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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Justix 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 | $223,000 - $332,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3.5% | - |
Year Founded | 1988 | 2004 |
Year Franchised | 1990 | 2006 |
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.
A Uniquely Valuable Opportunity * Unique Healthy alternative * Limited Competition in fast casual segment * New launch resulting in huge potential * Controlled growth (not a numbers game; quality over quantity) Benefits * Justix is geared toward two strategic day-parts (lunch and dinner), with a huge opportunity for catering. We take catering so seriously, we consider it our third day-part. Each store has a professionally wrapped van providing a tool for almost any size catering order. This structured approach gives our franchisee a great opportunity to build strong volume. Proven model * Justix was built to franchise. From its creation, Justix was designed for a franchise model, providing the franchisees with a system that works. Everything from the menu mix, to the key suppliers, to the purchasing system, to hiring employees, training and retention techniques, all contribute to the Justix success formula, providing an excellent franchise opportunity. Validation * Justix has received an enormous amount of press in a very short period of time. Not only do the customers love us, but the critics do as well.