Mr. Goodcents charges a royalty fee of 6.0% of gross sales (2023 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Mr. Goodcents franchise is approximately 9.5% of gross sales (2023 FDD). This includes the royalty fee, a 3.5% marketing/advertising fund contribution, a $349/month technology fee, and other recurring charges.

Mr. Goodcents has been involved in 0 litigation cases over the past 3 years (2023 FDD). There are no class action lawsuits pending.

No, the Mr. Goodcents franchisor has no bankruptcy filings in their disclosure history (2023 FDD).

Mr. Goodcents offers non-exclusive territory rights to its franchisees (2023 FDD). The franchise agreement does not include encroachment protection. Online sales rights are shared between the franchisor and franchisee.

Mr. Goodcents currently operates 66 locations (2023 FDD) (65 franchised, 1 company-owned). The system grew by 4.8% over the past year. The 3-year compound annual growth rate is 1.6%.

The 1-year franchisee turnover rate for Mr. Goodcents is 1.5% (2023 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

According to the Mr. Goodcents FDD Item 19 financial performance representation (2023 FDD), the median gross sales per unit is $780K (average: $764K).

The initial franchise agreement term for Mr. Goodcents is 10 years (2023 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.

Mr. Goodcents's post-termination non-compete clause restricts former franchisees from operating a competing business for 2 years within 15 miles of the former location (2023 FDD).

No, Mr. Goodcents's franchise agreement does not require mandatory arbitration (2023 FDD). Disputes may be resolved through litigation. The agreement includes a jury trial waiver.

Mr. Goodcents provides 212 hours of initial training over approximately 4 weeks (2023 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Yes, Mr. Goodcents provides site selection assistance to help franchisees find the right location (2023 FDD). The franchisor also provides technology support and systems.