Papa John's Int'l. Inc.

Papa John's Int'l. Inc.

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Promoted Opportunities

Papa John's Int'l. Inc.
#55

Initial Investment

LOW: $130,120
HIGH: $844,420

Change in Units

+4.4% +209 UNITS (1 Year)
+16.1% +685 UNITS (3 Years)

Company Profile

Founded

1985

Franchising Since

1986 (31 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

$130,120 - $844,420

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Additional Training: At company-owned restaurant

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

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 20 - 20

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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: March 13th, 2017

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