Goodcents
Food & Beverage · Quick-Service Restaurants
- Active units
- 65
- Avg unit volume
- $938k
Franchised, year-end 2024
About Goodcents
Goodcents is a brand that prides itself on serving delicious 16 sub sandwiches with bread baked in-store twice daily. They prioritize using fresh ingredients and slice their meat to order, ensuring that every sandwich is bursting with flavor. Goodcents offers easy online ordering, making it convenient for customers to enjoy their mouthwatering meals. In addition to their subs, Goodcents bakes giant, delicious cookies that can be enjoyed as a dessert, appetizer, or even a meal. Their cookies are a perfect treat to complement their hearty and balanced meals. Goodcents goes above and beyond to reward their loyal customers. They have a rewards program called Goodcents Rewards where customers can earn rewards points and enjoy monthly specials. By racking up points, customers can even get free subs. Plus, they will receive a free sub on their birthday, a special treat from Goodcents. For those looking to be a part of the Goodcents family, they offer franchise opportunities where individuals can own their very own Goodcents location. Join the Goodcents family and experience the joy of serving good food that truly makes a difference.
Key terms
- Local advertising
3.0% of Net Sales
- Footprint
1,500 – 1,750 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD.
Growth
- Total locations65
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate1.6%
Net unit growth versus prior year
- 3-year unit CAGR0.0%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.5×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$938k
Average Net Sales for the 26 franchised restaurants that provided P&Ls.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$397k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio2.4×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Location footprint
Showing 45 of 73 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.