Here’s How Much It Costs To Open A Domino’s Pizza Franchise In South Africa
Here’s How Much It Costs To Open A Domino’s Pizza Franchise In South Africa. The Pizza industry in the country has grown a lot as many outlets have been offering its customers the best value for their money; this includes the quality and the goodness of the Pizza. Pizza companies have also managed to take advantage of the worldwide fame that the Italian dish has garnered over the years to build a successful and sustainable business.
The Initial fee that the company requires franchisees to pay is R175 000. The total set-up costs for the establishment are estimated to be around R1.8 million, depending on the size of the site, this amount also includes the franchising joining fee, store design, and staff training. Domino’s Pizza’s royalty fee is 7% of the franchise’s turnover sales and its marketing fee is about 5% of the franchise’s turnover sales.
Domino’s Pizza is an American multinational pizza restaurant chain founded in 1960 and led by CEO Richard Allison. The corporation is headquartered at the Domino’s Farms Office Park in Ann Arbor, Michigan. As of 2018, Domino’s had approximately 15,000 stores, with 5,649 in the U.S., 1,232 in India, and 1,094 in the U.K. Domino’s has stores in over 83 countries and 5,701 cities worldwide. This shows how successful the company has become since its inception, with this level of success the company has been able to garner, investing into a Domino’s Pizza franchise can lead to be a cert lucrative investment as it is growing yearly.
Domino’s Pizza leads its market category due to high quality manufacturing and distribution of its food ingredients, reliable and fast delivery, as well as high impact marketing. The Domino’s economic model is built on strong cash-on-cash returns. Its industry-leading technology platform enables franchise stores to do online ordering, direct email marketing, cost controls and store management. Domino’s value-added supply system ensures quality, consistency as it leverages its purchasing power.
