Domino's Pizza buying 82 franchised stores in Phoenix market
By
Posted 11:37AM on Tuesday, February 12, 2002
ANN ARBOR, Mich. - Domino's Pizza LLC announced Tuesday that it will acquire 82 franchised stores in the Phoenix market. <br>
<br>
The purchase from franchisee Sierra-Sonora Enterprises Inc. will bring the number of stores owned and operated by Domino's to 602 when the transaction closes on or about Feb. 25. <br>
<br>
Sierra-Sonora is owned by Rick Flory, who opened his first Domino's outlet in 1980. Domino's is now the second-largest pizza chain operating in the metropolitan Phoenix area, the company said in a statement. <br>
<br>
Founded in 1960, Ann Arbor-based Domino's operates 7,112 company-owned and -franchised stores in more than 60 markets around the world, the statement said. <br>
<br>