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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$328K - $515K
Units as of 2024
65 Increase 3.2% over 3 years

Company Overview

Joseph Bisogno, founder and chairman of the board of Goodcents, started his BIZ Experiencesial journey running a lemonade stand at age 6, purchased an ice cream truck at 18, and later bought a gas station and used car lot–with a dream to one day own his own restaurant. After 10 years’ experience with the McDonald’s Corp., he started Mr. Goodcents Subs and Pastas in Lenexa, Kansas, in 1989.

Now known simply as Goodcents, the franchise is headquartered in De Soto, Kansas, and has more than 60 locations across nine states. The restaurants offer online ordering, dine-in, carry-out, drive-thru, and delivery of sub sandwiches, soup, and to-go meals.

About Goodcents

Industry Food
Related Categories Submarine Sandwiches, Sandwiches
Founded 1989
Parent Company Mr. Goodcents Franchise Systems Inc.
Leadership Collin Elder, Franchise Development Manager
Corporate Address 8997 Commerce Dr.
De Soto, KS 66018
Social Facebook, LinkedIn, Instagram

Business Overview

Franchising Since 1991 (34 years)
# of employees at HQ 24
Where seeking

This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming

# of Units 65 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Goodcents franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$30,000
Initial Investment Information Circle
$327,800 - $514,850
Net Worth Requirement Information Circle
$200,000 - $250,000
Cash Requirement Information Circle
$50,000 - $100,000
Veteran Incentives Information Circle
$5,000 off franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
3.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Goodcents has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 210-215 hours
Classroom Training 14 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 10
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Goodcents landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by BIZ Experiences Media. Our listings and rankings are solely research tools you can use to compare opportunities. BIZ Experiences stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022