Domino's Pizza LLC

Pizza, breadsticks, buffalo wings

Background

Founded: 1960 Franchising since: 1967
In 1960, brothers Tom and James Monaghan borrowed $500 to purchase DomiNick's, a pizza store in Ypsilanti, Michigan. The next year, James traded his half of the business to Tom for a Volkswagen Beetle. In 1965, Tom Monaghan renamed the company Domino's Pizza LLC. The first Domino's Pizza franchise store opened in Ypsilanti, Michigan, in 1967. Tom Monaghan retired in 1998, selling 93 percent of the company to Bain Capital.

In addition to regular, pan and thin-crust pizza, Domino's products include bread sticks and buffalo wings. Domino's operates more than 6,000 stores in the United States, Canada, Europe and Africa.

Address:
30 Frank Lloyd Wright Dr., P.O. Box 997
Ann Arbor, Michigan 48106
Phone:
(734)930-3030


Franchisor has 350 employee(s); 75 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 4,584 0 3,469 571
2007 4,581 0 3,321 558
2006 4,553 0 3,099 576

Where Seeking Franchisees
Nationwide
Worldwide

Costs and Fees

Total investment: $119,950 - $461,700
Franchise fee: $25,000
Ongoing royalty fee: 5.5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $0
Cash liquidity requirement: $75,000
Business Experience:
  • Industry experience
  • Successful experience in food service/retail management; entrepreneurial/equivalent experience

Operations
  • 60% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 15 - 20
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters
  • At certified training store : 6-8 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media

Rankings

Franchise 500® rank:
#41 (2009); #9 (2008); #6 (2007); #11 (2006);

Fastest-Growing Franchises:
#12 (2009); #33 (2007); #39 (2006);

America's Top Global Franchises:
#36 (2009); #5 (2008); #3 (2007); #12 (2006);


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