Papa John's Int'l. Inc.

Pizza

Background

Founded: 1985 Franchising since: 1986
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 over 3,000 Papa John's restaurants worldwide.

Address:
P.O. Box 99900
Louisville, Kentucky 40299
Phone:
(502)261-7272


Franchisor has 500 employee(s); 10 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 2,193 31 590 612
2008 2,122 19 474 674
2007 1,683 17 373 648
2006 2,091 15 299 557

Where Seeking Franchisees
Nationwide
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $113,823 - $528,123
Franchise fee: $25,000
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $185,000
Cash liquidity requirement: $100,000
Business Experience:
  • General business experience
  • Marketing skills
  • Multi-unit quick-service general management experience preferred

Operations
  • 61% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 20 - 20
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 3 weeks
  • At location near franchisee : 3-4 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Marketing planning & support

Rankings

Franchise 500® rank:
#26 (2010); #10 (2009); #36 (2008); #10 (2007); #29 (2006);

Fastest-Growing Franchises:
#29 (2010); #55 (2009); #49 (2007);

America's Top Global Franchises:
#21 (2010); #10 (2009); #43 (2008); #13 (2007); #24 (2006);


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