Domino’s is a popular pizza delivery franchise that now offer sandwiches and pasta and has been an innovator in food delivery for almost 50 years.
Highlights
Cash Required : $75,000
Min. Franchise Fee : $88,950
Total Number of Units : 6,744
Franchising Since: 1967
Corporate Headquarters: Ann Arbor,MI
CEO Name: Richard E. Allison Jr.
About Domino’s Pizza International
Domino’s is a company dedicated to making and delivering great pizza with high-quality ingredients with an eye on improving its pizza menu. The company has expanded its menu to include specialty pizzas, oven-baked sandwiches, penne pastas and chocolate lava crunch cakes. Along with its mouth-watering menu, Domino’s Pizza offers owners of a Domino’s Pizza franchise a business model in an established market, creating a valuable investment opportunity, with 93% of Americans eating at least one pizza per month.
The best way to become a Domino’s franchise owner is to work for the company. More than 90% of franchise owners are former employees. The only time non-employee candidates are considered is when there are no internal candidates who can open a location in a particular region. The organization participates in local and national community programs that align with the company’s guiding principles and vision.
Delivering the Dream helps current minority team members become franchise owners. The scholarship program offers financial support. The goal is to remove the financial roadblocks, helping prospective minority team members to become independent business owners.
Franchise Unit Trends & Revenue
Total Number of Units: 6,744
New Units Opened : 258
Average Unit Revenue: $1,352,208 * in 2022
Franchise Fees
Min. Franchise Fee: $88,950
Royalty Fee: 5.5% Royalty Sales
Ad Fund Fee: 4.0% Royalty Sales
Why Choose Domino’s Pizza International?
Domino’s is an established brand, with name recognition worldwide. Their training program is comprehensive. It covers everything from marketing and finance to store operations and human resources. The result is an organization filled with strong team members and owners that outperform the competition on a daily basis.
Not only is Domino’s a pioneer in pizza delivery, but it also shapes and drives the industry by using state-of-the-art online ordering and point of sale technology. In challenging economic times, pizza sales actually rise, which makes it a good bet even in recessive markets. The brand continues to innovate and develop their menu, which helps with their continued success.
The business model has a track record of success. With prime territories available and low cost-to-open fees, the cash-on-cash returns are strong. The supply chain leverages purchasing power and ensures quality, making it unmatched in the industry.
Starting Costs & Investment Requirements
Total Investment : $99,150 – $517,000
Net Worth Required –
Cash Required : $75,000
Training and Support*
Multi Units*
Training & Support
Training length of time and type depend on whether the new franchisee is internal or external. Training includes 12 months management/supervisory experience and completion of the Domino’s Pizza High Performance University Crew, GMIT Programs and Franchise Management School.
History
Tom and James Monaghan purchased “DomiNick’s” pizza store in Ypsilanti, MI in 1960. James traded his half of the business the following year. By 1978 the solely owned company had been renamed “Domino’s Pizza, Inc” and had 200 locations. Over the next few years, rapid acquisition of or mergers with other regional pizza companies allowed them to gain significant territory very quickly. The introduction of the “30 minutes or it’s free” guarantee won them increased market share across their delivery network.
The opening of the first international store was in Winnipeg, Canada, in 1983. The 1990s saw the organization incorporate non-pizza items into the menu, starting with breadsticks and moving to buffalo wings, sandwiches and desserts. From the Domino’s HeatWave® hot bag to training and delivery, Domino’s has been an innovator in food delivery for almost 50 years.
Ideal Candidate
The ideal candidates are those who have management or supervisory experience with Domino’s. They want to build a future that establishes a consistent source of income. Franchisees want to be part of a dynamic team and have the drive to succeed. Store owners aspire to be a part of the local community and have the desire to deliver great products and superior customer service.
Domino’s offers the opportunity for people who want to work hard to build a future while giving back to their community. The organization encourages franchise owners to participate in charitable programs that promote and develop community relations.
Star Brands Consulting Services
From initial market research and brand selection to franchise development, training, and ongoing support, we offer a comprehensive suite of services designed to streamline the franchising process and maximize success. Whether you’re a seasoned entrepreneur looking to expand your portfolio or a budding business owner eager to take the plunge into franchising for the first time, we’re here to guide you through every stage of the process with confidence and expertise.
Connect With Us
Ready to explore the world of franchising with global famous brands? Get in touch with the team at Star Brands Consulting Ltd today to learn more about our services and how we can help you achieve your franchising goals. Together, let’s turn your dreams of franchise ownership into a reality.