Domino's Pizza vs Piara Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Piara 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 | $267,000 - $678,000 |
Franchise Fee |
$25,000 | $50,000 |
Royalty Fee |
5.5% | 6% |
Advertising Fee |
- | 2% |
Year Founded |
1960 | 2018 |
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 Piara Pizza
Piara Pizza strives to offer the best pizza by making our pizza fresh every
day. Piara pizza is made with a light crust, fresh ingredients and
delicious sauce.
Piara pizza is proud to say, this pizza is delicious! It’s not
only delicious, it’s affordable, too.
The total investment necessary to begin operation of a Piara Pizza
franchise is $267,000 to $553,000. This includes $50,000 that must be
paid to the franchisor or affiliate.
The total investment necessary to
begin operation under a three- to five-unit Multi-Unit Development
Agreement (including the first unit) is $328,000 to $678,000. This
includes $110,000 to $170,000 that must be paid to the franchisor. There
is no minimum number of Piara Pizza units that you are required to
develop under the Multi-Unit Development Agreement.