Domino's growth in the bag despite pressure on franchisees

Domino's Pizza Enterprises stands to more than double its share of the $23 billion takeaway food market in nine years, but short-term expansion plans could come under pressure as higher wages dent franchisee margins.

UBS's retail team expects Domino's to increase its share of takeaway food sales in Australia and New Zealand from 4 per cent in 2016 to 10 per cent by 2025 by lifting stores from 714 to at least 1200, growing same-store sales by 8 per cent a year and taking sales from rivals such as McDonalds and KFC.