Mr. Goodcents vs Firehouse Subs Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Goodcents Franchise
Firehouse Subs Franchise
Investment $211,432 - $431,843$57,502 - $868,696
Franchise Fee $35,000$20,000
Royalty Fee 6%6%
Advertising Fee 3.5%3-5%
Year Founded 19881994
Year Franchised 19901995
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 60% of current fee-


Business Experience Requirements
 
Mr. Goodcents Franchise
Firehouse Subs Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs!

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

    Training & Support
     
    Mr. Goodcents Franchise
    Firehouse Subs Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 40 hours -
    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 -
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    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.

    		-

    Expansion Plans
     
    Mr. Goodcents Franchise
    Firehouse Subs Franchise
    US Expansion YesYes
    Canada Expansion NoYes
    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 Firehouse Subs

    Our extraordinary steaming procedure stirs our exceptional meats and cheeses. At the point when our sub sandwiches are served in eateries highlighting genuine firefighting stylistic layout, this is a blend people return for over and over.
    Spreading Like Wildfire
    Surpassing 1,000 establishment areas, our Firehouse Subs development is deliberately figured to improve potential, gain, speculation, and obviously, our franchisees' prosperity.
    Operational Excellence

    With an always developing history of inventive items, an emphasis on uncommon client benefit, and a stand-out brand character, Firehouse Subs is focused on building benefit for franchisees.

    Enjoy More Subs Save More Lives

    The total investment necessary to begin operation of a single Firehouse Subs Restaurant ranges from $57,502 to $862,591 for Traditional restaurants; $355,118 to $644,047 for End-Cap Strip Mall Restaurants w/ Drive Thru; and $868,696 for Free-Standing Restaurants w/ Drive Thru. These totals include the following amounts that must be paid to the franchisor or their affiliates: an initial franchise fee of $20,000; the fee for a mural ranges from $3,000 to $4,600; and the MIS System Fee ranges from $0 to $1,200.
    If you sign an Area Development Agreement, you will also pay a Development Fee equal to $10,000 times the number of Restaurants to be developed. The portion of the Development Fee allocable to each Restaurant (which is $10,000 for each Restaurant) will be credited against the initial franchise fee for that Restaurant. The total investment necessary to develop from 2 to 5 Restaurants is $89,502 to 930,591 for Traditional Restaurants; $387,118 to $712,047 for End-Cap Strip Mall Restaurants / Drive Thru; $900,696 to $936,690 for Free-Standing Restaurants w/ Drive Thru.

    Veteran Incentives  $2,000 off first-store franchise fee
    "Entrepreneur
    #59 in Franchise 500 for 2020.
    #78 in Franchise 500 for 2021.