Generally Master Agreements with the US are for 10x years with reciprocal options to extend... whilst yes there might be a minor risk i would suggest unless they became insolvent there's little risk.. They (DMP) have always had a great relationship with the US and whilst DMP might be under pressure... its still a very profitable business... the ASX just got so used to large double digit growth (for DMP) they got punished for not replication every year since...
Excerpt from USA Domino's document: ( https://ir.dominos.com/static-files/5a31b17e-0308-4fc4-ac72-d57e42702c89)
"Our master franchise agreements generally grant the franchisee exclusive rights to develop and sub-franchise stores and the right to operate supply chain centers in particular geographic areas. Agreements are generally for a term of ten years, with options to renew for additional terms. The agreements typically contain growth clauses requiring franchisees to open a minimum number of stores within a specified period. The master franchisee is generally required to pay an initial, one-time franchise fee as well as an additional franchise fee upon the opening of each new store. The master franchisee is also required to pay a continuing royalty fee as a percentage of sales, which varies among international markets, and averaged approximately 3.0% in 2019."
- Forums
- ASX - By Stock
- Ann: Trading Update
Generally Master Agreements with the US are for 10x years with...
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DMP (ASX) to my watchlist
|
|||||
Last
$36.38 |
Change
1.510(4.33%) |
Mkt cap ! $3.308B |
Open | High | Low | Value | Volume |
$35.00 | $36.40 | $34.82 | $17.75M | 493.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3028 | $36.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.41 | 448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 730 | 36.200 |
1 | 7 | 36.180 |
1 | 1055 | 36.160 |
1 | 3165 | 36.120 |
3 | 1790 | 36.100 |
Price($) | Vol. | No. |
---|---|---|
36.420 | 1500 | 2 |
36.450 | 2972 | 5 |
36.460 | 98 | 1 |
36.480 | 3464 | 3 |
36.500 | 1048 | 5 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
DMP (ASX) Chart |