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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Sam & Louie's N Y Pizza 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 | $331,500 - $474,700 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3.5% | - |
Year Founded | 1988 | 1994 |
Year Franchised | 1990 | 2000 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 60% of current fee | - |
Business Experience Requirements |
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Experience | Our ideal franchise partner will have some or most of the following attributes: �A high energy level �Good communication skills �A desire to be in the specialty food/restaurant business �An understanding of business operations and management principles �Sales and marketing skills �Be adequately financed �A strong desire and ambition to succeed �Be outgoing in nature and enjoy dealing with people | |
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 | *Available at headquarters: 4-6 weeks. *At franchisee's location: 2-3 weeks. Our exceptional training program includes both classroom and hands-on training in critical areas such as promotional activities, food preparation, customer service, administrative duties, problem solving and more. |
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 | Support where you need it Beginning with your site selection, obtaining equipment and supplies, pre- and post- grand opening, through day-to-day operations, Sam & Louie's is with you every step of the way to help ensure the success and growth of your business. You will receive a confidential, complete Operations Manual with periodic updates covering all areas of the Sam & Louie's system. Our helpful management staff will communicate with you on an ongoing basis and are available for consultation and assistance on all facets of your operation. |
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. | *10% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 15. *Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators). |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | 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.