If you want to own a Domino’s Pizza franchise, you should know that they ask for a franchise fee of $25,000, and the total initial investment varies between $144,450 and $582,500. The franchise agreement has a 10-year term and is renewable.
In addition, Domino’s Pizza asks you to pay a royalty of 5.5% of the sales you make.
The company requires that you have a net worth of at least $250,000, of which $75,000 must be in liquid capital. This means it must be in assets that you can quickly or easily sell for cash, or from which you can obtain financing.
Domino’s has an agreement to sell Coca-Cola products exclusively in its stores.
In addition, the chain offers tracking software on its website so customers can see where their order is in the pizza-making process in real time.
This gives them a better idea of when to pick up the pizza or when they can expect the delivery driver to deliver it.
More than half of Domino’s Pizza franchisees own more than one location. In addition, you should note that franchisees must complete a training course at headquarters and in a store. Such training can last from six weeks to two months.
Domino’s Pizza is the second largest pizza restaurant chain in the country with branches in every state.
In recent years, Domino’s has diversified and now sells not only pizza but also breadsticks, chicken wings, pastas, sandwiches and desserts. Last year, they had to close their Italian branch.