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Dominos pizza logo12/27/2023 WHEN MONAGHAN OWNED THE DETROIT TIGERS, THEY CELEBRATED WITH DOMINO’S PIZZA.ĭomino’s the franchise was a huge success, making Monaghan a very rich man. “You can see I wasn't thinking of a national chain back then,” he said in 2003. Monaghan put three dots on the domino to represent the three restaurants he owned at the time, intending to add a dot for each new location. The new name lent itself to a domino logo. THE CHAIN WAS ORIGINALLY GOING TO BE CALLED “DOMINICK'S.” Tom traded him the Volkswagen they used for deliveries for sole ownership of the business. But within eight months of buying the pizzeria, Jim decided to focus solely on his job with the post office. The original plan between the two Monaghan brothers was to trade off shifts so Tom could continue his studies and Jim could keep up his job as a mailman. TOM MONAGHAN TRADED HIS CAR TO BECOME THE SOLE OWNER. They bought DomiNick's in 1960 with a $900 loan. He briefly studied as an architect at the University of Michigan but, unable to pay tuition, he took his brother Jim up on an offer to go in on a small pizzeria that was for sale. After barely graduating high school-he was last in his class-and a stint in the Marine Corps, Tom tried to go to college in Michigan. After that, they bounced around to various foster homes. Unable to care for her kids on her own, his mother sent Tom and his brother to a Catholic orphanage for six years. Tom Monaghan’s father died when he was just 4 years old. In the past 50 years, Domino’s has grown to become the second largest pizza chain in the country.
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