Yummy & crunchy and tasty are the adjectives for Domino’s Pizza. It is affordable in comparison to other pizzas available in the market. Today, we aren’t going to talk about Domino’s Pizza. We will talk about Domino’s pizza franchise in India.
The franchise business has a booming market in the country. You require choosing a brand with a massive turnover in terms of brand value and quality products. On this note, today, we will share with you some likely notes on how to start your Domino’s pizza franchise in India business.
About the Domino’s pizza Brand
Domino’s Pizza is a subsidiary of Jubilant Food Works Limited, and the first Domino’s Pizza outlet in India opened in Delhi in 1996. Domino’s Pizza is a well-known brand for delivering tasty pizzas all around the world, including India. Only as a Jubilant Food Works Limited partner, Domino’s Pizza’s master franchisee, can a Domino’s franchise open in India? The prerequisites and procedures for establishing a Domino’s Pizza franchise in India are discussed in this article
Apart from vegetarian and non-vegetarian pizzas, Domino’s now offers various additional culinary items, including pasta, garlic bread, butterscotch mousse cake, Taco Indians, and chicken wings, all highly popular among Domino’s consumers. There are currently 552 Domino’s pizza restaurants in India, spread across 130 cities, with a staggering 62 per cent share of the pizza market and 72 percent share of pizza delivery. The Domino’s pizza franchise India is an incredible India indeed!
NOTE: You can only start a Domino’s franchise in India as a partner of Jubilant FoodWorks Limited, so be wary of any scammers promising you a Domino’s franchise in India.
Why choose Domino’s Pizza Franchise?
Domino’s Pizza still continues to be a pioneer in the pizza delivery market, a Domino’s Pizza franchise in India can be an appealing business concept.
- Domino’s Pizza is one of the most well-known consumer brands on the planet.
- The Domino’s Pizza Partners Foundation provides financial assistance to team members who are experiencing hardship or difficulty.
- They have good unit economics and a low cost of entry, resulting in high cash-on-cash returns.
- All new franchise owners receive excellent in-store and classroom training, as well as a solid support structure that is focused on your operations and business.
Domino’s Pizza Franchise Investment, Royalty Fees, and Profit
Domino’s Pizza Franchise Investment, Royalty Payments, and Profit However, you can be assured that your money will not be squandered because you will receive a solid return. Currently, the company has 300+ self-contained units and 9000+ franchise locations around the world.
When it comes to Indian currency, the range is in few 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 pizza franchise’s royalty fees, or service charge costs, are roughly estimated as;
- 5.5 per cent of the store’s weekly royalty sales
- 4 per cent advertising fund reduction for non-traditional and transitional stores
- 1.5 per cent audit expenses of $1000 for training
- $1500 for transfer
Aside from that, various other fees, such as indemnification, testing and evaluation expenses, and enforcement costs, vary by location. Every year, a different amount of roughly $415 is levied for the Annual Software Enhancement fee. In India, the sum is shown in dollars, 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.
How to open a Domino’s pizza franchise in India?
Currently, Domino’s franchise cost in India 2021 now has 450 company-owned locations and over 12000 franchised locations worldwide. The overall cost to open a Domino’s pizza store in the United States ranges from $102650 to $516,700, depending on the store’s style -conventional, atypical, or transitional. The investment is roughly 65 lakhs to 3.5 crores in Indian currency.
Domino’s Retail Store format:
There are four different types of Domino’s Pizza stores.
Traditional Stores: – The retail outlets are predominantly located in shopping malls, strip malls, and other comparable retail venues with adequate parking for delivery vehicles and store customers. Domino’s Pizza is a chain of pizza restaurants. Traditional Stores provide delivery and carry-out services for Pizza and other authorized products.
Non-Traditional Stores: Non-traditional stores sell Domino’s Pizza and other authorized products and services. Office buildings, shopping malls, stadiums, toll highways, airports, zoos, convenience stores, and other retail establishments are among these locations.
Stores in Transition: – Domino’s Pizza Transitional Stores are positioned in markets with fewer prospective customers than traditional Domino’s Pizza Stores. They usually offer to carry out service as the store’s opening date and market conditions dictate.
In exchange for a license fee based on facility sales, the franchisor also offers licenses to ample public entertainment or comparable facility operators, such as stadiums or concessionaires, to sell approved products. At the facility, the Licensee can sell Pizza and other allowed products for take-out.
Support and Training offered by Domino’s Pizza Brand.
Domino’s provides in-store and classroom training and support that focus on your operations and business for new and existing franchisees. An 18-day training program will provide you with all of the skills you’ll need to get started in your career.
Is a Domino’s Pizza Franchise a Profitable Business in India?
Starting a Domino’s pizza franchise business is unquestionably a viable idea if you want to launch the most branded retail food business and have the financial means to do so.
As of 2017, the global pizza giant Domino’s Pizza had total assets of $836+ million US dollars. This is an increase over the previous year’s figure of 700+ million. “Exceptional employees on a mission to be the best pizza delivery company in the world!” says Domino’s Pizza. When a box of Pizza is opened, Domino’s believes that family and friends gather to share the Pizza. As a result, their tagline is “Yeh Hai Rishton Ka Time.” It is dedicated to giving joy, happiness, and convenience to its customers’ lives by delivering great pizzas to their homes.
To summarize, Domino’s pizza franchise cost is higher in every respect. So if you have plans to open a new venture franchise business, it will surely succeed business venture.
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