International Franchises 2007 (Entrepreneur Version)
Source: Entrepreneur Magazine
6. Domino's Pizza LLC
Pizza, breadsticks, buffalo wings
On business since: 1960 , Franchise available since: 1967
In 1960, brothers Tom and James Monaghan borrowed $500 to purchase DomiNick’s, a pizza store in Ypsilanti, Michigan. The next year, James traded his half of the business to Tom for a Volkswagen Beetle. In 1965, Tom Monaghan renamed the company Domino’s Pizza LLC. The first Domino’s Pizza franchise store opened in Ypsilanti, Michigan, in 1967. Tom Monaghan retired in 1998, selling 93 percent of the company to Bain Capital.
In addition to regular, pan and thin-crust pizza, Domino’s products include bread sticks and buffalo wings. Domino’s operates more than 6,000 stores in the United States, Canada, Europe and Africa.
Total investment: $141.4K-415.1K
Express/kiosk option available
Franchise fee: $15K
Current royalty fee: 5.5%
Term of agreement: 10 years, renewable
7. Jiffy Lube Int'l. Inc
Fast oil change
On business since: 1979 , Franchise available since: 1979
The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the western United States. Today the franchise is a wholly-owned subsidiary of Pennzoil-Quaker State Co. and has locations nationwide.
Total investment: $214K-273K
Franchise fee: $35K
Current royalty fee: to 5%
Term of agreement: 20 years, renewable
Renewal fee: $17.5K
8 Sonic Drive In Restaurants
Drive-in restaurant
On business since: 1954 , Franchise available since: 1959
Sonic Industries Inc. was founded in 1973. In 1974, Sonic acquired the name Sonic Drive-In from Troy Smith, Sr., and began franchising. Smith used his more than 15 years of experience in the restaurant business to develop and operate the Sonic franchise program.
A wholly owned subsidiary of Sonic Corp., the company is based in Oklahoma City, Oklahoma, and has locations throughout the United States. The company’s storefronts recently got a facelift to give them a retro-futuristic look.
Total investment: $861.3K
Franchise fee: $30K
Current royalty fee: 1-5%
Term of agreement: 20 years, renewable
Renewal fee: 10 years for $6K
9. McDonald's
Hamburgers, chicken, salads
Total investment: $506K-1.6M
Express/kiosk option available
Franchise fee: $45K
Current royalty fee: 12.5%+
Term of agreement: 20 years, renewable
Renewal fee: $45K
10. Papa John's Int'l. Inc.
Pizza
On business since: 1985 , Franchise available since: 1986 - Total investment: $250K
Franchise fee: $25K
Current royalty fee: 4%
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