FoodNet Franchise
Friday, April 30, 2010 at 02:15AM Food court and kiosk-based sandwich shop
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.
Start-up Costs & Franchises Fees
What is the total cost to open a FoodNet Franchises?
Total Cost: $20,000 USD -$362,500
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 4%
Ongoing Advertising Fees:
Contact Information for FoodNet
|
FoodNet Franchising Inc. |
Phone Number: (804)273-0600 |
FoodNet In the Press
No results at this time.Historical Expansion
In what year did FoodNet begin operations? 1995
When did FoodNet begin selling franchises? 1996
Year United States Canada International Corporate 2004 57 1 0 0 2003 52 0 0 0 2002 48 0 0 0 2001 50 0 0 0 2000 11 0 0 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes