FoodNet vs Laundry Corner Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of FoodNet vs Laundry Corner including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
FoodNet Franchise
Laundry Corner Franchise
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
 
FoodNet Franchise
Laundry Corner Franchise
Experience --

Financing Options
 
FoodNet Franchise
Laundry Corner Franchise
  In-House/3rd PartyIn-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
 
FoodNet Franchise
Laundry Corner Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
FoodNet Franchise
Laundry Corner Franchise
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 Laundry Corner

FIRST PHASE
Wash - dry , fold , Wash , spin dry , Dry ,fold ,Pressing
SECOND PHASE (FUTURE PRODUCTS EXPANSION)
Dry cleaning , Etc (Upon Request)