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Below is an in-depth analysis and side-by-side comparison of FoodNet vs Siomai Haus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $20,000 - $362,500 | $4,000 - $15,000 |
Franchise Fee | $15,000 | $4,000 - $15,000 |
Royalty Fee | 4% | 2-5% |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 1996 | - |
Term Of Agreement | - | 3-5 years |
Term Of Agreement | - | 3-5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
His grandfather sold Italian candies and roasted peanuts from a vending cart at street fairs. His father sold Italian sausages from a street cart. When John Felico started Dominic's of New York in 1995, it wasn't too surprising he also chose to operate a food cart. Dominic's sells Italian sausages and a variety of sandwiches at stores, malls and ballparks.
Dominic's of New York has a long-term contract with Lowe's Home Improvement Warehouse to place kiosks at many of their locations nationwide.
FIRST PHASE I. PRIMARY PRODUCTS - Steamed Pork Siomai - Steamed Beef Siomai II. SECONDARY PRODUCTS - Black Gulaman - Other Drinks SECOND PHASE (Future Product Expansion) - Upon request