Mr. Goodcents vs Foster's Grille Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Goodcents Franchise
Foster's Grille Franchise
Investment $211,432 - $431,843$291,700 - $538,100
Franchise Fee $35,000$35,000
Royalty Fee 6%5%
Advertising Fee 3.5%-
Year Founded 19881999
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
Foster's Grille Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Mr. Goodcents Franchise
    Foster's Grille 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
    Foster's Grille 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
    Foster's Grille Franchise
    US Expansion Yes-
    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 Foster's Grille

    Great food and good times are always on tap at Foster’s Grille, your friendly neighborhood gathering place. Simple, fresh food. Served fast and made to order. From our famous Charburgers to our jumbo wings, extra-thick shakes and hand-cut fries, Foster’s is your go-to place to join the family for dinner, catch the big game, relax for a few happy hours or just grab take-out on the way home. It’s always the right time for Foster’s.