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Domino's Pizza
Domino’s Pizza is the second biggest pizza chain in the country with shops in every single state. Customers are able to receive their pizzas via delivery (though quick, the 30 minute “guarantee” is no longer in play) or by picking it up at the nearby store. Beyond its traditional style of pizza, Domino’s also sells deep dish, thin crust, and “Brooklyn Style” (aka New York style) pizza. Domino’s entices customers with a variety of toppings and coupons so customers can secure a meal at a reasonable price. In recent years, Domino’s has branched out from just selling pizza to bread sticks, buffalo wings, pastas, sandwiches and desserts as well. More about the cost of owning a Domino’s franchise below.
Facts & figures
More than half of Domino’s Pizza franchisees own more than one location. Absentee ownership is not permitted. Domino’s Pizza franchisees must complete a training course at headquarters and a training store lasting from six weeks to two months.
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Domino’s Pizza Franchise Opportunities - History
Tom Monaghan purchased a pizza shop in Michigan in 1960 with his brother James (who later sold his share of the business back to Tom for a used Volkswagen Beetle) and named it Domino’s Pizza. Within 20 years, Domino’s Pizza had franchised to 200 locations and in 1983, the chain had gone international beginning in Canada and is now in over 60 countries in six continents.
Domino’s Pizza Franchise Cost
Domino’s Pizza offers franchises for a fee of $25,000, though the total initial investment ranges from $119,950 to $461,700. The Domino’s Pizza franchise agreement lasts for 10 years and is renewable, and the royalty fee is 5.5%. Franchisees should have at least $75,000 in liquid cash available.
Domino’s Pizza Franchise Business Opportunities: Other Information
Domino’s has an agreement to sell Coca-Cola products exclusively at its stores. Domino’s Pizza now offers a tracking software on its website so that customers can watch which stage of the pizza making process their order is in in real time, allowing customers a better idea of when to pick the pizza up or when they can expect the delivery driver to arrive.
