Domino's Pizza vs Patsy's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Patsy's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$101,450 - $582,500 | $467,500 - $651,000 |
Franchise Fee |
$25,000 | $75,000 |
Royalty Fee |
5.5% | - |
Advertising Fee |
- | - |
Year Founded |
1960 | 1933 |
Year Franchised |
1967 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience Successful experience in food service/retail management; entrepreneurial/equivalent experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media | - |
Operations |
Number of employees needed to run franchised unit: 15
- 20
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Domino's Pizza
In 1960, brothers Tom and James Monaghan borrowed $500 to purchase DomiNick's, a pizza store in Ypsilanti, Michigan. The next year, James traded his half of the business to Tom for a Volkswagen Beetle. In 1965, Tom Monaghan renamed the company Domino's Pizza LLC. The first Domino's Pizza franchise store opened in Ypsilanti, Michigan, in 1967. Tom Monaghan retired in 1998, selling 93 percent of the company to Bain Capital. In addition to regular, pan and thin-crust pizza, Domino's products include bread sticks and buffalo wings. Domino's Pizza operates more than 6,000 stores in the United States, Canada, Europe and Africa.
The total investment ranges from $144,450 to $582,500 for a Domino's Pizza Traditional Store and $101,450 to $573,500 for a Domino's Pizza
Non-Traditional Store. The franchisor estimates the payments made to
them and their affiliates together with Initial Fee payments will range
from $84,750 to $167,500 for a Domino's Pizza Traditional Store and
$65,750 to $158,500 for a Domino's Pizza Non-Traditional Store.
#16 in Canada's Top franchises
About Patsy's
Patsy's Pizzeria is the undisputed premier pizza dynasty in New York
and arguably in all of The United States.
Started by the legendary
Pasquale, Lancieri, Patsy's Pizzeria traces its origin by over a century
to Manhattan's Lower East Side. Opening his first modest shop in Harlem
in 1933, the Patsy's Pizzeria name has become synonymous with
authentic, Sicilian coal oven-pizza. Lancieri and his Patsy's Pizzeria
creation were so forward thinking, he is widely credited by inventing
selling pizza by the slice and popularizing traditional New York style
thin crust pizza.
Loved by celebrities and people from all walks of life, Patsy's Pizzeria
keeps the tradition alive as the beloved pizza family recently welcomed
the 4th generation of pizza makers. Inspiring scores of imitators after
over 80 years of pizza magic-making, Patsy's Pizzeria continues to
deliver old-world pizza to thousands every day. Patsy's Pizzeria means New York Pizza.