Domino's Pizza vs Benny's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Benny'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 | $169,800 - $543,500 |
Franchise Fee |
$25,000 | $30,000 |
Royalty Fee |
5.5% | 5% |
Advertising Fee |
- | 2% |
Year Founded |
1960 | 2011 |
Year Franchised |
1967 | 2019 |
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 Benny's
Benny’s is quickly expanding and looking for people with the drive to achieve their own success story.
Franchising a Benny’s is an amazing opportunity to become tight
within your community, be part of an exciting and respected business,
and secure an impressive ROI.
The total investment necessary to begin operation of a franchised
Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that
you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you
agree to open and operate a specified number of Benny’s restaurants over
an agreed period of time within a defined geographic area. If you sign a
multi-unit agreement (covering three or more units), your total initial
investment will be $179,800 to $543,500 plus $5,000 for each additional
agreed unit after the third unit. This includes $40,000 plus $5,000 for
each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.