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Below is an in-depth analysis and side-by-side comparison of FoodNet vs Watermill Express 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 | $471,800 - $596,400 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 4% | to 7% |
Advertising Fee | - | to 2% |
Year Founded | 1995 | 1984 |
Year Franchised | 1996 | 1989 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 24 hours Classroom Training: 23 hours |
Support | - | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | 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.
Watermill Express is the nation’s largest drive-up, self-serve, pure drinking water company. Customers supply their own clean containers, drive up and purchase great-tasting water at a fraction of the price for bottled water. We also offer the industry's premier brand of vended ice made exclusively from our pure drinking water. Our mini water purification locations are fully automated and can turn two simple unused parking spaces into a full-fledged franchise opportunity. You won’t find an easier way to own your own business operating for 24-hour a day with no on-site employees!
Franchise Fee (per unit): $25,000 (based on initial 3 units)
Future Franchise Fee (per unit): $15,000 - $20,000 (depending on # of units)