The Franchise King®

Several U.S. Pizza Franchises Are Getting Russian Money

pizza Russia

Did you know that franchises like Papa John’s, Domino’s, Dodo Pizza, And Sbarro are getting Russian money?

That’s right. Money. Directly from Russia. And, believe it or not, they’re not trying to hide it.

Read on.

 

Pizza Franchises In Russia

Based on the limited research I’ve done, Domino’s Pizza shouldn’t need an infusion of money from Russia.

For one thing, their stock has had an incredible run.

Moreover, there are over 6,000+ Domino’s locations in the U.S. alone. They don’t seem to be hurting as a company.

So, why are they welcoming Russian money?

Actually, a better question is this one:

How are they hoping to get Russian money?
 

Domino’s And Moscow

domino's pizza russia

Domino’s franchises in Russia aren’t new.

But Domino’s (along with Dodo’s Pizza and Papa John’s) have decided that they want a bigger slice of the (pizza) pie. In Russia.

In essence, according to an article from Reuters that was brought to my attention, the three pizza franchisors I mentioned “are preparing an assault on Russia’s provinces.” That’s because online credit card payments are getting more popular in Russia-as is pizza franchise branding.

From the Reuter’s article:



Get My Free Report:
The 3 Most Profitable Franchise Types To Own Right Now
Invalid email address
You'll also receive my FREE VIP Franchise Newsletter

Domino’s Pizza’s Russian franchisee, DP Eurasia, believes the time is now right to expand beyond Moscow, where sales at the 76 outlets it had at the end of March are far outstripping growth in its main market Turkey.”

In addition, DP Eurasia stated that there’s no quality pizza available in the smaller Rostov-on-Don and Nizhny Novgorod regions, and that they’re ripe for growth.

Read the rest of the article

FYI: According to Euromonitor International, Domino’s is Russia’s third-largest pizza chain-and its market share is only 2 percent.

 

Russia And Franchising

As of this writing, Russia is dominating our news cycle.

I’m not sure if Vladimir Putin’s (current King of Russia) plan was to make Russia a “brand,” or not, but he has.

And because of it, more U.S. franchisors may start targeting Moscow, along with Russia’s smaller cities with their products.

What do you think?

With several U.S. Franchises trying to get their hands on Russian money, do you feel that Russia could be the next hot geographical area for franchising?

 

Please Share This Article!
1Shares

franchise article written by joel libava

Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
headshot the franchise king joel libava

I'm The Franchise King®, Joel Libava. For 24+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too! Note:
I'm NOT a franchise broker/consultant/coach.
See how I'm different.

Recommended Reading
Introduction To Franchising
How Much Is A Franchise?
List of SBA Preferred Lenders
What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Featured Franchises!
Top 33 Business Ideas
Starbucks Coffee Franchises
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews

Free Franchise Tools
Franchise Compatibility Quiz
Net Worth Calculator

"We engaged Joel's services at a very reasonable cost. He has impressive knowledge of this industry, he is honest, and very pleasant to speak to. There is no question that Joel added the clarity and in depth understanding of the franchise business that we needed. I can call Joel a friend. PS. Read his franchise research ebook!"
- Yolanda Wheaton, Georgetown, Texas
Fixed Image Link Best franchise blog

Click The Cover!

franchise research guide
top franchise blog posts 2020
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.