Tumut will have another fast-food chain in town in the coming months after Domino’s announced plans to open a pizza store here.
A date has not been set for the store opening, nor a location finalised, with Domino’s Australia and New Zealand CEO Nick Night indicating the store would open “in the next few months”.
The store would create up to 30 new full-time and part-time jobs, according to the CEO. Mr Night said the company was excited about opening the new store and that they are on the hunt for a franchisee to own and operate the store.
“We are looking for a local entrepreneur to become the new store franchisee,” Mr Night said.
Domino’s is estimated to have a 50 per cent share of the Australian pizza market and has announced plans to double its store count in Australia and New Zealand over the next decades.
It currently has 1200 stores in the two countries.
The pizza giant delivered a record full-year profit of $92 million in the 2016 financial year, an increase of 43.6 per cent.
Mr Night said Domino’s stores were implementing technology innovation and had just gone through its biggest menu change since 2009 called ‘Taste the Colour’.
“The Tumut Domino’s store will be equipped with our latest technology innovations such as GPS driver tracker and on time cooking as well as our new store look with digital menu boards, in store wi-fi and a new store design for a superior customer experience.
“It really is an exciting time with lots of amazing developments to our menu creating fresh, tasty pizzas full of flavour that appeal to everyone! Domino’s Pizza Enterprises was Australia’s first publicly-listed pizza company and is the master franchisor for the Domino’s Pizza brand in Australia, New Zealand, France, Belgium, The Netherlands, Japan and Germany.”
Across these seven markets, DPE and its franchisees operate over 2000 stores.
Domino’s expansion comes after Eagle Boys, the nation’s fourth largest pizza chain by sales, entered voluntary administration in July. Eagle Boys’ 120 franchisees, including the Tumut store, have continued to operate their stores as normal while a buyer is sought for its head office.
Domino’s has indicated it remains interested in acquiring Eagle Boys.
Domino’s will join fellow international fast food giants KFC, McDonald’s, and Subway with a presence in Tumut.