8/9/2023 0 Comments Pwr dominos pizza![]() ![]() ![]() “When we have that payback, we’re going to grow. system has a cash-on-cash payback of less than three years for franchisees. If money is there to be made, someone will come.”Īnother major advantage Domino’s has – both in fortressed and traditional markets – is strong unit economics. “If we don’t grow our stores or split our territory for better service, someone else is going to. You’re closer to your customer,” Weiner said during the presentation. ![]() “Why fortress? Because proximity matters. Because of this success, Domino’s plans to increase its store count in Las Vegas by 25% in the next three years through realignment. In Las Vegas, for example, an operator who went from three to four stores in the same area experienced a $42,000 increase in average annual sales per store, much of that coming from incremental carryout business. Fortressing could also prevent competition from gaining traction in the market.ĭuring investor day, COO Russell Weiner painted a picture of what this has looked like so far. It also helps that a majority of the company’s business comes through delivery/carryout channels, so more stores should – in theory at least – lead to higher volumes, higher sales and, ultimately, higher profitability.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |