Papa John's Int'l. Inc.

Papa John's Int'l. Inc.

Papa John's Int'l. Inc.
#30

Initial Investment

LOW: $129,910
HIGH: $844,210

Change in Units

+5.2% +246 UNITS (1 Year)
+10.1% +476 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1985

Franchising Since

1986 (30 Years)

Corporate Address

P.O. Box 99900 Louisville, KY 40299

CEO

John Schnatter

Parent Company

Papa John's Inc.

Ticker Symbol

About Papa John's Int'l. Inc.

John Schnatter dreamed of opening his own pizza restaurant from the time he was a high school student working at a local pizza parlor in Jeffersonville, Indiana. After getting his business degree from Ball State University in 1983, he returned home, knocked down the broom closet in his father's tavern, sold his car to buy used restaurant equipment and began delivering pizzas.

The first Papa John's restaurant opened in 1985, and the company began franchising in 1986. Today, Schnatter's dream has resulted in thousands of Papa John's restaurants worldwide.

Financials

Financial Requirements

Initial Investment

$129,910 - $844,210

Net-worth Requirement

$250,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Ongoing Royalty Fee

5%

Ad Royalty Fee

8%

Financing Options

Papa John's Int'l. Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives


Franchise fee waived, free set of ovens, reduced royalty for 4 years, $3,000 food purchase credit

Franchise 500® Rank History

Highest Rank: 10

Lowest Rank: 36

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 3 weeks

Additional Training: At location near franchisee

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 20 - 20

Related Franchises

Related Articles

Why NBA Players Might Soon Look Like Soccer Players

Why NBA Players Might Soon Look Like Soccer Players

The league is considering letting marketers use players' jerseys for advertisements.
Lindsay Friedman
1-800-Flowers Boss Determined to Avoid Breaking Customers' Hearts This Valentine's Day

1-800-Flowers Boss Determined to Avoid Breaking Customers' Hearts This Valentine's Day

'Things do go wrong. It's how the company responds to those challenges that really makes a difference.'
Lindsay Friedman
This B2B Franchisee and Former Baseball Manager Believes He Hit One Out of the Park

This B2B Franchisee and Former Baseball Manager Believes He Hit One Out of the Park

Bill Papierniak was a minor league general manager in Richmond, Va. Today, the deals he's inking are with Cartridge World.
Entrepreneur Staff
Burger King Is Starting to Sell Hot Dogs

Burger King Is Starting to Sell Hot Dogs

'It's so obvious,' says the company's head of North American operations. 'I don't know why we didn't do this before.'
Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Lifelong Health Advocate Finds a Natural Fit With Jamba Juice

Panos Joulios, a career-entrepreneur in the restaurant industry, loves promoting healthy living at his several juice joints across Arizona and California.
Erin Schultz

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 1st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012