Domino's Pizza LLC

At a Glance

Products & Services: Pizza, breadsticks, buffalo wings

Number of Locations:

Total Investment: $119.95K - 461.7K

Founded: 1960

Began Franchising: 1967

About Domino's Pizza LLC

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.

Startup Costs, Ongoing Fees and Financing

Total Investment: $119,950 - $461,700
Franchise Fee: $25,000
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $75,000
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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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,

Franchise Ranking History

Franchise 500®: #41 (2009),
Fastest-Growing: #12 (2009),