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Jun 27, 2015 · 1. His Brother Sold His 50% Share in Domino's for a Used 1959 VW Beetle. About eight months after taking over an ailing pizza restaurant, Jim Monaghan wanted out. He owned 50% of the business...
Story by Noah Smith • 5d. I n 1960, two brothers, Tom and James Monaghan, embarked on a culinary venture that would redefine the fast-food industry and introduce a new player to the world of...
In 1960, Tom Monaghan and his brother, James, took over the operation of DomiNick's, an existing location of a small pizza restaurant chain that had been owned by Dominick DeVarti, at 507 Cross Street (now 301 West Cross Street) in Ypsilanti, Michigan, near Eastern Michigan University.
Mar 28, 2021 · It all started back in 1960 when two brothers in Michigan purchased a pizza restaurant called DomiNick’s. Less than a year later, James Monaghan sold his share to his brother Tom.
Nov 12, 2012 · After eight months of running the business as a partnership, James Monaghan decided to trade his stake to his brother for a used Volkswagen Beetle. Fast-forward 38 years, and Tom Monaghan...
Domino's traces its roots to 1960, when Tom Monaghan and his brother, James, purchased "DomiNick's," a pizza store in Ypsilanti, Michigan. Monaghan borrowed $500 to buy the store, and in 1961 James traded his half of the business to Tom in exchange for a Volkswagen Beetle automobile.
Jun 10, 2023 · ·. Follow. 13 min read. ·. Jun 10, 2023. Learn about the insane story of Domino’s Pizza, how it went from a small pizza shop in Michigan to a global brand with over 17,000 outlets in more than 90...