 to
$713,863

$751,897 to
$1,412,331

Total Income

100.00%

100.00%

100.00%

100.00%

Total COGS

33.68%

38.75%

34.36%

33.33%

Gross Profit

66.32%

61.25%

65.64%

66.67%

Total Payroll Expense

26.26%

20.63%

25.06%

26.81%

Total Controllables

12.90%

17.77%

12.80%

12.82%

Profit After Controllables

27.16%

22.85%

27.78%

27.04%

Total Non-Controllable

16.54%

19.07%

18.62%

15.77%

EBITDA

10.62%

3.78%

9.16%

11.27%

Area Representative Opportunities

Let’s Talk

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