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Domino's Pizza Inc., or simply Domino's, is one of the most extensive franchises and restaurant operators in the world, with more than 17,800 stores spread across 90 countries. Domino's is popular for offering high-quality pizza and other meals. Its main areas of generating revenue are pizza, sandwiches, wings, and salads available in the franchise-operated and company-owned stores. With revenue of around $16 billion, Domino's is a leading player in the world of Italian food, way ahead of the other big brands.

History of Domino’s Pizza

You can trace of roots of Domino's back to 1960 when a pizza store identified as Dominick’s was acquired by two brothers, Tom and James Monaghan. Half of the business was traded by James to Tom in 1961, and by 1965, the enterprise was named Domino's Pizza, and Tom Monaghan became its sole owner. The idea of growth was quite simple for Tom, who believed that people order pizzas when being hungry. 

In order to make the customers happy, the company not only delivered pizzas, but they guaranteed the delivery in 30 minutes or less. This led Domino’s to fame, and by 1967, their first franchise store opened in Michigan. Within just 11 more years, Domino’s had 200 stores in the United States, while the first international store was opened in 1983 in Winnipeg, Canada. That was also the same year marking the 1000th Domino’s store.

By 1985, the company had 3,000 units operating all over the United States and Canada, and Domino's Pizza began to roll out many other items in its menu, which included buffalo wings, garlic crunch crust, crunchy thin pizza, and much more. The international division of the company had opened its 1,000th store by 1995.

Business Directions

The main business strategy of Domino is to offer a varied fast food menu, either by carrying out or delivering. Although the company has corporately owned stores globally, Domino's has a wide franchise network with independent owners. It is worth noting that almost 90 percent of the 1,200 franchisees of Domino started as drivers with the company.

The franchising system of the company offers ownership to the internal candidates who can qualify. The candidate must have supervised or managed a Domino's Pizza store for a minimum of one year and must have completed the training courses as well. The external investors who get approved by Domino's Pizza can own 49 percent in a franchise.

Bottom Line

Domino's pizza is undoubtedly one of the largest pizza chains with delivery stores in the United States and several other areas of the globe. The company sells multiple pizza products and specialty items and is considered a leader in delivering off-premise pizza convenience to its consumers all over the globe. More than half of its sales come outside the US, and the company has experienced consecutive quarters of positive sales growth for many years.

FAQs

Is Domino’s Pizza Inc. a private company?

Domino's pizza is a privately owned business having more than 350,000 employees around the world. The company has a network of nearly 17,800 stores in 90 countries.

How can Domino’s cook their pizzas so fast?

Smart ovens are the actual science behind fast cooking because it adds heat to the pizza at the right time, therefore, speeding up the process of baking. 

Who started the 30 minutes or less delivery guarantee?

The 30-minute guarantee was created by Domino's in 1984, and this helped Domino's to grow as the largest of the pizza delivery companies in the world.

Typical Hours of Operation

Mo 10:00 - 24:00
Tu 10:00 - 24:00
We 10:00 - 24:00
Th 10:00 - 24:00
Fr 10:00 - 1:00
Sa 10:00 - 1:00
Su 10:00 - 24:00

Locations: 5606 locations in 51 states and 2991 cities.

Categories

  • Take Out
  • Fast Food
  • Pizza

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