News

Domino's Pizza Australia eyes 500 units post IPO

March 16, 2005

The Courier-Mail: Domino's Pizza Australia hopes a public offering later this year will ignite a growth spurt that will push its store count to 500 units in Oz and New Zealand by 2008.

The Brisbane-based franchise firm has hired Goldman Sachs JBWere to gauge the market's take on the offering. Estimates of the potential value of the chain range from AUS $140 million to AUS $150 million (U.S. $110 million to $118 million).

With 333 units, DPA's gross sales are estimated at $250 million a year.

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