Domino’s Franchise Cost In India: Price, Requirement and More
Domino is one of the leading brands that delivers pizza globally. There must be a Domino shop near you. Do you ever wonder what Domino’s Franchise Cost In India? Why are there so many shops? Requirement? Process? If yes, you should read the paragraphs below. The brand has demand, and if there is one shop for pizza in every mall, it must be Domino.
What is Domino?
Domino is the world’s most popular pizza brand. James Monaghan, Tom Monaghan, and Dominick DeVarti founded the company on December 9, 1960. According to the records of January 2022, the brand has 18,848 locations. Domino sells Chicken wings, Dessert, Pasta, Pizza, and Submarine sandwiches. Today, the brand has approximately 15,000 stores worldwide.
Types of Domino’s Outlets in India
There are mainly three types of processes to establish Domino’s Outlets in India, such as:
1. Traditional Stores
Domino’s outlet is situated in any big building, such as a mall, or has a parking area or building known as a traditional store. They are mainly found in malls, Domino’s shops, and other places.
These are the stores where the public visits in person to order pizza, browse the menu and pick up their order.
2. Non-Traditional Stores
Domino’s outlets are situated in non-traditional buildings such as hospitals, stadiums, airports, and more. The public can take their order and take them to their place. Only a few provide a seating area. They mainly provide takeaway services.
3. Transitional Stores
The transitional stores have different menus designed according to the region’s tastes and area. Moreover, there are fewer customers than in the other outlets in this type of store.
What is the Domino’s Franchise Cost in India?
Pizza is an Italian cuisine, and Indians are die-heart fans of Italian food, especially pizza and noodles. So, opening a Domino’s Franchise in India is profitable. At first, the Indians used pizza on special occasions such as birthdays or kitty parties. But these days, it has become a type of normal food.
Moreover, if you add a delivery service, you can easily earn money through it. Your monthly income can rise to 2 lakh. Authentic Italian pizza franchises cost more than normal pizza franchises. Domino’s became the pizza’s leading brand in 2018. Since then, it has cost Rs 50 lakh for traditional stores and Rs 30 lakh for non-traditional stores.
Other expenses for Domino’s Franchise establishment
Domino’s franchise cost in India is INR 50 and INR 30 lakh, but this is just for the franchise. The cost rises as equipment and machinery are added, approximately INR 20 lakh. Additional investments include civil work, interior design, and furniture, all of which cost INR 20 lakh. Training, Maintainance, Licensing, Marketing, and other costs can rise upto INR 10 lakh.
Moreover, these can vary depending on the location and type of area. Before implementing the franchise, you should have money upto one crore. Also, your ongoing investments, such as employee salaries, rent, and advertisement, can cost more. A strong strategy is also required for the implementation.
Document and Other Requirements for Domino’s Franchise
There are major documents that are required to take a Domino’s franchise, such as:
1. Existing Business proof
2. Business Registration
3. Aadhar Card
4. PAN card
5. Character Certificate (PCC)
6. Report of business turnover (last three years)
7. Insurance
8. FSSAI
9. Address Proof
10. GST number
11. Photos of Property (all angles)
12. Property Paper
13. EPF/ESIC
14. Sub-Franchise Agreement
15. Audit report
Other requirements for Domino’s Franchise are:
1. Location: Choose the location wisely before registering the area. The store must be situated in an area where many people visit regularly. It plays an important role in the expansion. More customers means more revenue.
2. Store Size: The size is important; the minimum size must be 600 to 2,000 square feet. Moreover, it includes all areas, such as the kitchen, parking, and seating. Try to get more area so that customers have enough space.
3. Seating capacity: The seating area should be large so that more people can sit and order the meal. This is helpful for the owner’s growth. The area should have at least 20-30 people’s seating capacity.
4. Kitchen Equipement: The franchise owner should have enough area and equipment to make best pizza. Equipment such as oven, Pizza stone, peel, rolling pin, pizza cutter and more.
5. Storing area: The owner must have a storage area to store the excess material. This cost-effective option requires packaging, ingredients, and other storage requirements.
6. Parking area: Parking is important as most people need to park their vehicle before entering the store. This is not only for customers but also for delivery partners. So, the parking area must be large.
Final Line
Domino’s franchise cost in India is approximately Rs 50 lakh for traditional stores and Rs 30 lakh for non-traditional stores. Planning and strategies are the strong base of implementation. Make sure to complete the paperwork before implementing. Document verification is important. Other requirements are location, store size, seating capacity, and more.
Also read about: IREDA Share Price: 5 Reasons Why You Should Invest In IREDA