How much money do you need to open a Domino’s franchise?
By Sandy C.
Have you ever considered opening your own Domino’s store? Here’s how much money you really need to do so.
According to Mashed, Domino’s is ranked as the number one pizza chain in America. So really, if you want to open your own pizza franchise, it’s gotta be Domino’s! The same source also shares tips on how much money you’ll need and how to get started.
PMQ Pizza Magazine reports Domino’s earnings at $7 billion annually from over six thousand stores, wow! The pandemic didn’t hurt the pizza chain much at all, either. As the source reports, sales for Domino’s increased.
It’s easy to see why. With most consumers at home, most will be ordering delivery. What has been the meal you have the most of during this pandemic? The pizza chain’s rewards program is also very popular, and its mix-and-match $5.99 promo is tough to beat. I’ll admit, it’s one of my favorites.
How to open your own Domino’s store
Ready to get started? Gather up those coins! You are going to need them!
Franchise Help has all the details you need, and they do a great job breaking everything down for you, too. Here is a quick summary of what you need to know (but check the source for the details):
What you need: $75,000 in liquid assets and a franchise fee of $25,000. A net worth of “at least” $250,000 is also highly recommended.
The reported annual salaries of franchise owners depend on location, but range between $107,000 to $116,000. Another perk? 50% off pizzas (and wings, and dessert, and more) for friends and family.
Next. How to win Stuffed Crust from Pizza Hut (only the crust). dark
What is your favorite pizza order? Do you prefer a speedy delivery service or is a good pizza worth waiting for?