Domino's Pizza LLC

Pizza
Year began: 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.

30 Frank Lloyd Wright Dr., P.O. Box 997
Ann Arbor, MI 48106

Phone: (734)930-7011
Fax: (734)930-4346

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


Franchise Growth
Year

2008
2007
2006
2005
2004
U.S. Franchises
4,571
4,581
4,553
4,447
4,348
Canadian Franchises
0
0
0
0
0

Foreign Franchises
3,374
3,321
3,099
2,784
2,605
Company
Owned
565
558
576
568
577

Where Seeking Franchisees
Nationwide

Worldwide

Costs & Fees
Total investment: $118.5K-460.3K
Express/kiosk option available
Franchise fee: $25K
Ongoing royalty fee: 5.5%
Term of agreement: 10 years, renewable
Type of Financing Available
In-HouseThird Party
Franchise FeeNoYes
Startup CostsNoYes
EquipmentNoYes
InventoryNoYes
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Cash liquidity requirement: $75K
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 & 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 in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#9 (2008); #6 (2007); #11 (2006); #16 (2005); #14 (2004);

Ranked #1 in category in:
2007; 2006; 2005; 2004;

Fastest-Growing Franchises:
#33 (2007); #39 (2006); #59 (2005); #62 (2004);

America's Top Global Franchises:
#5 (2008); #3 (2007); #12 (2006); #8 (2005); #7 (2004);

Last Updated: 7/31/2008 12:00:00 AM



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