Domino's Pizza Franchise Cost, Revenue & Review 2026
- Investment
- $231K – $744K
- Disclosed sales
- partial, no system average
- SBA charge-off
- 9.9%
- on 1,123 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Domino's is a quick-service pizza chain built around delivery and carryout, powered by its own digital ordering platform. Franchisees run stores handling order fulfillment, delivery, staffing, and food costs.
FranchiseVerdict summary · 2026
A Domino's Pizza franchise requires a total initial investment of $231K – $744K, including a $0 – $10K franchise fee and an ongoing 5.5% royalty[2]. The 2026 FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 9.9% charge-off rate across 1,123 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $231K – $744K
- 32nd pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 5.5%
- 44th pct Service Resta…
- Units
- 7,236
- 96th pct Service Resta…
- SBA charge-off
- 9.9%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Quick-Service Restaurants median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $231K – $744K including a $10K franchise fee, 5.5% ongoing royalty.
- RETURNSItem 19 reports AWUS and EBITDA % of Royalty Sales by AWUS band rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict A (Strongest tier), verdict score 80/100 (higher is better). SBA loan charge-off rate of 9.9% across 1123 loans (near or below the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHPositive: net +198 franchised outlets in the latest year (215 opened, 4 closed); 29 signed but not yet open (Item 20).
- DATAItem 19 reports AWUS and EBITDA % of Royalty Sales by AWUS band rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Domino's Pizza Franchising LLC
- Parent company
- Domino's Pizza Master Issuer LLC
- FDD Item 1, page 10 of the 2026 FDD
- Ultimate parent
- Domino's Pizza, Inc.
- FDD Item 1, page 10 of the 2026 FDD
- Predecessor
- Domino's Pizza LLC
- Prior franchisor entity
- CEO title
- Manager and Chief Executive Officer
- Russell Weiner
- Incorporated in
- Delaware
- HQ
- 24 Frank Lloyd Wright Drive, Ann Arbor, Michigan 48105-9484
- Auditor
- PricewaterhouseCoopers LLP
- Audited financials
- Franchisor revenue
- $512.1M
- vs $487.1M prior year
Overview
About
- CEO
- Russell Weiner
- Headquarters
- MI
- Founded
- 1960
- FDD year
- 2026
- States available
- 53
Can you afford it, and what does the money buy?
Entry cost is about typical for a quick-service restaurants franchise (near the category median).
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $10K | $10K |
| Working capital (3–6 mo) | $10K | $73K |
| Equipment, build-out, other | $211K | $661K |
| Total initial investment | $231K | $744K |
Source: Domino's Pizza 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $231K – $744K
- Top 40% of category vs category
- Liquid capital req'd
- $10K – $73K
- Top 40% of category vs category
- Franchise fee
- $10K
- Top 40% of category vs category
- Royalty
- 5.5%
- typical 6–8%
- Ad fund
- 4.0%
- typical 3–5%
- Total fee load
- 9.9%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.5% of gross sales |
| Marketing / ad fund | 4.0% |
| Technology fee | $0 |
| Training fee | $1K |
| Transfer fee | $2K |
| Inventory (initial) | $5K – $7K |
| Total fee load | 9.9% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Domino's Pizza is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Domino's Pizza unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2026 FDD
Financial Performance
- Item 19 type
- AWUS and EBITDA % of Royalty Sales by AWUS band
- Sample size
- 6,518
- vs category median 19 · large
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2024
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 781 Quick-Service Restaurants brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 9.9% — above the Quick-Service Restaurants median of 7.5%.
Disclosure
Item 19 reports AWUS and EBITDA % of Royalty Sales by AWUS band rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System expanding at 8.0% CAGR over 3 years across 7,236 units — operators are staying and new ones are joining.
Multi-unit rate
Only 6% of franchisees own multiple units. Could indicate challenging economics or a young system where operators haven't had time to expand.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Quick-Service Restaurants medians
How Domino's Pizza Compares
Category median of published Quick-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 7,236
- Opened
- 215
- Last reporting year
- Closed
- 4
- Terminated
- 9
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 2
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.2%
- Company-owned
- 262
- Corporate units in the system
- % franchised
- 96%
- vs corporate-owned
- Multi-unit owners
- 5.9%
- Net growth (3-yr)
- +8.0%
- Net unit change over 3 years
- 3-yr CAGR
- +8.0%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 9
- Not renewed
- 2
- Reacquired
- 2
- Franchisor bought back
- Signed, not yet open
- 29
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 188
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 51 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
6,915 current owners across 51 states; 140 former (terminated, transferred or not renewed) listed separately.
- TX 701
- CA 601
- FL 436
- NC 313
- OH 279
- PA 277
- GA 250
- NY 238
- IL 234
- TN 195
- NJ 177
- VA 177
- +39 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 1,123
- Loan volume
- $409.5M
- Median loan
- $147K
- 50th percentile
- Charge-off rate
- 9.9%
- on 1,123 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 89.3%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 200
- Defaults
- 82
- Typical loan rate
- 6.0%
- avg rate to borrowers
- Franchised industry avg
- 21.5%
- brand beats franchise avg ↓
- Jobs supported
- 15,594
- 8.8 per loan
- Lender concentration
- 8%
- top lender's share
Borrower mix: 67% went to startups / new businesses, 33% to established operators
Franchise vs independent — in limited-service restaurants, franchised businesses charge off at 21.5% vs 25.0% for independents — franchising is associated with 14% lower SBA default risk in this category.
Vintage analysis
Domino's Pizza charge-off rate by loan vintage
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Top lenders financing Domino's Pizza franchisees
Showing 3 of 200 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Domino's Pizza from SBA 7(a) FOIA data.
- Principal loss rate
- 7.3%
- Avg SBA guarantee
- 74%
- Avg interest rate
- 6.01%
- Avg chargeoff amount
- $166K
- Lender concentration
- 7.8%
- Job velocity
- 8.8 per $100K
- NAICS benchmark
- 15.7%
- NAICS 722211
- Jobs supported
- 15,594
Top SBA lendersTop lender holds 8% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 58 | $14.1M | 12.3% |
| 2 | Readycap Lending, LLC | 53 | $18.6M | 35.8% |
| 3 | Bank of America, National Association | 43 | $3.9M | 14.0% |
| 4 | Popular Bank | 38 | $6.8M | 23.7% |
| 5 | Banc of California | 29 | $18.4M | 0.0% |
| 6 | PNC Bank, National Association | 24 | $2.1M | 4.2% |
| 7 | Truist Bank | 18 | $2.5M | 5.6% |
| 8 | JPMorgan Chase Bank, National Association | 18 | $2.5M | 0.0% |
| 9 | Stearns Bank National Association | 18 | $8.5M | 0.0% |
| 10 | TD Bank, National Association | 15 | $2.5M | 6.7% |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| FLFlorida | 64 | 4 | 6.3% |
| CACalifornia | 49 | 12 | 25.0% |
| OHOhio | 43 | 5 | 12.2% |
| TXTexas | 40 | 3 | 7.5% |
| NJNew Jersey | 35 | 5 | 14.3% |
| ILIllinois | 34 | 5 | 14.7% |
| PAPennsylvania | 33 | 5 | 15.2% |
| MAMassachusetts | 27 | 2 | 8.0% |
| NYNew York | 24 | 4 | 16.7% |
| GAGeorgia | 23 | 4 | 17.4% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
SBA loans charge off at 9.9% — 38% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Established brand with protected territory but facing stagnant growth, thin margins, and mounting litigation that could impact franchisee economics and operational burden.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
Pending: (1) State of Rhode Island Office of General Treasurer securities class action (Case No. 2:24-CV-12477) alleging false/misleading statements about global net store growth guidance; (2-6) Five derivative lawsuits (Ayers, Joshi, Kassner, Chu, Walker Derivative Lawsuits) alleging breaches of fiduciary duty and insider trading by directors/officers, stayed pending outcome of securities action; (7) several undisclosed labor and employment joint employer lawsuits. No concluded actions required disclosure.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · PricewaterhouseCoopers LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
DPL total revenues 2025 $4.94B includes U.S. company-owned stores, franchise royalties/fees, supply chain, international franchise, and U.S. franchise advertising. DPF (franchisor entity) revenue is $512M franchise royalties and fees only.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 80 / 100 verdict
- 01MINORSlow unit growth of only 2.9% YoY suggests market saturation or franchisee underperformance
- 02HIGHSignificant litigation including securities class action, derivative lawsuits, and joint employer claims creates legal/operational uncertainty
- 03MINORNet income margin of only 1.08% (14.7K on 1.37M revenue) indicates razor-thin profitability after royalties
- 04MINORHigh capital requirement ($107K-$743K) paired with low average net income creates extended ROI timeline
- 05HIGHJoint employer litigation could increase labor compliance costs and corporate liability exposure for franchisees
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 9.9% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 17 |
| Curable defaultsℹ | 3 |
| Mandatory arbitration | No |
| Jury trial waiver | No |
| Governing law | Store state |
| Litigation count | 7 |
View Item 3 litigation summary
Pending: (1) State of Rhode Island Office of General Treasurer securities class action (Case No. 2:24-CV-12477) alleging false/misleading statements about global net store growth guidance; (2-6) Five derivative lawsuits (Ayers, Joshi, Kassner, Chu, Walker Derivative Lawsuits) alleging breaches of fiduciary duty and insider trading by directors/officers, stayed pending outcome of securities action; (7) several undisclosed labor and employment joint employer lawsuits. No concluded actions required disclosure.
Items 10, 11
Training & Operations
- Classroom training
- 160 hrs
- On-the-job training
- 3 hrs
- Training location
- Ann Arbor, Michigan or online (classroom); candidate's market (OJT and some modules)
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- Site selection
- Franchisee (primary responsibility); franchisor must approve location
- Franchisor financing
- Not offered
- Item 10
- POS system
- Domino's PULSE
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Domino's PULSE
Item 20 · call current owners
Franchisee Contacts
7,055 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Domino's Pizza franchise?
The total investment to open a Domino's Pizza franchise ranges from $231K – $744K, with an initial franchise fee of $10K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Domino's Pizza franchise owners earn?
Item 19 of the Domino's Pizza FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Domino's Pizza?
Domino's Pizza is franchised by Domino's Pizza Franchising LLC. Its parent company is Domino's Pizza Master Issuer LLC. The ultimate parent named in the FDD is Domino's Pizza, Inc.. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Domino's Pizza FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Domino's Pizza FDD and qualifies whose outlets they describe.
What is Domino's Pizza's franchise failure rate?
Based on SBA 7(a) loan data, Domino's Pizza has a charge-off rate of 9.9% across 1,123 loans, meaning 9.9% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Domino's Pizza franchise locations are there?
As of their most recent FDD filing, Domino's Pizza has 7,236 total units in the United States, including 6,974 franchised units and 262 company-owned units. 215 new units were opened in the latest reporting year.
Is Domino's Pizza a good franchise to buy?
FranchiseVerdict rates Domino's Pizza as a A-grade franchise with a verdict score of 80 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Domino's Pizza, you can request corrections or provide updated information.
Other Quick-Service Restaurants franchises
Compare similar franchise opportunities in the Quick-Service Restaurants category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.