How Much Domino's Pizza Franchise Owners Really Make Per Year
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- เผยแพร่เมื่อ 14 มิ.ย. 2020
- The American Dream is still pursued, to varying levels of success, by most citizens, and creating an empire from nothing is the goal of many an entrepreneur. Have you ever wondered if a franchise investment would pay off? Well, in 2013, an entry-level Domino's employee worked his way from delivery driver to franchisee. He explained his success to CNN, saying that he went from an hourly wage to a six-figure salary. The best part about a franchise investment is that your educational or socio-economic background is inconsequential. All you need is the investment and the drive to succeed (as well as a bit of money). Join us as we detail how much Domino’s Pizza franchise owners really make per year.
#Dominos #Pizza #Franchise
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Domino's or Pizza Hut?
Mashed Dominos > Pizza Hut.
Papa johns 😆
Dominos
Dominoes
Neither. I either go with Hungry Howies 🍕 or Papa John's. Sometimes Little Ceasars. The problem is LC is it's clear they just unfreeze & reheat the crusts, cheese toppings. Still for $5-10.00, it's a decent 🍕 for the $. + its close.
The owner of my dominos makes 3.5 mil a year but has 18 dominos. With good management 1 dominos store can make you 100k+ a year. After 3 years managing im almost ready to franchise. No 4 year college for me lmao.
Did you do it yet? Go get that dough 🤪
How much does it cost to buy a restaurant?
@@andrewjones4774 200k
Get it king
is pizza franchise worth going in with a partner, so split the total income by 2?
Mashed, great video! Enjoy your Tuesday! 💯🙏👐
I named my place Modino's with almost the same logo and colors, I'm ready to open up a second store after 4 years of work now😁
Brilliant!! Way better than buying a franchise. When you buy a franchise, you're basically buying a job.
Is it possible you can get sued though 👀
400k investment for 106K return isn't that good if you know how to run a restaurant. I own a small restaurant and i make well over 200k. When you're a franchisee, you still work for someone else.
Doing it your way is still working for someone else...your customers. Doing it your way has to be more satisfying so a hearty congratulations from me to you is in order. I could never do what you are doing.
No
This is just an estimated return. Ibwork for dominos and my store mamnager brings home 100k with bonuses. It really comes dow ln to location and the team you employ.
You dont buy a franchise to run yo buy to have it run itself and male money for you.
A Taco Bell manager told me he made $100,000 a year. He made like a low amount per hour but worked 7 days a week for 10-12 hours. That not very good.
If this guy has 18 stores and make 6 figure thats not very much. Let say he makes $900,000 a year that equal to $50,000 a year per store. So if you have one store that's not alot.
"Its payday boys" lmaooo
Lmfaoo
🤣🤣🤣
If Domino's typically franchises from within, is there a time requirement for this opportunity? ... How long does an employee need to work with the company before they can qualify for the "discounted" franchise fee?
I think that the stores only reimburse their drivers in cash at the end of the night for their mileage. But they only give about half the deductible amount an independent contractor can claim on their taxes. I think you have to keep a log of your mileage, and you might be able to get a tax deduction on your tax filing if you itemize deductions. ? The other half that you weren't reimbursed for. Say the deductible is 58 cents per business mile for the self -employed. Currently for 2019. Dominos will probably only pay you in cash half that mileage expense. So the rest must be deducted. Most drivers don't do this I think.
Robert Smith this is correct
I actually have "Pizza Time" as my alert sound in my store 😂
I've had a bad experience with Dominos employee too that took my number and started harassing me and made fake accounts to harass me more. Dominos holds your number and address if you've ordered from them before. Alot of dominos are privately owned and when i tried reporting it. The "manager" on the phone said he couldn't do anything and he wouldn't give me his boss's number too. So I had to do my own research. Looking at the past reviews its happened before and yet no one will help. I got the police involved and found his name Kuvi Sarad and filed a restraining order and had to change my number. Dominos really needs to fix their store employee problems
They're people...Dominos had nothing to do with your problem.
Time to apply for Domino’s
The first part contradicts the success of franchisees. 18 stores and being optimistic about the 6 figure claim at 900K, that's 50K per year per store, that combined with the big investment per store seems like a poor ROI.
This is a shit business to invest into unless you wanna own ten locations lol
Yep, and keep in mind you're stilling busting your chops working to keep them going
6 fugires can also be 3 million then u talk about 150k per year clean per store
To add to this I worked at dominos got paid like 9 bucks a hour store was busy af!!!! And it was miserable working the line for crumbs I’ve had jobs that pay over twice that and we’re way easier and less demanding
Only if they had costco franchise pizza.. I'd be down for costco pizza
If you need 18 Domino's to make 6 figures, you need a regular job.
a_random_person all u need is one for 7 figures. I know a guy
That would be very very high 6 figure income. The guy they mentioned is making over 7 figures. They published his story on cnn. I believe his name is Rob Cookston.
@@gizmo1802 when people think 6 figures for whatever reason they automatically think 100k the guys probably make 950k a year🤣
I work at papa john's, a fully staffed store makes between 0-200k a year fully staffed. Profit is very location dependent. Also some stores will lose money unless the owner also operates (in which case it always makes money). I would imagine Dominoes is the same.
The person that owns my franchise makes 2.4 million dollars a year lol I’ve seen his pay stubs
I order domino pizza a lot in Korea. It looks delicious.😋
Bad info. Each dominos store should yield 6 figures for the owner and you need to be a manager for 1+ year before they make you a franchisee
This video is sponsored by dominos themselves:p
never eat Domino's always eat Pizza Hut at my house 😂
Thanks King
If you work for Domino's the Franchise fee is only $5000! I started in 1988. You know it was a long time ago because the year starts with 19. Thanks for all your precious time!!!
and no net worth required either. Be an insider!!!
and the advertising fee is almost as high as royalties.
all you pictures were from New Zealand, I think. Not the USA for sure.
@Chinese Virus You need a minimum of 5 store because you sell a lot of Pizzas for 5.99 and 7.99. Those are almost AT cost, especially if anything goes wrong or bad employees. By the way, no good employees these days. Sad. I'm So happy to be selling my 1 store. Only 1 because they wouldn't let me build more as a "F" franchisee as I was called. Because I called them out on a bad Chicken product and the reason they have 'Specialty Chicken' ...that was because of me pointing out the bad product!
@Chinese Virus I hardly have Hight School. Best place to learn is in the store. Start as a driver and move up. The first store pays for the rest.
Domino's Pizza is a million dollar business everybody love Domino's the best pizza you can never taste
Those pizzas in this video look so nice and fulfilling
Too bad they never create food like that outside of a photo shoot.
@@BadBadgerTrollAccount172 not where I work
No way to much up front money and almost 6 % of the gross and I bet they charge for boxes and other things dont do it !!!
From a Neapolitan and Italian; don't call that a ''Pizza''...it's an insult for the real one and unique one; with ingridients and made from Naples Italy and no elsewhere!
You can make some great money at dominos especially being a driver !!! Although I recommend you have multiple vehicles and management isn’t bad as long you you have employees that will work
Ain't gonna lie that pan pizza is delicious
The only fast food chain that forces surcharges on customers for Sunday lol......
Every town has at least 6 pizza shops. Not worth the risk
So like a corporate store is more chill on everything and a franchise store is the one that is on your ass about making something wrong and not upsetting etc?
Dominos barely puts any cheese or sauce on their pizza. What they do for the camera and in real life is completely different
Not really
That’s because the store u get pizza from has bad employees. A well managed store will be perfect almost every time.
good companies start from the top - the dominos effect
So, wait, you can own the location and still have to pay Domino's if you take a pizza home? Pfffffft!!!
Ain't no way that's if they feel like sharing
I would hope that 18 stores would produce a 6 figure income
I thought for sure after hearing “18 franchises”, I’d hear about a 7 figure income.
@@Johnny-xj5qu They said more than 6 figure income, whats more than 6? 7.
TJTiMe I interpret “More than 6 figures” as meaning more than $100,000 per year. If it’s 7 figures, why not say 7?
Slim Pickens I’m a peasant who makes $80k/month, and wouldn’t hire you to shine my shoes. Man are you a sensitive little boy.
Slim Pickens Oh, and furthermore the average income for a single dominoes franchise is $30k/year. That would be $540k per year on average for 18 franchises, nowhere near $1mil, so I was correct that 18 franchises is not bringing in 7 figures. Slim, you just got bit(h slapped. Sorry
All is right but all employees get half off our pizzas and free pizza if working 6+ hours a day but they are right only the owner gets to give family half off food. I’m a employee at dominos in ND.
Dont even bother getting a dominos is almost impossible, if you want to get one you need to have connections within, headoffice now days only want to give stores to existing franchises.
I can confirm your statement. 8 dominos in my area are owned by the same franchisee
If you’ve ever been involved with franchisees you know why !
I can confirm this as well. I worked at Domino's as a Delivery Driver.
Corp takes less risk/more certainty by giving franchises to ppl who already proved themselves. It's smart business sense
You have to work there first, nevermind the investment.
So basically put your house at risk and work your ass off not gonna lie if I heard this before I graduated high school I would have been working for this
Same old story. Not only is it easy to make a lot of money when you already have a lot of money, but having a lot of money to begin with is pretty much a requirement.
Not easy at all...
😥
That's actually really surprising that the royalties are only 5% that's the same amount that actually goes to Goodwill charity. Too bad their pizza is garbage.
Is there a non compete clause Domino's managers have to sign?
oooo I'll do it for the 50% discount! LOL
That’s what I didn’t get. Only way that would make sense is if the company itself orders all the food and toppings. If I am ordering all the food I’m taking it for free
The 50% off is for the employees of the franchise
BAYAHAHA
y'all complaining about the pay for a fanchise owner are missing the point of owning a frachise. It is an investment. The real money is made in the equity of the franchise.
Think of it as a dividend paying stock. The value of the stock tends to go up. Meanwhile, you still collect the dividend (the salary). Eventually you sell, and collect the big payday.
Or, you hold, hire staff to run the business and collect passive income.
@Chinese Virus As a franchise owner, you own the business itself. The business itself is worth a lot of money, and can be sold at any time, and you the owner can collect the proceeds from the sale.
Lets say you pay $100,000 for a franchise, 5 years later that business is producing $5,000,000/year in revenue. Depending on the type of business it is, you could sell that business for many multiples of what you paid for with the original $100,000 franchise fee. All this while, you are a collecting a modest salary.
I will use myself for example. I bought an insurance franchise for $25,000. In the first year, I also invested about $50,000 of my own money into the business. Total investment = $75,000. After the first year, I was making enough money that I could reinvest the profits, without having any more risk to myself. I currently have enough revenue from the agency to pay myself a modest $60,000/year salary, but based on market conditions, if I wanted to, I know I could sell the agency for about $600,000
You might ask "why would somebody pay $600k for a business that produces only a $60k/year salary?"
Consider this:
1) Not everybody's overhead will be the same. Whoever buys my business may decide to lay off employees, consolidate offices, etc... The buyer may just want the cash flow, and none of the overhead
2) The business may still grow. It may be worth $600k today, but 5 years from now, it could be worth $1,000,000. If managed right, any business could be worth anything.
This is where the real value of owning a franchise comes in. It is the ownership of the business, and the ability to cash out at any time.
That was plain English. Thanks for the detail
Incorrect, the beauty of owning a franchise is that you hit the ground running as soon as you open your doors with systems, a working product, and a name that is already successful which allows you to bypass the growing pains of starting a business. The downside is that The Franchisor reaps the overall reward of the success of a business = its equity, not the franchisee who only sees the success of the individual franchise.
Bingo!! :)
Why not just buy domino stock tho?
It really depends on where your store is and how much business you do I worked in California at a dominoes in the 80s and we had the second highest earning single store and they made close to 600,000 a year profit, some stores barely make money, It depends on how well it’s managed and how good of an area you have but for what you get for $100,000 investment plus you also have to work there for a while, I believe you have to be a manager for at least a year, you’re going into a business you know and have already been running so it’s a pretty Great deal and generally you can make very good money, six figures off of 18 stores seems incredibly low to me, I think most single or double store owners make well into the six digits. Are used to make deposits and we would do nights where we put more than $20,000 in the bank from one store.
That's alot the store I used to work at was like 2k sometimes less lmao but it's a small city
Without taking the expenses into account, the amount of the deposit is meaningless.
@@unclececil other than rent and utilities expenses were about the same because dominoes use the commissary system so all your supplies and the boxes and the food supplies all cost the same at every store so the profit margin is the same, the only variable would be property expenses and potentially a little variance in labor and the busier you are the lower you are utility percentages would be but for the most part it’s pretty close and expenses are going to be about the same at any store. They do a lot of research first so, at the time anyway, they weren’t opening stores in the middle of nowhere that had no potential for an usually wear one leasing expenses would be more you’re also going to have more sales to make up for it. But in the mid 80s that was a whole lot of money to be depositing every night for a restaurant.
Absolute bullshit. You can publicly see the sales figures of dominos, and they have also posted stores sales records etc, and there’s no store that’s ever grossed 140k a week (20k per day). I think you are very confused. The busiest dominos store and highest store level sales record in the world is $3.2 million in a year (just under 10k a day…).
@@f1cars547 you’re wrong, number one on weekends you make 2 to 3 times what you make on weekdays and in the 80s there was no food delivery other than the rare Chinese restaurant and pizza, also I was in Southern California and our owner was in the top 16 dominoes franchise owners with only one store, everybody else in the top 20 had many stores. There were many nights we put more than 20,000 in the deposit.
Domino's = Rubber Pizza !
That's not a lie cuz somewhere down the line you ate Domino's Pizza somebody in your family ate Domino's Pizza y'all say dumb stuff because y'all used to living backwards
No he entendido una mierda de esa verborrea guiri, pero las Pizzas Dominos son buenísimas!!!👍🇪🇸
Explica como se hacen los dueños de Domino's y que la mayoria son ex empleados que comenzaron desde abajo.
Fri Check What?
Que es verborrea guiri?
Better off owning a a chain of subways imo
I 55 can I start delivery dominos pizza zzz hopeto own one in future
much better off with a Krispy Kreme store !
No franchise fee for internal candidates. Not totally factual. GM's make 75K a year.
Wait till I make my own 😉
Wait you own the pizza shop but you got to pay 50% off? FYI I am writing this before the video is over
That's pathetic for actually owning a store. A head manager at In n Out makes like $160k a year and doesn't even own the place 😂
It is also going out of business.
Jonathan lmao in n out going out of business, lmao 😂 your a joke
@@things4yougaming723 oh are they?? You’re not very smart
Too bad they don't invest enough time making good pizza... And their box design has to be the worst pizza box ever. If you can't open it, grab a slice and close it with one free hand it's junk. Their box almost always requires two hands.
Dominos, all the way! I am a big fan of Dominos; their pizza is the best and very tasty. The quality of the pizza is outstanding.
Hell naaaaah my owner made 2 mili last year
Most of this information is incorrect
I own a couple and best investment I made!!!
I am interested to own a dominos franchise, please guide
@@fortunate100 be a supervisor or general manager for at least a year, average a 4 star OER rating, and have like 50 thousand in your bank account
@@quaidkeith6616 do I just need $50000 only in liquid cash?
If it is that sweet and easy, whey do they need franchisees? The branches should be owned by the company itself... Take this with a grain of salt, sorry with a pound of salt...
I work at Papa John's Pizza, the system is very, very profitable. Finding drivers, insiders, finding assistant managers, and good general managers is very, very difficult. The hardest part of working or owning the store is finding good employees for all 3 positions.
This video encourages you to work there and maybe you’ll own a franchise. How can you save over 100 grand from working at Dominos?
Tips in white neighborhoods
Get a loan
@@norcalsportscards6428 The bank isn't going to give anyone a loan.
@@wileecoyote5749 worked at dominos for a year in a rich white neigborhood and at best you will make 30k a year and after taxes its more like 15k a year. You will never move up working as a driver btw
@@wileecoyote5749 I’m a delivery driver in a wealthy town and you make about 100 dollars a shift (evening and night). So i make about 1100 dollars a paycheck so that’s only like 30k a year
I'm a District Manager for a Domino's Franchise and this video has to be very old. Maybe 2013 because of the uniforms. Not to mention those boxes look like a International Domino's. In summary not a very good representation of what a Franchisee makes in 2020 or even 2018. So, not very accurate.
From your experience what does a typical franchise make?
Anywhere from $10k to $30k a month. A lot of variables come into play when talking about what a Franchisee makes but there's a couple variables but in my experience in CA, NV and TX. I can say Domino's is not an easy Franchise to run, it's a beautiful science. You can't get off the couch invest in a Domino's and make tons of money. Doesn't work that way. Takes years of experience, 100% Franchisee's that I have met started in Domino's as Drivers or Pie makers. Also, to be considered a requirement is to be a GM for a minimum of a year and have a 4 star average in your Operation Evaluation Reports throughout the year.
It's important to mention that's per location.
@@antonioph861 Thank you for your response.
Payed by domino's? 🤔
I have worked in many Pizza Restaurants throughout the years and Domino's is by far the worst company I have ever worked for. Always understaffed. Domino's charges almost 5 dollars for delivery fee and only pay the driver 1 dollar from that delivery fee, which was also considered your reimbursement for mileage. Sometimes you will drive 5-8 miles round trip for a delivery and zero tip. This happened often since I worked by a college.
Most managers and assistant managers are incompetent and show favoritism to others. Only way to get the schedule you want is to kiss ass. I have seen people be promoted to assistant managers 1 week after they were hired, even if they made shitty pizzas. The franchise owner was very full of himself. When you get hired you were suppose to attend a two day orientation. The orientation was literally about the franchise owner and how "good" of a person he was.
Many of the store's I have seen form Domino's are dirty and disgusting. People do not wash the equipment correctly and kind of rinse it without really scraping the food off. I can not talk for all Domino's stores, but this is specifically for the franchise stores located in San Diego.
Delivery in any store has always been bullshit. But you also kind of got your answer; it being located in San Diego
I just got delivery from dominos and it was way overcooked when I specifically asked for lightly toasted bread several times. I also asked for extra meat on all sandwiches and did not get it although I paid for it,and unfortunately got no meat at all on one of the sandwiches. I took the food back to the store hoping to get it corrected, but instead got cussed out for complaining. The young girl there informed me she is the manager and would throw the sandwiches in my face,at which I told her to do so and I would mop her tall across the parking lot. I am a 62 year old cancer serviced and did not deserve her bad attitude. The way I see it, if you get mad because of someone else's mistake being managent you should make it right instead of threatening the customer an.,yd being so rude. She is certainty not management material or was trained by a moron with no ethics,moral or proud of the food they serve
@@lauraluther6682 well that’s not really dominoes specifically that’s all fast food restaurants at the moment. It’s sad to say it’s most likely because of my generation I’m 17
I ate there in 🇨🇦, available in 🇧🇩
Domino's in Lecanto, FL records their employees even underage in the bathrooms. Logged in Police records!!!!!!!!!!!!!!
That’s not a great profit for running a franchise like that each year. Their pizza has gotten better over the years but still can’t compare with real Italian pizza joints. Unfortunately for all pizza owners, I’ve perfected making pizza during the lockdown and have no desire to pay for a pizza again when I can now do it myself. And I actually enjoy making it.
I hate takeaway pizzas but have been making many of my own as of late.
Your "real Italian" mom & pop shop can't compete with a chain like Domino's. Your quality of food argument, which is subjective, has almost no bearing on the potential profit of a franchised Domino's.
You make your money back in 3 years and the rest is gravy. How is that not a good investment? Enjoy the 0% interest rate from your bank.
107-117k
So only the wealthy can become more wealthy and the average guy stands no chance, got it👍
How much little ceaser make
Well I know someone who had the dominos franchise and they went bust
£45000.00 plus
Click bait bullsh!t. Domino's has only allowed current store owners to purchase new/existing stores for last 10+ years. They are consolidating franchisees.
I prefer little ceasars
Sir i have a 18 month's experience now domino's PIZZA im from INDIA gujrat sir i need to other country domino's PIZZA job so how to im apply other country domino's PIZZA job
Stay in India
😍😉
Ten year contract I'm good and duck domino's shit don't taste that good.
These videos are so pointless. How much they make can be such a huge range depending on location and many other things. You can literally be in the negative owning one or be making crazy money. It’s a business it makes money depending on how well you run it
A total rip off to sling shitty food. Just saying
Better off starting your own pizza business
Sorry but Domino's pizza ain't all that.
if only dominos didn't make their pizza so damn greasy
Rather have a greasy pizza than a dry and tough one
The 🍕 crusts, spices post 2016 or so tastes wierd to me, way too much. The toppings taste cheap too.
@@NeonKue idk what kind of pizza you getting your shit from to even taste "dry and tough" unless it's been left outside for the sun to bake.
Flum 😂
This makes no sense
1st
Buy a Papa Johns store. Way better...
Who cares
So much wrong information
That’s a lie. I personally know a dominos pizza franchise owner who owns 4 dominos pizza. one of his stores made 4 million last year just 1 store so you really think n owner is makin 100k listen to youtube. My friend clears 1million a year sometimes more. So do the math okay. And all the dominos he franchise. he owns the damn buildings! So if dominos wants to take his franchise they will have to pay him rent! To stay at location or they would have to rebuild! So think about it. He has his own builds n plaza you really think he can afford that with just a 100k a year. Hell I use to work for him when I was younger n I cleared. 50k a year as a pizza delivery driver!!! I drive a lexus cause of this guy u made 7k in 1 month one time with my hourly pay n tips. My gm made 70k flipping pizzas lol so hate it or not you can make good money. But it’s all about location
Franchise is horrible
holy s**t woman get to the point
Fake information in this video
This is the worst pizza hahaha but hey some liked and I’m Italian and I know what a real pizza is my brother own one but is not Dominos hahaha
@mrporquoipas you must of been drunk when you make this comment you make no sense lol 😂
Its American Pizza which is different ;)
I hope they make 0. I mean garbage food deserves nothing.
All I know is that Domino'swhere I live at is very disgusting I wish I could tell you what disgusting the Domino's men that they do in dominoes but they are disgusting they just discusses me just hearing the name Domino's Pizza the men that I know that works in me did something so disgusting I will not ever ever Domino's ever again ever ever what these men did where I live at is disgusting don't eat Domino's
You said disgusting five times in a single sentence so disgustingly hard to read.
Wtf did I just read
Thanks Natasha, for the bang-up summarization...
WTF does this comment mean? Lmao. What did they do that’s disgusting? U on drugs? Omsk
L
Nobody likes dominos
That is why they're the number one fast food pizza in the world because nobody likes them
Then why is dominos the busiest pizza restaurant on a nightly bases?