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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Blimpie 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 | $74,780 - $422,200 |
Franchise Fee | $35,000 | $11,900 - $19,900 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3.5% | 4% |
Year Founded | 1988 | 1964 |
Year Franchised | 1990 | 1970 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 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 | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 40 hours | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. On-The-Job Training: 80 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform |
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 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. |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | 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.
With the assistance of two companions and $2,500 in obtained start-up capital, Anthony Conza opened the primary Blimpie Subs and Salads area in Hoboken, New Jersey, in 1964. From that first store, Blimpie developed into a worldwide chain with eateries in shopping centers, malls, comfort stores, schools, sports fields, doctor's facilities and games fields. Every area serves an assortment of hot and icy subs, wraps, servings of mixed greens and soups. Blimpie International Inc. likewise claims Pasta Central, Maui Tacos and Smoothie Island. The organization is exchanged on the AMEX under the BLM symbol
.Bigger. Better. Blimpie.™
Shop meats and cheeses cut crisp to arrange. Natively constructed bread. New, tasty fixings. There's a reason our clients have been returning over and over since 1964. Blimpie's franchisees basically make greater and preferable sandwiches over some other sub shop in the classification.
For franchisees, Blimpie conveys more than simply incredible sandwiches. Our group gives the experience and skill important to help franchisees develop their business. Our parent organization, Kahala Brands, guarantees each Blimpie franchisee is bolstered by a portion of the best personalities in diversifying. Kahala's official group is in charge of propelling more than 2,000 establishment stores for many eatery brands, including Cold Stone Creamery®, TacoTime® and Planet Smoothie®. Also, devoted Kahala workers who are specialists in their field are relegated to lead showcasing, land, operations and preparing endeavors for each Kahala mark, including Blimpie.
Today, Blimpie is preferably situated over ever before with:
A straightforward plan of action with enduring backing
A fresh out of the box new in-store plan custom-worked for the present day, quick easygoing client
Diversion changing consumer loyalty programs
World-class establishment advancement administrations
An accomplished, franchisee-centered administration group
National brand acknowledgment
What's more, the direction expected to help manage franchisees toward way of life and money related objectives
Blimpie is the main sub establishment that offers franchisees the chance to dispatch a reasonable establishment business with a brand name that has been connected with the best, crisp cut subs available for over 50 years.
Truth be told, we'd jump at the chance to begin furnishing YOU with the data you have to survey to settle on a shrewd choice about your entrepreneurial future. If you don't mind set aside some opportunity to completely investigate the data made accessible to you on this site and call us to begin on building your own one of a kind Bigger, Better, Blimpie!.