Mr. Goodcents vs Milio's Sandwiches Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Goodcents Franchise
Milio's Sandwiches Franchise
Investment $211,432 - $431,843$180,000 - $500,000
Franchise Fee $35,000$30,000
Royalty Fee 6%6%
Advertising Fee 3.5%3.5%
Year Founded 19881989
Year Franchised 19902005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 60% of current fee-


Business Experience Requirements
 
Mr. Goodcents Franchise
Milio's Sandwiches Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		•

    We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! Food industry experience a plus. *Liquid Capital Required: $100,000 *Net Worth Required: $150,000

    Financing Options
     
    Mr. Goodcents Franchise
    Milio's Sandwiches Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Mr. Goodcents Franchise
    Milio's Sandwiches 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
    Milio's Sandwiches Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    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 Milio's Sandwiches

    We're Hot! It might be cold-cuts, but our industry is hot. Sandwiches are the fastest growing category, with sales of quick serve restaurants specializing in sandwiches reaching over $10 billion. The average American eats 193 sandwiches per year and visits a franchise sandwich store an average of 2.5 times per week. What makes the typical Milio's franchise so terrific? The secret's in the sub! We start with the highest quality meats and cheeses. Add onions, lettuce and tomatoes. Even our bread is baked fresh daily, right in each store. It's simple for customers to order from Milio's. A streamlined system keeps store operations simple for our team members. Our franchise program simplifies business ownership for qualified, motivated individuals. We are currently looking for new franchisees throughout Minnesota, Wisconsin, Iowa, Illinois and Nebraska; fulfill your dream of owning your own business with this tremendous franchise opportunity.
    Here's what makes Milio's Sandwiches a great opportunity for you: *Tremendous locations available *Sandwich segment in a state of explosive growth *Consumers eat sandwiches 2.5 times a week *Turnkey operations *Training and support from experts *Proven systems Training & Support: The systems, training and support to get you going...and keep you growing. The Milio's franchise program gives you the tools, instruction and guidance to be able to open a location of your own and to continue to strengthen business in the years to come.
    Here's what you'll receive: *Use of the Milio's name and logo. *Assistance in site selection, restaurant design and initial recruitment. *Training in management, marketing, food preparation and customer service. *Ongoing operational and promotional support and consultation. *Ongoing development of new menu items, vendor sourcing and operational techniques.