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Updated RecentlyFoodNet vs Hot Pares Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of FoodNet vs Hot Pares 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 yaers |
| Term Of Agreement | - | 3-5 yaers |
| 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 | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About FoodNet
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.
About Hot Pares
FIRST PHASE I. PRIMARY PRODUCTS - BEEF ASADO WITH RICE AND SOUP (PARES) - BEEF MAMI - SIOPAO (JUMBO/MINI) II. SECONDARY PRODUCTS DRINKS SECOND PHASE (FUTURE PRODUCTS EXPANSION) - PORK ADOBO - CHICKEN ADOBO - PORKCHOP - BONELESS BANGUS - LIEMPO - BEEF STEAK/BISTEK - FRIED CHICKEN -TILAPIA - CHICKEN MAMI - LUGAW AT TOKWA - ETC. (UPON REQUEST)