Domino’s Pizza began as a tiny restaurant in 1960 and has grown to become one of the leading brands for delivering great pizzas worldwide, serving over 1 million people in 70 countries and operating over 10,000 outlets. So, you want to open a domino’s franchise business, right? In this instance, you must clearly understand the required investment, royalties, and profit after your investment.
In India, you can open a Domino’s Pizza franchise
Let’s take a quick look at the domino’s pizza franchise history in India. Jubilant FoodWorks Limited in India owns domino’s Pizza, and the first Domino’s Pizza outlet opened in Delhi in 1996.
Apart from vegetarian and non-vegetarian pizzas, Domino’s offers a variety of other food items such as pasta, garlic bread, butterscotch mousse cake, taco Indians, and chicken wings, all of which are all very popular among Domino’s customers. There are currently 552 Domino’s pizza restaurants in India, spread across 130 cities, with a staggering 62 percent share of the pizza market and 72 percent share of pizza delivery.
Investment, Royalty Fees, and Profit from a Domino’s Pizza Franchise
If you want to be an element of such a large franchise, you will need to invest a significant amount of money. However, you can be assured that your money will not be squandered because you will receive a solid return. Currently, the company has 387 self-contained units and 9653 franchise locations worldwide.
In the United States, a Domino’s pizza franchise costs between $50,000 and $500,000, with a total investment of between $119,950 and $461,700. When it comes to Indian currency, the range is between 65 lakhs and 2 crores. Non-traditional stores and transitional stores, on the other hand, are priced differently because they demand a lower initial investment of roughly 50 lakhs and 30 lakhs, respectively.
The domino’s franchise business royalty fees, or service charge costs, are roughly 5.5 percent of the store’s weekly royalty sales, with a 4 percent advertising fund reduction for non-traditional and transitional stores and 1.5 percent audit expenses of $1000 for training, and $1500 for transfer.
Aside from that, there are various other fees, such as indemnification, testing and evaluation fees, and enforcement costs, which vary by location. Every year, a different amount of roughly $415 is levied for the Annual Software Enhancement fee. The sum is shown in dollars in India, and the royalty fees may differ.
Domino’s pizza franchises are divided into internal franchises for those who have worked for Domino’s for at least one year in positions such as general manager, and external franchises for those who have never worked for Domino’s and fish farming business
Domino’s Pizza franchise contact information
The following is some useful contact information for Domino’s pizza business.
- Phone: +91 – 102 – 4090500, Fax: +91 – 120 – 40905599 Jubilant FoodWorks ltd registered and corporate office B 214, Phase II, Noida – 201 305
- www.dominos.co.in is the official website.
So this article was all about how to start domino’s pizza franchise in India.