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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Thundercloud Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $211,432 - $431,843 | $65,000 - $90,000 |
Franchise Fee | $35,000 | $10,000 |
Royalty Fee | 6% | - |
Advertising Fee | 3.5% | - |
Year Founded | 1988 | 1975 |
Year Franchised | 1990 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 60% of current fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
ThunderCloud Subs, a neighborhood sub shop with a rich tradition of good natured people serving FRESH, FAST & HEALTHY food in a great atmosphere. We started ThunderCloud in 1975 with a simple yet logical philosophy of selling a fresh meal at a reasonable price and we proudly maintain that same course today! IT'S ALL IN THE INGREDIENTS...We slice all our meats, cheeses and produce daily. We prepare our spreads from scratch every day. We have our bread made from scratch and delivered every morning and we choose only the finest ingredients. When you come into a ThunderCloud Sub Shop, you'll experience the creation of a great sandwich! Our People The ThunderCloud sandwich artists are notoriously good natured and famously talented. We take pride in a job well done. We believe in team work, doing a little bit more than our fair share and having fun both on and off the job. Though we have plenty of company policies to help keep the "machine" running smoothly, we think we allow enough liberties to foster individualism, self-esteem and self-pride. Our Community Each year, ThunderCloud sponsors some of the most engaging events that bring the Austin community together for meaningful causes. We have been a FRESH, FAST & HEALTHY part of Austin for 30 years. Being uniquely Austin means giving more, too! We dedicate half of our annual marketing effort to support local non-profit groups like Caritas of Austin. We believe in supporting organizations dedicated to creating a better Austin. ThunderCloud has proudly donated over $750,000 to Caritas and last year contributed $176,500. Our HomeThunderCloud is proud to be an engrained part of the Austin community. We're at home here in Austin, just like much of Austin feels comfortable and at home when they're in one of our shops.