BETTER INGREDIENTS. BETTER BIZZNESS.
Initial fee: | $0 - $25,000 |
Royalty fee: | 5% + Marketing fees 7% |
Total investment: | $122,323 - $554,523 |
Term of agreement: | 10 years, renewable |
Branch: | Food: Pizza Restaurant |
Papa John’s is the third largest pizza restaurant chain in the USA. It makes pizzas with the Papa John signature cheese and uses only fresh ingredients for its products. The majority of orders are either take-out or delivery. There are more than 4,000 locations worldwide with the Papa John’s brand.
The company began franchising in 1986, just a few months after the first Papa John’s restaurant opened. It is an international franchisor with units in more than 30 countries. A proven franchise model allows for a simple and optimized operating system. Franchisees are happy with the opportunities the company provides and 61% of franchisees own more than one Papa John’s restaurant.
The initial investment for becoming part of Papa John’s is relatively low for the quick-service industry. The franchise fee is up to $25,000. Franchisees need to have previous management experience and be able to meet the financial requirements. Papa John’s provides franchise opportunities both in the US and internationally.
Papa John’s is one of the fastest growing restaurant chains in the US. The renowned brand name guarantees a fast return on investment. US entrepreneurs need to have a minimum net worth of $150,000 to start a franchise. There is additional monthly marketing fee of 7% of sales of which 6.5% is allocated to local marketing.
To international franchisees, Papa John’s offers multi-unit deals. Entrepreneurs have to agree to open a minimum number of restaurants for a specific period of time. This opportunity is suitable for entrepreneurs who want to grow their businesses and who have the financial ability to commit to the agreement.
Papa John’s offers support for franchisees. The company provides initial training for management and ongoing trainings for employees. There are special offers for war veterans as well.
Pappa John’s is the third largest pizza chain in the USA. There are more than 4,000 restaurants with the Papa John’s brand. The company focuses on providing the best pizzas with real ingredients. The company is seeking franchisees to operate restaurants with the Papa John’s name.