If you share a love for delicious pizza and want to invest in a pizza franchise, then this is the right place for you. This article will provide you thorough information as to how to invest in a pizza company like Domino’s and become the owner of a Domino’s franchise.
Today, more and more people are consuming fast food and cuisines from other countries. One of the most popular cuisines out there is Italian. And the Italian cuisine has one dish that can safely be called one of the most beloved food items in the world – pizza. No matter the country, there will be a pizza joint present to meet the people’s requirements.
One cannot talk about pizzas without mentioning what is arguably the biggest name in the world of pizza – Domino’s. Since its existence, Domino’s has been satisfying people with the delicious taste of their pizzas and their top-notch customer service. It is these qualities of the company that have caused Domino’s to make its way through the hearts of the people all around the world and in that process, Domino’s has also made for itself a huge and loyal fan base.
About the Company
Domino’s is a pizza restaurant chain operating in multiple countries and was founded in the United States of America in the year 1960. The company was started in Delaware and has headquarters in Ann Arbor, Michigan. In terms of sales, Domino’s was declared the largest seller of pizza across the world in February of 2018.
Dominos History in India
In 1960, a small restaurant chain in Michigan, specializing in pizza and named Dominick’s was taken over by two brothers – James Monaghan and Tom Monaghan. The name ‘Domino’s’ was suggested by an employee named Jim Kennedy. The suggestion was immediately taken up by the Monaghan brothers and they renamed the business to Domino’s in the year 1965.
The company opened up its very first franchise location in the year 1967. In 1978, 11 years after opening the franchise store, Domino’s Pizza increased its number of franchise stores to 200. The company managed to have stores in over 6,000 international locations by the year 2015. The first Domino’s Pizza store of the country was opened in the city of Delhi, the nation’s capital, in the year 1996. In 2016, Domino’s managed to open 1,000 restaurants all across India.
The business model of Domino’s Pizza works in such a way in India that there are three options regarding the types of stores that a person wants to open up.
Below are the types of Domino’s Pizza stores in India:
|Traditional stores||These are retail shops that one can usually find in strip centers, shopping malls, etc. The stores are usually located at a place that provides parking facility for the customers and well as the delivery vehicles.|
|Non-traditional stores||These stores can be found in stadiums, airports, shopping malls, etc. The non-traditional stores may or may not have a seating facility depending on the location of the store. These stores mainly offer to carry out service.|
|Transitional stores||In these stores, the food menu is customized to suit the location of the store. Transitional stores are usually located at places where the consumers are fewer in number.|
Domino’s Pizza provides a wide variety of food items and beverages that are a delicious treat to a person’s taste buds. The Domino’s Pizza menu provides the customers with food options like pizza, pasta, garlic bread, tacos, choco lava cake among various other items.
Domino’s Pizza Franchise India
If someone wants to invest in a pizza restaurant chain, then Domino’s Pizza is a great choice. There are many advantages associated with being an owner of a Domino’s Pizza franchise. The first and the most obvious advantage that an investor gets from investing his or her money in Domino’s Pizza is the giant brand image of Domino’s which helps a lot in driving the sales of the store.
There is a Domino’s Pizza Partners Foundation, which, in times of need, helps and provides aid to the members. Domino’s Pizza franchise India arranges for the franchise owners to go through a top-notch in-store and classroom training so that a franchise owner can be fully equipped, mentally and physically, to run the outlet successfully.
In India, Domino’s Pizza is operated by Jubilant FoodWorks Limited. If any person wants to open Domino’s franchise in India and become an owner of a Domino’s franchise, they have to deal with Jubilant FoodWorks. The franchise agreement that a franchisee has to sign to open up a transitional Domino’s is for 5 years. And in the case of traditional and non-traditional stores, the franchise agreement that a franchisee has to sign is for 10 years.
As is the case with any other franchise, there are certain steps that an individual has to follow in order to acquire a franchise of Domino’s India. Following is a list of steps that a person should follow if he or she wants to apply for Domino’s franchise:
How to Get Domino’s Franchise in India
Steps to get Domino’s Franchise in India:
- Step 1
The first thing that an investor needs to do to open Domino’s franchise in India is to fill out an application form to apply for Domino’s franchise in India.
- Step 2
If the application the candidate is shortlisted, then he or she will receive documents from the company for a telephonic interview.
- Step 3
If the telephonic interview goes well, then the franchise development manager of the company will arrange for a franchise development meeting to discuss the finer details of the business.
- Step 4
If the outcome of this meeting is positive, then financial data will be sent to the potential franchisee for due diligence.
- Step 5
The next step is training and orientation where the franchisee will learn the ropes of the business and will be given knowledge as to how to run the business successfully.
- Step 6
The final step is the franchise agreement, the signing of which makes the individual a Domino’s Pizza franchise owner.
Domino’s Franchise Cost in India
One thing that an investor wants to know while making his or her decision on whether to invest in a company or not is how much will be the cost incurred in becoming an owner of the franchise. In the case of a franchise of Domino’s in India, the cost of investment depends on whether the store is traditional or a non-traditional one.
For a traditional Domino’s Pizza store, the cost of investment that an investor has to incur in order to become a Domino’s Pizza franchise owner comes to around 30 lakh rupees. For non-traditional stores, an investor will have to put up around 50 lakh rupees in order to own a Domino’s Pizza franchise.
Domino’s Franchise Profit in India
Although there is no solid information on the internet to highlight the profitability of a Domino’s franchise, it can be safely said that by investing in a huge company like Domino’s and becoming a franchise owner, a person tends to earn a large number of profits. It is also expected that a person can make 2 to 3 lakh rupees in a month depending on the location of the store.
Domino’s Franchise Enquiry
If a person has any query and wants to get in touch with the support staff of Domino’s to get his or her questions answered, then they can make use of the following information:
Jubilant FoodWorks Limited Registered & Corporate Office, B 214, Phase II, Noida – 201 305, Phone: +91-120-4090500, Fax: +91-120-40905599.
FAQs Regarding Domino’s Franchise in India
Yes, Domino’s Pizza does offer franchise options in India but for that, a person has to go through Jubilant FoodWorks Limited who overlooks the franchise side of the company.
There are certain steps that need to be followed by an individual in order to acquire a Domino’s Pizza franchise in India. First, fill out an application then the company sends documents to the individual for a telephonic interview. Then a franchise development meeting is arranged by the management team. After that, the individual receives financial data from the company for due diligence. Then come the training and orientation part after which the investor has to sign the franchise agreement and he or she becomes the owner of a Domino’s Pizza franchise.
A person who owns a Domino’s Pizza franchise in India stands to make anywhere between 2 to 3 lakh rupees in a month depending on where the store has been situated.
The cost of investment for a franchise of Domino’s in India varies depending on the type of store that a franchisee wants to open up. For a traditional Domino’s Pizza store, the amount of investment that an individual has to put up comes to around 30 lakh rupees. In the case of non-traditional stores, the cost of investment comes to around 50 lakh rupees.
The master franchise of Domino’s in India is held by Jubilant FoodWorks Limited.
Yes, it is mandatory for every person to sign the franchise agreement to become a Domino’s franchise owner. In the case of a transitional Domino’s, the franchise agreement holds up for 5 years. In the case of traditional and non-traditional stores, the franchise agreement is valid for 10 years.
If you are looking to invest in a pizza company, there is no better option in the world than Domino’s. In February of 2018, the company sold the largest amount of pizzas on the planet.
People in India can open a Domino franchise in partnership with Jubilant Food Works Limited. This means that if you meet the minimal eligibility criteria as mentioned and you have the space and funds for the franchise, you can go ahead and start one too.
Believe it or not, Domino is one of the biggest pizza giants in India. It captures most of the market in India, which makes sense why they are also quite profitable.
Depending on the footfall and the location, most of the Domino franchise outlets in India can earn between Rs. 1-2 lakhs in profit.
Similar Franchise Opportunities:
- PizzaHut Franchise in India
- Oyalo Pizza Franchise in India
- McDonald’s Franchise in India
- Subway Franchise in India
When it comes to pizza, there is a no bigger name in the entire world than Domino’s. The company has been dominating the pizza market for decades and has every intention to continue to do so. In India also, Domino’s Pizza has become one of the most popular food franchises. So, if a person has money to invest and wants to invest in a pizza company, they cannot go wrong with Domino’s Pizza.
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