Franchise opportunities compared

    Domino's Pizza vs Smashburger

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Domino's Pizza

    $107,450 – $231,450

    2026 FDD · Item 7

    Smashburger

    $1,239,500

    2026 FDD · Item 7 · PDF p. 19

    Initial franchise fee · Item 5

    Domino's Pizza

    Not available

    Smashburger

    Not available

    Royalty · Item 6

    Domino's Pizza

    5.5%

    2026 FDD · Item 6 · PDF p. 22

    Smashburger

    5.5%

    2026 FDD · Item 6 · PDF p. 14

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Domino's Pizza discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Domino's Pizza has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Domino's Pizza

    $107,450 – $231,450
    2026 FDD · Item 7

    Smashburger

    $1,239,500
    Restaurant total range low excludes extensive exterior renovation debtservice
    2026 FDD · Item 7 · PDF p. 19
    Standard initial franchise fee (Item 5)

    Domino's Pizza

    Not available
    No single standard fee identified

    Smashburger

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Domino's Pizza

    5.5%
    Royalty Fee — 5.5%
    2026 FDD · Item 6 · PDF p. 22

    Smashburger

    5.5%
    Royalty weekly gross sales
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)

    Domino's Pizza

    4%
    Advertising Fund — 4% — 4%
    2026 FDD · Item 6 · PDF p. 22

    Smashburger

    2.25%
    Marketing fund weekly current — 2.25%
    2026 FDD · Item 6 · PDF p. 14

    System scale & health

    Total outlets (Item 20)

    Domino's Pizza

    7,210
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 68

    Smashburger

    172
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 49
    Net outlet change (Item 20)

    Domino's Pizza

    +6,901
    Calculated: 309 at end of 2023 → 7,210 at end of 2025

    Smashburger

    −39
    Calculated: 211 at end of 2023 → 172 at end of 2025
    Outlet exits (Item 20)

    Domino's Pizza

    Not available
    No complete exit records for a year

    Smashburger

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Domino's Pizza

    1983
    From a verified franchisor listing

    Smashburger

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Domino's Pizza

    Not available
    Not in reviewed records

    Smashburger

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Domino's Pizza
    Locations counted not stated in the reviewed record — Franchised traditional stores operating full12months
    $25,264
    other Franchised 2020
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — Franchised traditional stores operating full12months
    $26,004
    other Franchised 2021
    2026 FDD · Item 19 · PDF p. 65
    Locations counted not stated in the reviewed record — Franchised traditional stores operating full12months
    $25,554
    other Franchised 2022
    2026 FDD · Item 19 · PDF p. 65
    +24 more groups in the full report
    Smashburger

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Domino's Pizza vs Smashburger: common questions

    Which costs less to open, Domino's Pizza or Smashburger?
    Domino's Pizza: $107,450 – $231,450 (2026 FDD · Item 7); Smashburger: $1,239,500 (2026 FDD · Item 7 · PDF p. 19). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Domino's Pizza. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Domino's Pizza and Smashburger royalties compare?
    Domino's Pizza: 5.5% (2026 FDD · Item 6 · PDF p. 22); Smashburger: 5.5% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Domino's Pizza or Smashburger?
    Domino's Pizza: 7,210 (2026 FDD · Item 20 · PDF p. 68); Smashburger: 172 (2026 FDD · Item 20 · PDF p. 49). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Domino's Pizza and Smashburger disclose financial performance (Item 19)?
    Domino's Pizza has reviewed Item 19 figures for 27 location groups; Smashburger makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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