The fast-food chain offering delicious Pizza worldwide Domino’s was established in the year 1960. It is leading the Pizza industry with a record of serving Pizza to 70 countries and one million people. There are more than ten thousand stores of Domino’s worldwide. Indian people welcomed Domino’s, that’s one reason this thirty-minute delivery thing worked for everyone who tasted pizza for the first time. Investing in Domino’s sounds like a good option if you are considering making an investment for buying a franchise.
Jubilant Foodworks Pvt. Ltd. offers both vegetarian and non-vegetarian variants of Pizza. The company also revises its menu and deals, so as to boost sales. It is dealing with products other than Pizza which include Garlic bread, choco-lava cake, Tacos, Butterscotch Mousse cake etc.
In India there is a craze for Domino’s and people in metros order a Pizza for most of the occasions, hence making this business a profitable venture. In India alone, there are more than 550 stores owned by Domino’s and the market share as compared to other Pizza stores is 62% of the total demand. Jubilant does not wish to compromise on the quality of the product, and routine examination is carried out to check the hygiene and other resources within the store. The company looks after the franchise stores as well, hence do not trust any third party promising a franchise of Domino’s without the name of Jubilant Foods. The number of stores owned by the company is 387 and franchise store is 9653.
Investment required for opening a Domino’s franchise
Depending upon the type of store, the amount of investment ranges from
30 to 50 lac for a non-traditional or transitional store.
62 lac to 2 crores for a traditional store.
Royalty Fee charged by Domino’s
Additionally, a Royalty fee of 5.5% and an advertisement cost of 4% is charged over weekly sales. Other than this, 1.5% audit expenses, a thousand dollars for training and fifteen hundred dollars for transfer fee is charged. An annual fee of four hundred and fifty dollars is charged for software updation.
Owning a franchise of Domino’s thus is a costly affair. However, among the two categories of the franchise, the internal franchise option is for employees who served at high designations at Domino’s for a considerable period. They might receive some benefits from the organization as compared to those who opt for an external franchise.
Steps to get a Domino’s Franchise in India
Getting the approval for a franchise by Jubilant is solely dependent on the company’s decision and it may take 15 to 20 days for the process to be complete. For this, you need to
- Fill the application form on the Domino’s website.
- Once you express your interest, a confidentiality agreement is done.
- Thereafter, a phone call for verification will be made and you will receive a self-assessment report following a face-to-face interview.
- If you qualify, you are sent for orientation and operational assessment.
- You are trained to run a Domino’s outlet and the necessary resources need to be purchased during this phase.
- With the initiation of formal franchise process, confirmation is done by signing an agreement.
- An 8 weeks long training session is then held, following which you can run and operate a store of your own.
Contact details of Jubilant FoodWorks Limited office addresses
For additional information related to franchise or operating costs, you can contact their officials at Dominos head office.
Address: B 214, Phase II, Noida – 201 305
Phone: +91 – 102 – 4090500, Fax: +91 – 120 – 40905599
Official Website: www.dominos.co.in