Domino's Pizza LLC
Pizza, breadsticks, buffalo wingsBackground
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.
Franchisor has 350 employee(s); 75 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
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, Michigan 48106 |
Phone: (734)930-3030 |
Franchisor has 350 employee(s); 75 employee(s) in franchise department.
Franchise Growth
| 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 |
| 2005 | 4,447 | 0 | 2,784 | 568 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Costs and Fees
|
Total investment: $119.95K-461.7K Franchise fee: to $25K |
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
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 and Support
Training
Ongoing Support
Marketing Support
- 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); #16 (2005);
Ranked #1 in category in:
2007; 2006; 2005;
Fastest-Growing Franchises:
#12 (2009); #33 (2007); #39 (2006); #59 (2005);
America's Top Global Franchises:
#36 (2009); #5 (2008); #3 (2007); #12 (2006); #8 (2005);
#41 (2009); #9 (2008); #6 (2007); #11 (2006); #16 (2005);
Ranked #1 in category in:
2007; 2006; 2005;
Fastest-Growing Franchises:
#12 (2009); #33 (2007); #39 (2006); #59 (2005);
America's Top Global Franchises:
#36 (2009); #5 (2008); #3 (2007); #12 (2006); #8 (2005);