What Is The Cost For A Dominos Franchise In India In 2023?

 
What Is The Cost For A Dominos Franchise In India In 2023?

Are you looking to open a Domino's franchise? Don't worry, you've come to the right spot. In this article, you'll find out about the cost of a Domino's franchise in India in 2023. With over 9,000 franchised and 3,000 company-owned outlets in over 80 countries, Domino's is the world's biggest pizza chain. The fee for owning a Domino's franchise varies everywhere in India depending on the degree of economic development and regional variations in the market conditions.

In India, there are 405 outlets dispersed across 118 cities, with an additional 167 stores planned to be added by 2020. Do you wish to know how much these franchises cost? Read on to find out more regarding the cost of owning a Domino's franchise.

Types of Domino's franchises in India 

1. The Express model 

The Express model is created to offer speedy service and shipment. This type of business opportunity can be established in a small area, such as a cart or a food hall. It requires a minimum investment of approximately Rs 10 lakhs to start an Express franchise.

2. The Traditional model

The Traditional model of franchises is an experience that provides customers with a complete dining experience, including waitstaff to take orders and serve food. This kind of franchise necessitates a bigger space and an investment of around Rs 20 lakhs. As a result, this type of franchise typically requires more space than other food service establishments. However, if you locate a good spot and build a dependable customer base, owning a full-service Domino's franchise can be highly lucrative.

3. The Nontraditional model

The unconventional business model involves investing a minimum of Rs 30 lakhs to provide Domino's products and services without a physical store presence, for example through online ordering or food trucks. These franchises are normally situated in areas that have a large amount of traffic, like shopping centers and airports.

Domino's Franchise Cost

Domino's Pizza is a popular pizza chain with more than 4,000 restaurants in India, distributed in the major cities and towns. This is due to the great demand for pizza in the country, among Indians being the majority of customers accounting for 70% of their sales. Along with India, Domino's Pizza also has a major presence in the Middle East, Southeast Asia, and South America. Owning a franchise for a Domino's Pizza store in India is relatively inexpensive compared to other countries, with a cost of 35-50 lakh rupees.

Conversely, a standard pizza franchise can go up to 50 million rupees. In addition, setting up an alternative outlet may cost 30 lacs INR. Most Indian Domino's Pizza stores are operated by independent franchisees; however, there are also a few joint ventures between Domino's Pizza and select domestic and international brands.

Steps To Open Domino's Franchise

  • First, do some research into the different franchise opportunities available in India. There is a wide range of sizes and types to choose from, so it is important to pick the right one for your venture. 
  • Second, reach out to a Domino's representative in India and discuss your interest in starting a franchise. They will provide more information about the procedure and get you on the correct path. 
  • Third, after you decide on a location and a franchise type, collect all the financial data you need. This includes determining how much capital you will need to invest and estimating the potential income your business can generate over time. 
  • Fourth, get prepared for the Franchisee Application Process. This includes filling out an application form and submitting documents such as financial statements, marketing plans, and your previous business experience. If all looks good, the franchisor will review your application and offer you a contract to sign.
  • Following the application phase, an orientation process will occur that enables the franchisee to gain an extensive understanding of their duties.
  • At last, the final phase of the franchising process is complete. When a person meets the conditions laid out by the company, they are given a contract to sign.
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