A new report from Domino’ Pizza franchise cost estimates that the company’s franchise costs are significantly below average, and the company is also offering free pizza to customers with a credit card.
Domino’ franchise costs were estimated at $847.8 million in 2017, a significant increase of over $3 million over the previous year.
The franchise costs represent an average of $1,734 per month per franchisee, according to the report, which was prepared by the National Restaurant Association.
This represents an increase of nearly $6,000 per month over the last five years.
Dominos franchisees are required to spend approximately $6.6 million on their operations annually.
However, the report indicates that franchisees spend an average $2,600 per month on pizza delivery, $1.2 million on other costs, and $1 million on rent and equipment.
The report notes that franchise expenses have grown significantly in recent years.
Domino franchises accounted for nearly 80 percent of the franchise cost in 2016, and franchisees spent nearly $12 million on payroll in 2016.
In 2017, Domino Pizza franchises accounted to the company for a whopping $13.5 million, an increase from $12.2 billion in 2016 and $13 million in 2016 alone.
However, franchise costs continue to increase, as franchisees’ budgets have increased by over $1 billion in the last three years.
According to the data, franchisees have been spending $2.7 billion on their business in 2017.
The franchise cost data was compiled using the latest data from the Department of Commerce.
The report estimates that a Domino`s franchise costs an average annual profit of $7.18 million.
The annual profit is the franchise`s profit before interest, taxes, depreciation and amortization.
The average franchise cost of a Dominos Pizza franchise in 2017 was $8.1 million.
A franchise costs the same as an average American family of four of $14,000, according the report.
The new franchise cost numbers are the first for the company, as the company has not provided franchise costs since 2017.
This was expected, as Domino recently announced a $2 billion plan to increase its workforce.