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Do you want to know more about opening a Dominos pizza Franchise In India? Well, you’re not alone, cause this is the 2nd largest Pizza chain in the World!
Dominos India is a well-established brand in India. They have their presence all over the country.
Dominos has their presence in as many as 267 Indian cities and with more than 1,200 outlets. In this article, we will help you guide through this journey of being associated with them.
Stepwise Guide On How To Start A Dominos Pizza Franchise in India
Dominos Pizza Company Details
Domino’s Pizza, Inc., incorporated on July 30, 2002, is a pizza restaurant chain company. As of January 1, 2017, the company operated in over 13,800 locations in over 85 countries around the world.
The Company operates through three segments: domestic stores, international franchise and supply chain. Domino’s Pizza operates 1,126 stores in as on 26 October 2018.
As of January 1, 2017, the Company’s Domestic Stores segment consisted primarily of its franchise operations. 4,979 franchised stores of which were located just in the contiguous United States.
Dominos Pizza Franchise History
Jubilant FoodWorks company was incorporated on 26 March 1995 as Domino’s Pizza Indian Private Ltd and began operations in 1996.
Along with that the companies first pizza outlet opened in New Delhi in 1996.
India was Domino’s third-largest market in 2013, behind the United States and the United Kingdom. In December 2014, India became Domino’s 2nd largest market.
As of January 1, 2018, its network of 4,979 domestic franchise stores was owned and operated by 799 domestic franchisees.
Is Dominos Pizza Profitable?
The rights to India, which is Domino’s largest international market outside of the USA, along with Bangladesh, Nepal, and Sri Lanka, are owned by the Indian company Jubilant FoodWorks.
They saw net profit for the June quarter at Rs 24 crore beat expectations, posting a rise of 25 percent year on year. Dominos has also managed to stay ahead of rivals such as Yum Brands’ Pizza Hut last year.
Domino’s biggest source of store revenue, jumped 14.1 percent in the first quarter, above the 12 percent rise expected by analysts polled by research firm Consensus Metrix.
Cost of Starting Dominos Pizza Franchise
The startup cost stands to be approximately $50,000 to $500,000. Total investment after adding various direct and indirect expenses (like insurance, security deposit, opening inventory and supplies charges, opening advertising and promotion costs, training expenses, etc.) stands to be approximately $1,50,000 to $ 4,50,000.
Now you can convert this figure into the local rate. In India, if we convert this figure with the existing average conversion rate of $1= Rs. 61.
The total investment required to open Domino’s store is Rs. 91,50,000 to Rs. 2,74,50,000. Thus to fill millions in your pocket, you must be ready to invest millions too.
Area Required To start Dominos Pizza Franchise
Dominos Pizza franchise outlet can be profitable at any place in the present scenario. Just make sure the location is not in direct completion with other pizza delivering brands.
In fact even in the nearest market of a large apartment in big cities, In seeing the future prospects riding in the middle is always safe.
In terms of size, we would recommend at least a 1000 Sq Ft. to 1500 Sq Ft.
Dominos Pizza Franchise Training
For one to have to become a Franchiser you would have training within their process.
This process includes whether franchisees have at least 12 consecutive months of current management or supervisory experience within the Domino’s Pizza system and completed Domino’s Pizza High-Performance University Crew and Manager Development Programs.
This is followed by a lengthy process of pre-qualification process followed by two days of on-site training.
Dominos Pizza Franchise Support
Special Incentive Programs like VetFran with hefty discounts. Minority and women’s programs are also available.
Covers for store operations, marketing, finance, and human resources. Along with 5-day Franchise development program and 4-day Pizza Prep School.
You also get financial assistance through Domino’s designated lenders’ programs.
Profits of Starting Dominos Pizza Franchise
More than half of Domino’s Pizza franchisees own more than one location. They say there is a reason for that.
Domino’s has built its 50+ year success around its franchisees. The other factors may depend upon the location.
Also, Domino’s also offers name recognition and national advertising support to boost local awareness.
Dominos Pizza Franchise Fee
Domino’s Pizza offers franchises for a fee of 17,50 lacs. The total of which though to the total initial investment ranges from 84 lacs to 3 crores.
These franchise agreement lasts for 10 years and is renewable. The royalty fee is 5.5%. Franchisees need to have at least 50 lacs in liquid cash available.
How to get Dominos Pizza Franchise in India
Dominos Pizza only selects those who undergo their training first. For those who are interested in Dominos Pizza franchising should visit the FMS (Franchise Management School).
Over there you’ll have to fill up a form and they will contact you. They typically get in contact in 2-3 weeks.
Contact Details of Dominos Pizza Franchise in India
Jubilant FoodWorks Limited
B 214, Phase II, Noida – 201 305
Official Website- www.dominos.co.in
Phone number – +91-120-4090500, Fax – +91-120-40905599
Twitter Handle – @dominos
This was everything that you needed to know before taking the call.
Being associated with the worlds 2nd largest pizza chain has its challenges as their training program is rigorous.
We hope you found all the information that you were looking for in our comprehensive Dominos pizza Franchise Guide.