THE REQUIREMENTS.
Domino's is on the lookout for talented, entrepreneurial and passionate franchisees to join us on our mission to be Mr & Mrs Pizza in every neighbourhood. The COMMUNITY champion!
First and foremost, we are looking for people who share our Company values as we are looking to enjoy a long and happy relationship with you.
To assist you with your interest in a Domino's franchise, we have detailed our prospective franchisee requirements which are derived from the skills, attitudes and attributes of the franchisees who are achieving great personal success within the Domino's brand.
A home where the extraordinary thrive
At Domino’s, we are an entrepreneurial, fun and inspiring family that encourages each of us to be our best every day.
Our franchisees are not afraid to roll up their sleeves and be hands on in the business, working alongside and engaging their teams to achieve outstanding products, service and success. They share in our passion and energy for the brand, set the bar high and are always hungry to be better. They are proud brand ambassadors who wear their Domino's uniform with pride.
Are you our next Domino’s franchisee?
VISAS.
Domino’s cannot accept any applications from non-permanent residents of Australia. Australian citizenship or permanent residency is required by the main applicant, their spouse/defacto partner and any proposed business partners.
All Guarantors and Owners of a Sub-Franchise company entity must be permanent residents of the country in which the store is located. This policy applies to the majority 51% majority share holder, any minority business partner/s and the spouse of the 51% majority shareholder.
The Spouse of the 51% majority shareholder in the Sub-Franchisee entity is required by DPE to be a Guarantor under the Sub-Franchise Agreement. For the purposes of this Policy, "Spouse" means the married or de facto partner of the 51% Shareholder. This includes a couple, of any gender, living together on a genuine domestic basis.
FINANCIAL.
Cost to buy a Domino's Franchise
The cost of a new Domino's store is generally between $400,000 - $650,000 + GST. This can vary depending on factors such as the location of the store, landlords' site contributions, size of the premises, type of equipment and so on.
The investment amount for an existing store opportunity is usually between $500,000 - $850,000 and can vary depending on many factors such as store performance, refurbishment due date, remaining Sub-Franchise Agreement term and so on.
We require that prospective franchisees have approximately 40% of the total investment in cash and/or available equity, which for a new store opportunity is around $250,000 - $300,000 + GST.
Obtaining finance is the individual responsibility of prospective franchisees. Domino's are proudly accredited through all the major banks and also have fantastic relationships with partnered finance brokers. Should you require assistance regarding the financing of a Domino's store we will gladly put you in touch with a lending specialist to assist you further.
Initial costs
Initial costs include a franchise fee of $14,000 + GST (for corporate or new store sales), document/legal preparation fees and the other costs associated with completing your own due diligence.
Full training is provided at a cost of $25,000 + GST.
If you’re a Domino’s store manager, we have a tailored training program at a much-reduced cost.
Ongoing Costs
Ongoing costs include a royalty fee of 7% of gross sales, paid every month and each outlet contributes 6% of sales towards national advertising.
For new stores, we have an incentive structure which includes reduced royalty and marketing spend.
Please note: Due to the competitive and confidential nature of our industry we are unable to disclose store specific financial data in the initial stages of the application process. We recognise that you will need financial data to commence your own due diligence and this information is typically made available post the successful completion of step 4 in our application process, being a face-to-face meeting with our Franchise Development Manager.
EXTERNAL ACTIVITY.
Operating a Domino’s store is a big commitment and requires a lot of excitement and passion for the industry. There is a lot of physical time and energy required to successfully operate a Domino's store.
At Domino's we are not looking for passive investors, rather we are looking for passionate and engaged franchisees who will be putting their full time, focus and energy in to furthering their business portfolio with Domino’s, rather than diversify their business portfolio with other business activities.
For these reasons we require that our franchisees or majority business partners forgo other business ventures or other forms of employment in an effort to focus on building their own Domino's pizza empire.
BUSINESS PARTNERSHIPS.
If you are considering a business partnership, please be aware that with all business partnerships we require a majority business partner/shareholder.
For example: if there are two business partners, one partner must hold at least 51% shareholder while the remaining business partner holds the remaining 49%. The majority business partner is legally and operationally responsible for the business. This means that they have a controlling interest in the business and are able to make decisions on behalf of the minority business partner. The majority business partners need to put in the physical time and energy required to successfully operate the store on a full time basis. This person will be our 'Hands on Hero' and our main point of contact for the application process.
The Prospective Franchisees will be required to forgo any other business activities and/or other forms of employment. It's also a requirement that the spouse/defacto of the majority business partner is an Australian permanent resident or citizen. Even if the spouse/defacto does not wish to be operationally involved in the business, as the spouse of the majority business partner we require that he/she completes initial documents, be present for any face-to-face meetings during the process and also complete an information request form in support of the majority business partner's application.
Please note that all business partners will be required to attend any face-to-face meetings during the application process.
Being a majority business partner is a big commitment and needs to be carefully considered when discussing your business partnership strategy with your prospective business partners.