It starts with a plan and some cash to invest! Join us on your first day as a Goodcents Franchisee and we'll work with you to develop a plan for success. We understand that entrepreneurs come from all walks of life and we're here to help you in areas that are new to you. From preparing a business plan, to opening your new restaurant, to the daily execution, we're here to support you with a personalized approach. We love people with restaurant experience but, we also love anyone with a knack for business who is willing to roll up their sleeves and work hard to create success. Successful franchisees are people who become the mayors of their community, community involvement is a must! Total opening costs vary depending on location, size of the restaurant, and necessary build-out costs. Some areas of the country also cost more to develop, due to economics of the area.
Typically you can expect to spend anywhere from $155,150 - $382,800. This figure includes your franchise fee, 3 months working capital, build-out, equipment, marketing, and most other expenditures you incur for your restaurant. If you are looking to finance your franchise, most banks are requiring 25%-35% down for an SBA Loan.
