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The Group has since grown to open over 9,000 franchised and 3,000 Company-owned stores in more than 80 countries, making Domino's the world's largest pizza chain.
Domino's is one of the most well-known food chains worldwide, with many stores everywhere, from India to Brazil. The cost of running a Domino's franchise differs substantially from region to region in India.
It is due to the different levels of economic development and regional differences in market dynamics. India has the second-highest number of Domino's stores globally, with 405 stores across 118 cities. They're planning to add another 167 stores by 2020, however!
But are you interested to know how much each of these franchises costs? Read on for more information on this topic and how much it costs to own a Domino's franchise in different Indian regions.
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Domino's Franchise Cost In India
If you are looking to invest in a Domino's franchise in India then the initial starting investment can range from ₹60 Lakh to ₹80 Lakh.
Pizza is one of the most viable businesses in India. The country's love for Pizza is evident from the numerous international and domestic brands outlets that have cropped up in recent years.
The Indian pizza market is proliferating and is expected to reach Rs 2,500 crore by 2025. Given the immense potential of the pizza business in India, investing in a Domino's franchise can be a lucrative opportunity.
Domino's is one of the most popular pizza brands globally and has a strong presence in India. The brand has over 500 outlets across India; everything you need to know about the investment cost, associated risks, and returns.
A Domino's pizza outlet is an excellent option for anyone looking to enter the food franchise business. It is a famous brand with a strong presence in India.
The company has a wide range of products and a good delivery network. It also has a dedicated customer base. The franchise cost is reasonable, and the company offers good support to its franchisees.
Domino's Franchise Cost
Expenses | Amount ( in INR) |
|---|---|
Domino’s Franchise Fee (10 Lakhs) +18% GST | ₹11,80,000 |
Equipment and Machinery Expenses | ₹20,00,000 |
Civil Work, Interior & Furniture Expenses | ₹20,00,000 |
Training, transportation, maintenance , Licensing, Marketing, and other costs | ₹10,00,000 |
Total Initial Investment (₹) | ₹61,80,000 |
Types of Domino's Franchise
There are 3 Different types of Domino's Franchise; the Express model, the Traditional model, and the Nontraditional model.
1. The Express model - is a small-scale operation designed for quick service and delivery. This type of franchise can be set up in a small space, such as a kiosk or a food court. The investment for an Express franchise starts at around Rs 10 lakhs.
2. The Traditional model - is a full-service operation that offers a complete dining experience for customers, including a waitstaff to take orders and serve food. This type of franchise requires a larger space and an investment of around Rs 20 lakhs.
Because of this, full-service franchises typically require square footage than other types of restaurants. But if you can find a good location and build a loyal customer base, a full-service Domino's franchise can be a very successful business.
3. The Nontraditional model - These businesses may not have a physical location, but they offer Domino's products and services through other channels such as online ordering or food trucks.
This type of franchise requires a significant investment, starting at Rs 30 lakhs. It is typically set up in high-traffic areas, such as airports and malls.
The best way to determine which type of franchise is right for you is to speak with a Franchise Consultant. They can help you determine which option would fit based on your location, budget, and business goals.
Domino's franchise cost in India
Domino's Pizza is a popular pizza chain with over 4000+ stores in India. The company has a presence in most major cities and towns in India. The main reason for this is the high demand for Pizza in India.
Indians are among the largest pizza consumers globally, and they account for around 70% of Domino's Pizza sales. Apart from Indians, Domino's Pizza also has a strong presence in the Middle East, Southeast Asia, and South America.
- The franchise cost for a Domino's Pizza store in India is ₹60 Lakh - ₹80 lakh, relatively low compared to other countries.
- The cost to purchase a franchise for a traditional pizza joint ranges up to 50,000,000 rupees in India.
- Setting up an alt outlet may cost 30 lacs INR Independent franchisees run most Indian Domino's Pizza stores. However, there are also a few joint ventures between Domino's Pizza and select domestic and international brands.
Important information regarding Domino's franchise in India
The good news is that Domino's plans to invest heavily in its India franchisees, providing them with several support services such as marketing, training, and financial assistance.
In addition, the company is also offering a royalty-free license, which means that franchisees can use Domino's name, logo, and recipes without paying any fees.
So what are the requirements for becoming a Domino's India franchisee?
- You have to sign a five-year franchise agreement to open a pizza outlet. The rights are given over for ten years with other outlets, such as traditional or nontraditional outlets.
- If you want to be a franchise owner of Domino’s you must know what you do. Get the training, and if not, apply for help from their Partners Foundation.
- They provide classroom training to the franchise owners to give them the physical and mental skills necessary to run an efficient store.
- These include having at least two years of operational experience in a fast-food or Pizza business and excellent customer service skills.
In India, operating costs for a Domino's Pizza franchise are typically higher than those incurred by traditional fast-food chains. Domino's Pizza places a greater emphasis on quality food and customer service.
Accordingly, the franchisee must invest in modern kitchens and delivery infrastructure and hire reliable staff.
The essential requirement for opening Domino's franchise in India
To set up a domino's franchise in India, you must meet a few basic requirements :
1. Location: You will need to locate your Domino's franchise in a populated area. The more people in the area, the better.
2. Infrastructure: You will need excellent and reliable infrastructure to run your Domino's franchise. An area of 600 sq ft minimum for the pizza kitchen and an additional 500 sq ft for seating and storage. It also includes good roads, adequate storage facilities, and a solid customer base.
3. Workforce: You will also need a qualified workforce to successfully run your Domino's franchise. A committed team of five to seven people. It also includes people who can work under pressure and handle difficult situations.
4. Delivery Option: You will need to offer delivery options as part of your Domino's franchise. You will need to have a team of delivery drivers available. If you meet all of the requirements listed above, opening a domino's franchise in India is possible.
5. A Good Marketing Strategy with a target audience comprising young families and first-time restaurateurs. If you have all the required qualifications and can prove that you have the financial resources to open a domino's franchise, your wait may not be too long.
In fact, according to recent reports, the market for Domino's franchises in India is proliferating, and there are currently over 1,000 active franchises across the country.
What are the Steps to open Domino's franchise in India?
If you're interested in getting your own Domino's franchise in India, there are a few steps you need to take.
- Firstly, research the various franchise opportunities that are available in India. There are a variety of sizes and types of franchises available, so it's essential to find the right one for your business.
- Secondly, contact a Domino's representative in India to discuss your interest in starting a franchise. They will be able to provide you with more information about the process and help you get started on the right track.
- Thirdly, once you decide on a location and choose a franchise type, it's time to gather financial information. It includes determining how much money you will need to invest and estimating how much revenue your business could generate over time.
- Fourthly, prepare for the Franchisee Application Process. It includes completing an application form and submitting documentation such as financial statements, marketing plans, and previous business experience. If everything looks good, the franchisor will likely review your application and offer you a contract to sign.
- After the application process, you will come to the orientation process that allows the franchise owner to learn about their responsibilities in-depth.
- Finally, the last step of the processing of the franchise agreement. Once an applicant meets the criteria set by the company, they provide them with a signature agreement for their signature.
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Conclusion
The good news is that the cost of opening a new store in India is relatively low when compared to other countries. If you're thinking of setting up a Domino's franchise cost in India, there are some costs you'll need to take into account.
This article outlines the essential expenses you'll encounter when starting a Domino's franchise in India. Then we will give you an indicative breakdown of the cost of setting up a store in India.
Hopefully, this information will help you decide whether or not opening up a franchise is right for you.
I hope you liked our article on dominos franchise cost in India , if you have any comments or suggestions do share them in the comments below.
Frequently asked questions
1. Is Domino's a profitable franchise in India?
Based on data from Forbes, a conservative estimate suggests that a Domino's franchise is profitable in India. This estimate considers the cost of buying and running a Domino's franchise and local competition, and customer traffic.
If these estimates are accurate, then it would mean that Domino's franchises are generating an annual net income of around $2 million per location in India.
2. What is the cost of Domino's franchise in India?
If you are looking to invest in a Domino's franchise in India then the initial starting investment can range from ₹60 Lakh to ₹80 Lakh.
3. Is a pizza business a good investment?
There are many reasons to think that investing in a pizza business might be good. For one, Pizza is a popular food item, and there is likely to be strong demand for pizza products.
Moreover, pizza businesses can be started relatively quickly and don't require much investment.
