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Updated RecentlyDomino's Pizza vs Pizza Nova Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Pizza Nova including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $101,450 - $582,500 | $225,000 - $250,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 5.5% | 6% |
| Advertising Fee | - | 4% |
| Year Founded | 1960 | 1963 |
| Year Franchised | 1967 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Previous experience is not necessary, but it is helpful. | |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | - | - |
| 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.
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#16 in Canada's Top franchises
About Pizza Nova
Serving over 3,000,000 pizzas a year is quite a success for us at Pizza Nova! And when you join the Pizza Nova family of franchise store operators, you're part of that success because of the intensive direct support Pizza Nova gives its franchisees. From store location and inventory operations to instruction on how to exactly prepare our menu of delicious Italian cuisine, Pizza Nova will teach you everything to ensure that your franchise business is a success from day one.
#65 in Canada's Top franchises.