FoodNet 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

 
FoodNet Franchise
Hot Pares 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 yaers
Term Of Agreement -3-5 yaers
Renewal Fee --


Business Experience Requirements

 
FoodNet Franchise
Hot Pares Franchise
Experience --

Financing Options

 
FoodNet Franchise
Hot Pares 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
Hot Pares Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
FoodNet Franchise
Hot Pares 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 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)