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)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

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 throughout the U.S. and 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 More Baby Boomers Are Looking to Franchise

Why More Baby Boomers Are Looking to Franchise

Twenty-two percent of boomers have less than $100,000 of retirement savings.
David Nilssen
Why This Auto Repair Franchise Expanded to Nigeria

Why This Auto Repair Franchise Expanded to Nigeria

An automotive repair franchise takes the leap.
Tracy Stapp Herold
Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Learn how Rob Steinfeld and Dean Hanson set up a franchise and joined the unexpected travel boom.
5 Things to Consider Before You Open More Locations

5 Things to Consider Before You Open More Locations

Once your first business succeeds, it's easy to get complacent. Ask yourself what you should do next.
Kyle Zagrodzky

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: May 18th, 2016

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