| ||||
Updated RecentlyDomino's Pizza vs Straw Hat Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Straw Hat Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $101,450 - $582,500 | $145,000 - $913,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 5.5% | 2% |
| Advertising Fee | - | - |
| Year Founded | 1960 | 1959 |
| Year Franchised | 1967 | 1969 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
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 | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
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.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
#16 in Canada's Top franchises
About Straw Hat Pizza
Straw Hat Pizza restaurants have been winning rave reviews from customers for 50 years for our fresh,California-produced ingredients.Wholesome and satisfying, but also fast and flexible, the hallmark of a Straw Hat pizzeria is its upbeat and fun atmosphere, and our strategic locations - situated in the heart of a community,making our restaurants the local gathering hub for families, sports teams and business meetings.
Straw Hat has always appealed to families and individuals who want great value, served up in a fun, clean environment. And, for those who insist on "the best," Straw Hat uses only fresh, made-from-scratch, locally-grown ingredients in our pizzas.