How much money do you need to open a Domino’s Pizza franchise? | The State

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Domino’s Pizza is currently the number one pizza chain in the United States, and it is not for less, since has more than $ 7,000 million in annual sales with its more than 6,000 stores, which, on average, have more than $ 1 million in annual sales each.

Even with the coronavirus pandemic, Domino’s was able to adapt quickly by attracting new customers seeking food delivery options while in quarantine.

Domino’s franchisees have reported that six-figure income is possible at their restaurants, and more than half of franchisees own more than one branchSo it’s not surprising that there is an increase in the number of people wanting to own their own Domino’s Pizza.

If this is the case, keep in mind that you will need to prove that you have $ 75,000 in liquid assets (which are those that can be converted into cash in the short term), in addition to paying a franchise fee of $ 25,000. This is all just for Domino’s to consider for a branch opening, Mashed reported.

After this, and if you are accepted to open a franchise, the total investment can be between $ 120,000 and $ 462,000 dollars, and you must pay a royalty rate of 5.5% of sales to the chain.

Another thing to consider is that more than 95% of Domino’s franchisees started out as chain employees, where they learned the skills needed to run a franchise.

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