December 21, 2009 // Franchising.com // DeSoto, Kan. – Mr. Goodcents Subs & Pastas, the Midwest's fastest-growing subs and pasta quick serve franchise concept, ranked No. 290 in a comprehensive listing of the nation's top 300 franchise companies by AllBusiness.com.
AllBusiness.com's team of editors researched, compiled, and analyzed more than 800 franchise systems to compile the AllStar Franchises list. The rankings assessed the strengths of franchising companies based upon criteria such as Web visibility and the latest financial strength scores from Dun & Bradstreet.
New to the AllStar list, Mr. Goodcents Subs & Pasta boasts a fairly strong financial strength ranking (#130). The company has been in business for 20 years, so it also ranks respectably in longevity (#177).
Rapidly becoming the Midwest's fastest-growing subs and pasta quick serve franchise concept, Mr. Goodcents continues to offer consumers fresh and affordable menu options to satisfy any hearty appetite. Mr. Goodcents offers 18 varieties of sub sandwiches, including the Penny Club®, Italian Sub and Meatball Sub, with all sandwiches made from freshly sliced-to-order meats and cheeses on freshly-baked bread, available for dine-in, carryout, delivery or catering. The dinner daypart accounts for 40 percent of total sales, which includes pastas --- Mr. Goodcents' other signature menu item.
"It is an honor to be presented with such a prestigious ranking in the franchise industry," said Joe Bisogno, Founder and CEO of Mr. Goodcents. "While many business owners are still finding it difficult to obtain the financing to expand their business portfolios, we are continuing to see positive signs of growth within our business."
Sandwich shops in general have fared better than other food-service businesses during the recession, because they typically cost less to operate and have a smaller footprint. Mr. Goodcents has relationships with third-party lenders who can provide financing for franchisees, and the company is also listed on the SBA's Franchise Registry.
Mr. Goodcents Subs & Pastas encourages franchisees to get involved in charitable organizations in their local communities. Its Mr. Goodcents Foundation for Senior Independence helps fund and promote community public transit services for seniors so they don't lose their mobility.
With a franchise fee of $20,000, the initial investment to own and operate a Mr. Goodcents® restaurant is typically $163,000-$274,000 for a standard 1,500 square foot location that accommodates up to 35 customers. Each restaurant employs approximately 25 full time and part time people.
Founded in 1989, Mr. Goodcents® restaurants have become the Midwest's fastest-growing subs and pasta quick serve franchise concept. With 100 restaurants located in nine states, the restaurant chain stands for great food and exceptional service in a clean environment at reasonable prices. Featuring 18 varieties of sub sandwiches made from freshly-sliced deli meats, Mr. Goodcents® also offers a full menu of pastas, salads, and desserts to satisfy any hearty appetite. Mr. Goodcents®, Baked Fresh! Sliced Fresh! Made Fresh Daily!, is headquartered in DeSoto, Kansas.