Steps To Ownership
Ready to open your own Goodcents? Here’s what you can expect.
What We Look For In Franchisees
Total Investment: $333,550 to $499,700
(Refer to 2022 FDD Item 7 for specifics on startup costs.)
Liquid Capital: $100k+
Net Worth: $200k+
Credit Score: 680+
Total Investment:
$333,550 to $499,700
(Refer to 2022 FDD Item 7 for
specifics on startup costs.)
Liquid Capital: $100k+
Net Worth: $200k+
Credit Score: 680+
$$ AUV $$ = $917,160
(Based on Top 50% of our restaurants in 2021; refer to 2022 FDD Item 19 for specifics.)
Estimated Initial Investment
(Refer Item 7 of 2022 FDD for additional information.)
Type of Expenditure | Amount | |
Leasehold Improvements | $130,000 | $192,500 |
Equipment | $118,250 | $140,500 |
NRO Project Mgmt & Architectural Fees | $14,750 | $35,000 |
Franchise Fee | $15,000 | $30,000 |
Working Capital (first 3 months) | $20,000 | $30,000 |
Signage | $7,500 | $15,000 |
Marketing Expenses | $7,500 | $15,000 |
Initial Inventory & Supplies | $5,300 | $8,600 |
GOODCENTS Computer System | $8,250 | $13,500 |
Miscellaneous | $7,000 | $19,600 |
TOTAL | $333,550 | $499,700 |
Sample operating income statement
(Refer Item 19 of 2022 FDD for additional information.)
Average Annual EBITDA1 | Average for All 8 |
Number of Restaurants | 8 |
Average Sales of Range | $1,079,821 |
Total COGS | 33.77% |
Gross Profit | 66.23% |
Total Payroll Expense | 25.20% |
Total Controllables | 12.74% |
Profit After Controllables | 28.29% |
Total Non-Controllable | 16.20% |
EBITDA | 12.08% |
