Mr. Goodcents vs Taco Bell Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Taco Bell including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Goodcents Franchise
Taco Bell Franchise
Investment $211,432 - $431,843$152,250 - $3,049,100
Franchise Fee $35,000$25,000 - $45,000
Royalty Fee 6%5.5%
Advertising Fee 3.5%4.25%
Year Founded 19881962
Year Franchised 19901964
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee 60% of current fee-


Business Experience Requirements
 
Mr. Goodcents Franchise
Taco Bell Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• Multi-unit Operations Background

    Restaurant, retail and/or gas convenience experience

    Geographically Desirable

    Open to locate in a strategic market and have local market knowledge

    Experience/skills

    Run a successfull business, with p/l responsibility, and development experience

    Team Builder

    Experience in staffing and retaining employees, demonstrated leadership skills

    A culture fit with taco bell

    Commitment to world class operations with strong recognition mindset

    Financial Strength

    Minimum of $750,000 liquid assets and $1,500,000 net worth

    Financing Options
     
    Mr. Goodcents Franchise
    Taco Bell Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Mr. Goodcents Franchise
    Taco Bell Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 40 hours Available at headquarters, Additional training available
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, National media, Regional advertising
    Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed.

    		 Franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 25

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Mr. Goodcents Franchise
    Taco Bell Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Mr. Goodcents

    MR. GOODCENTS HAS DROPPED THE MR. AND IS NOW GOODCENTS DELI FRESH SUBS Joseph Bisogno started out running a lemonade stand when he was 6, bought an ice cream truck at 18 and later purchased a gas station. In 1988, Bisogno started Mr. Goodcents Inc. after nearly 10 years of experience with the McDonald's Corp. The first Mr. Goodcents franchised location opened just 2 years later, and there are now more than 115 franchised restaurants nationwide. The locations offer dine-in, carry-out and delivery of salads, soup, pastas and submarine sandwiches ranging from traditional turkey, ham and cheese or meatball, to specialties like the Mr. Goodcents Combo, which features ham, bologna, salami and pepperoni.

    Veteran Incentives  50% off franchise fee

    About Taco Bell

    After leaving the Marine Corps at 23, Glen Bell came home to San Bernardino, California and opened a hot dog stand. But his real interest was in alternative menu items, so he began selling tacos for 19 cents from a side window of the hot dog stand. When the tacos proved as popular as he had hoped, he started opening Taco Tia stands where tacos were the stars of the menu. In 1962, Bell sold the Taco Tia brand to his partners and opened the first Taco Bell in Downey, California. Franchising began two years later. Taco Bell is the country's driving Mexican-propelled snappy administration eatery (QSR) mark. We serve made-to-request and adaptable tacos and burritos, among other craveable decisions, and are the primary QSR eatery to offer American Vegetarian Association (AVA)- confirmed menu items. Taco Bell and our more than 350 establishment associations work over 6,500 eateries throughout the United States that gladly serve around 40 million clients consistently.

    Outside of our eateries, individuals can simply get to the Taco Bell mark through our Mobile Ordering and Payment App. In 2014, Taco Bell turned into the main QSR to dispatch a versatile application at eateries across the nation for both drive-through and feasting orders. Notwithstanding the portable application, individuals can arrange their most loved menu things by means of desktop on Ta.co or for conveyance through our association with DoorDash.

    While Taco Bell is fundamentally a U.S. mark, Yum! Brands managed to make it the Company's third worldwide brand. Outside the U.S., we have over 300 Taco Bell units in 24 nations, barring the Yum! China Division.

    The initial investment necessary to begin operation of a Taco Bell Express Unit ranges from $252,550 to $580,100 for a Custom Façade Unit, including $22,500 that must be paid to the licensor and $2,000 to $5,000 that must be paid to its affiliate for the first unit only.
    For a Power-Pumper or In-Line Unit, the total investment ranges from $345,950 to $701,100, including $22,500 that must be paid to the licensor and $3,500 to $5,000 that must be paid to its affiliate for the first unit only.
    The total investment necessary to begin operation of an existing restaurant ranges from $152,250 to $1,766,250 or more, excluding real property, all of which must be paid to licensor or an affiliate.

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