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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Papa-N-Son's 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 | $196,450 - $296,800 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3.5% | - |
Year Founded | 1988 | - |
Year Franchised | 1990 | - |
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.
No one loves their food more than the people of Chicago and at the heart of it all is one of the richest immigration stories in the US. As immigrants from around the world settled into Chicago, each established their own ethnic neighborhoods. Greek Town was the largest and best-known urban community of Greeks in the United States for much of the early twentieth century, and was a large part of the Chicago cultural and culinary experience. It was even the birthplace of the gyro in the US. In the summer of 1980 the idea of then-mayor Jane Byrne, was to bring all of these cultures together in one event known as "The Taste of Chicago." This one-day event has since grown into a must-attend ten-day event located in Grant Park. Popular local food staples at The Taste include Chicago hot dogs, gyros, Italian Beefs, Maxwell Street Polish Sausage, and Greek Salads, all foods that capture the variety and history of the city's cultural diversity. Papa-N-Son's is bringing this Bite of Chicago to towns across America by creating a Chicago-style experience in local neighborhoods with a whole new fast-casual restaurant concept. With an interior d�cor that brings a little of that Hometown Chicago feel and a menu that combines Chicago favorites and home-made Greek recipes Papa-N-Son's offers something for everyone.