May 25, 2013

Industry News | January 21, 2011

Domino's Opens First Bulgarian Store

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Domino's, Pizza, Franchising, Growth

Domino's Pizza opened its first store in Bulgaria, with the promise of hot pizza for the residents of Sofia.

The master franchisee for Bulgaria is Anatron Food Services, who also serves as the master franchisee for Domino's Pizza in Greece and Cyprus.

However, the stores in Bulgaria will be operated by LN Solutions, owned by Lazgin Majid and Nikola Nikolov. The two partners have experience with other fast food franchises, as well as a non-food franchise, and also are involved in other businesses in the country. Their broad business experience in Bulgaria makes them well positioned to develop Domino's into a leading brand in the country.

"Domino's Pizza is known around the world for delivering quality products to its customers," Majid says. "The people of Bulgaria will now get to experience the high level of service and quality pizza that customers worldwide enjoy."

Domino's Pizza has also reopened in the Philippines, with a store in City of Makati in the Greater Manila area. The new master franchisee in the Philippines is a partnership formed by the Domino's Pizza master franchisee for South Korea, Goldilocks Bakery, and a minority operating partner. This partnership leverages the experience of a successful Domino's master franchisee, a highly successful family-owned Philippine bakery chain with more than 300 stores, and a partner who is a seasoned operator in the pizza business.

Domino's Pizza now operates in 69 markets worldwide, with nearly half of its global retail sales coming from international stores, generating roughly a third of its operating income.