Initially offering only pizza, Domino’s now provides its customers with various menu options, including sides, appetizers, salads, pasta, and specialty sandwiches.
The company’s commitment to customer satisfaction is demonstrated by its “delivery insurance” initiative, in which customers can return a damaged or uneaten pizza to the store after purchase for full reimbursement.
As part of Domino’s customer-first approach, it has become an industry leader in the innovative use of technology, including its user-friendly app for easy ordering and order tracking.
Committed to equitable workplaces and thriving local communities, Domino’s stores foster an inclusive work environment and partner with charitable organizations like St. Jude Children’s Research Hospital.
With a focus on quality and giving back, Domino’s presents an attractive franchise opportunity for entrepreneurs seeking success and social impact.
- Scooter’s Coffee is a franchise offering drive-thru kiosks, founded in 1998.
- With 802 locations across the United States, including both sit-down cafes and kiosks, Scooter’s Coffee spans 30 states, demonstrating broad success.
- Franchisees and their teams experience a comprehensive four-week training focusing on operations, support relationships, and location search.
- Opening a Scooter’s Coffee drive-thru kiosk requires an investment ranging from $794,000 to $1,264,500, covering various fees.
- Franchisees typically generate $797,000 in annual sales, with potential earnings reaching $320,000, emphasizing a promising entrepreneurial opportunity.
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Is Domino’s Pizza A Franchise?
Yes, Domino’s is a franchisor offering three unique franchise types:
- Traditional Store: Stand-alone units providing delivery, dine-in, and carry-out options and a dedicated parking lot and primarily located in shopping centers.
- Non-traditional Store: Units housed within larger entities such as malls, office buildings, or stadiums. These stores provide delivery and carry-out services but either have very limited seating or no dine-in experience at all.
- Transitional Store: Units that start as carry-out-only with scaled-back menus but may be transitioned to a traditional store based on market success.
All three Domino’s franchise types operate under the Domino’s Pizza System with unique recipes and standards based on location and terms of the Store Franchise Agreement.
It is important to note that Domino’s prefers existing franchise owners over new franchisees when opening new Domino’s stores. More than half of all Domino’s franchisees own more than one location.
For entrepreneurs looking to partner with Domino’s, loyalty to existing franchise owners means higher potential earnings after establishing a relationship with the company.
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How Many Domino’s Pizza Locations Are There?
Domino’s holds the distinction of being the largest pizza chain in the world, with 20,591 franchises. 711 Domino’s Pizza franchises were added within the past 12 months, showcasing the company’s commitment to continued growth.
Two-thirds of Domino’s franchises exist outside of the United States, including more than 1,500 locations in India and another 1,249 in the United Kingdom.
The remarkable volume of Domino’s franchises is matched by impressive global retail sales and output, which totaled $4.48 billion in revenue in 2023 alone.
What Training Is Required To Open A Domino’s Pizza?
Domino’s franchising represents one of the toughest pathways to store management and franchise opportunities in the industry. Currently, there are three ways to pursue owning your own Domino’s franchise:
1. Serving as a Domino’s franchise General Manager for at least 12 months.
2. Having the financial capital to open at least five Domino’s franchises as a multi-site owner.
3. Commit to an extended training course and leadership development process, including Domino’s Global Operations Leadership Development (GOLD) program.
Note: As of April 2024, Domino’s is only accepting franchisee applications from internal team members who have served at least 12 months as General Manager of a Domino’s franchise.
For those qualified to open a new Domino’s franchise, the company requires four days of Pizza Prep School, a five-day Franchise Development Program, and six to eight weeks of in-store training.
Financial prerequisites for franchising with Domino’s include a net worth of $250,000 and $75,000 in liquid capital.
Ongoing support is provided for site selection and business ownership transition through programs such as the Franchisee Management School.
How Much Does It Cost To Open A Domino’s Pizza?
Opening a Domino’s franchise involves various costs, including an estimated initial investment ranging from $156,450 to $682,500 for a traditional store location. The total initial investment for a non-traditional site is slightly lower, ranging from $107,450 to $648,500.
The range of upfront costs stated above includes expenses like leasehold improvements, furniture, fixtures, equipment, signage, rent, security deposit, inventory, advertising, training, insurance, and other fees.
Beyond these initial costs, Domino’s franchise owners are subject to ongoing fees, including:
5.5% of the store’s weekly royalty sales
3-4% marketing and advertising fee based on weekly gross sales
1-4% advertising cooperatives fee based on weekly gross sales
Additional ongoing expenses may include real estate, inventory, and fixture fees
Most Domino’s franchisees recoup initial investments within the first two years of ownership, which merits consideration as a low-risk investment opportunity.
What Is The Domino’s Pizza Franchise Fee?
The initial franchise fee is $10,000, with potential additional charges such as a reservation fee of $25,000.
Domino’s initial franchise fee and startup expenses are lower than industry standards; however, potential franchisees should consider the full impact of both initial and ongoing costs.
How Much Does A Domino’s Pizza Franchise Owner Make A Year?
Domino’s franchise owners can expect an annual salary ranging between $64,000 and $120,000, with benefits including health insurance, a 401K, and a 50% discount on pizzas for family and friends.
With average profit margins of 15% across Domino’s franchise locations, franchisees typically recoup their initial investment in just 4-5 years.
Many franchise owners own multiple stores, leading to even higher earnings, with some achieving seven-figure incomes as loans are paid down and profits increase.
Disclaimer: This article is for informational and educational purposes only, and should not be considered as professional advice. We don’t guarantee the accuracy or completeness of the information. It’s not a recommendation or offer to buy or sell any financial products and doesn’t apply to specific personal circumstances. You should evaluate the risks and merits yourself before making any financial decisions based on this content.