Domino's Pizza vs 241 Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs 241 Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Domino's Pizza Franchise
241 Pizza Franchise
Investment $101,450 - $582,500$190,000 - $235,000
Franchise Fee $25,000$20,000
Royalty Fee 5.5%5% of all Sales or $350/ week
Advertising Fee -3% or $345/mo.
Year Founded 1960-
Year Franchised 1967-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Domino's Pizza Franchise
241 Pizza Franchise
Experience
  • Industry experience
  • Successful experience in food service/retail management; entrepreneurial/equivalent experience
    		•  *Desire to provide the highest quality service and product to customers. *Personal potential for business success. *Adherence and integrity to the business plan. *Managerial skill and aptitude. *Capital investment requirements.

    Financing Options
     
    Domino's Pizza Franchise
    241 Pizza Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Domino's Pizza Franchise
    241 Pizza Franchise
    Training -

    Both classroom instruction and on-the-job training for approximately 50 hours per week. It covers basic principals of management, food preparation, customer service and other details vital to the success of your new business.

    241 Pizza will provide an extensive training program covering all aspects of store operations including food preparation, operating policies, equipment maintenance, selling and merchandising, management and financial control, etc. This program is three weeks in duration and is held at one of our designated training stores.
    Support Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations

    Comprehensive, confidential 241 Pizza Operations Manual covering the important facets of your restaurant's operation. Ongoing advice and guidance from your Business Development Manager (BDM), including: *Recruiting, Hiring, Training and Maintaining Sufficient Staff Levels *Business Planning, Projecting and Budgeting *Maximizing Financial Performance *Cost Controls *Cash Flow Management *Customer and Community Relations *Maintaining High Operational Standards for Focusing on Quality, Service, Cleanliness & Value *Safety and Security *Food Management and Sanitation

    241 Pizza National Office maintains skilled personnel to ensure efficient administration and program coordination. Regardless of the level of industry experience you may or may not have, we will provide with the guidance and training you will need to efficiently manage your business.

    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
     
    Domino's Pizza Franchise
    241 Pizza Franchise
    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 241 Pizza

    96 successful locations in Canada and GROWING! * Managed by talented professionals with a proven track record and a dedication to succeed. * A competitive start-up cost for a "turnkey" operation has high Return on Investment (ROI) potential. * No experience necessary. * Single units and area development franchises available.

    We have developed a comprehensive and efficient three-week training program that can be easily taught to people interested in owning and operating their own business. Our training and ongoing support allow all of our pizzerias to meet our high standards for product and quality and outstanding customer service. We don't accept mediocrity; we expect excellence in every aspect of our business. We are dedicated to building strong new franchise relationships resulting in a "Win Win" situation.

    The 241 Pizza Franchise System includes: 1. Site Selection/Lease Negotiation 2. Business/ Pizzaria Training 3. Food and Equipment Sourcing 4. Pizzaria Opening Assistance 5. Research and Development 6. Marketing Positioning/Brand Awareness 7. Advertising and Promotion 8. Ongoing Business Development 9. Pricing and Quality Controls For More Franchise Information Contact: Richard Straker, Manager of Franchise Development 1-877-241-0-241 x245

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