Mr. Goodcents vs Great Canadian Bagel Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Goodcents Franchise
Great Canadian Bagel Franchise
Investment $211,432 - $431,843$85,000 - $350,000
Franchise Fee $35,000$20,000
Royalty Fee 6%-
Advertising Fee 3.5%-
Year Founded 19881993
Year Franchised 19901994
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 60% of current fee-


Business Experience Requirements
 
Mr. Goodcents Franchise
Great Canadian Bagel Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Mr. Goodcents Franchise
    Great Canadian Bagel 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
    Great Canadian Bagel 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
    Great Canadian Bagel 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 Great Canadian Bagel

    In April, 1993 "The Great Canadian Bagel, Ltd." began operations with an initial store in Metropolitan Toronto. Featuring 24 varieties of fresh baked bagels, 21 flavours of cream cheese spreads and a selection of soups, salads, and made-to-order sandwiches, the store was an immediate success.
    At The Great Canadian Bagel all bagels are baked fresh from recipes calling for only the finest natural ingredients with no preservatives. The majority of stores are equipped with an on-premise bakery enabling customers to watch the bagels being made and smell the aroma as they are taken from the oven. This combination of high quality product, attractive store atmosphere and their constant focus on providing the highest level of customer service all work together to set The Great Canadian Bagel a notch above the competition in the fast growing Bagel segment of the Foodservice market.