How to Buy a Domino's Pizza Franchise

Since 1960, Domino's Pizza has been recognized as a strong leader in pizza delivery. More than 8,300 franchise and company-owned stores make up a strong network in the United States and 55 other countries. Buy a Domino's Pizza Franchise and enjoy company support in the areas of advertising, marketing, site selection and distribution of equipment and supplies.

Instructions

Difficulty: Moderately Challenging

1. Review the requirements for owning a Domino's Pizza franchise on the corporate website. Requirements include one year of experience as a general manager, successful completion of a training program, a minimum of $30,000 in personal liquid capital and a strong credit history.
2. Read the costs of owning a Domino's Pizza Franchise on the corporate website. Franchising fees run up to $25,000; other additional costs for improvements, furniture, equipment, rent, advertising, training, insurance and operating costs apply. A 5 percent royalty fee, 4 percent national advertising fund, and 1 to 4 percent local advertising fund apply, as well.
3. Complete the initial franchise application or contact Domino's Pizza at (877) 921-TEAM ext. 8. The initial franchise application requires information regarding how to contact you, financial holdings, experience and the area in which you would like to open a Domino's Pizza franchise.
4. Receive and read a Uniform Franchise Offering Circular (UFOC), which discloses the details of their franchise operations.
5. Complete and submit a pre-qualification application. You are required to submit certain financial documentation along with this application.
6. Attend the Domino's Pizza franchise development program where you will be trained on how to run your store.
7. Sign the franchise agreement, and prepare to build your Domino's Pizza franchise.

Tips & Warnings

• Domino's Pizza was recently rated the "Best Franchise Opportunity" in the pizza category by Entrepreneur magazine.
• Franchise fees include the initial franchisee fee, continuing royalty payments, advertising fees and other expenses outlined by the franchise agreement.
• The franchise agreement will outline what type of control you, as the franchisee, have over certain decisions.
• Before signing a franchise agreement consult a lawyer and accountant who will help you understand the risks involved with buying a franchise.
• Always investigate a franchisor thoroughly before signing any type of agreement with them.