What evidence exists that the fast food, restaurant franchise sector has room for more franchisees?
According to Euromonitor, the Australian fast food market will grow from $9.03 billion in 2004 to an estimated $10.28 billion by 2008. The Australian pizza market has experienced considerable growth in recent years and this is expected to continue due to increasing demand for fast, quality and affordable meals. Domino’s Pizza’s sales levels continue to experience significant growth, confirming there is plenty of room for growth in the industry as a whole. Domino’s Pizza has been the market leader for a long period of time, and our business model constantly evolves to meet ever-changing consumer requirements. What are the start-up costs and ongoing fees associated with being one of your franchisees? The Domino’s Pizza new franchise start up cost can vary due to a number of factors. These include the size of the store, the presence of existing amenities (including air conditioning and three phase power) and the amount of landlord works able to be negotiated. On average, new store costs s
