FREQUENTLY ASKED QUESTIONS
Do you finance?
No. We have relationships with lenders whom we can put you in touch with. We are pre-approved by the Small Business Administration and listed on their "Franchise Registry".
Can I choose my own location?
You are responsible for the selection of a site, however; the site does require franchisor approval. As a Mr. Goodcents® Subs and Pastas franchisee you are required to use an independent contractor, selected by us, that provides assistance in locating the site(s) for your restaurant(s); negotiating a lease for the site of your restaurant and coordinates construction and development of your restaurant.
Can I open a Mr. Goodcents® Subs & Pastas in a state that doesn’t already have one?
Yes, our Area Development Program is offered in every city, state and zip code throughout the United States.
How long is training?
The Mr. Goodcents training program is scheduled for approximately 30 days. The training program consists of classes
conducted at the Mr. Goodcents R&D and Training Facility or at other designated locations with on-the-job training
furnished at one of Mr. Goodcents' Restaurants.
Do I buy my food products from Mr. Goodcents?
No. Mr. Goodcents does require purchase of approved products. These products are delivered by our approved national distributors.
Can I have more than one restaurant?
Yes. Area development is available. A designated number of restaurants and a designated area is agreed upon with scheduled time-line for unit openings.
What is the Franchise License renewal fee?
Your franchise agreement can be renewed at 60% of the current fee for an additional 10 years.
How much will it cost to open a Mr. Goodcents?
| a. | Total opening costs vary depending on location,
size of the restaurant, and necessary build-out costs. Some areas
of the country are also higher due to economics of the area.
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b. | Typically you can expect to spend anywhere from $150,000-$200,000. This figure includes your franchise fee, 3 months working capital, build-out, equipment, marketing, and most other expenditures you incur for your restaurant.
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c. | Most banks are requiring 25%-35% down for an SBA Loan. |
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