Question 1

Does Mr. Goodcents franchise offer exclusive territory?

Accepted Answer

Mr. Goodcents offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Mr. Goodcents franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Mr. Goodcents is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Mr. Goodcents franchise?

Accepted Answer

The Mr. Goodcents franchise non-compete clause extends for 2 years within a 15-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Mr. Goodcents franchise?

Accepted Answer

Yes, Mr. Goodcents allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $30,000 applies.