The franchise offered is for the operation of a quick service restaurant specializing inpizza and limited additional menu items under the name "Papa John's. " Our standard terms maybe modified by the terms of our "Non-Traditional Program" (defined in Item 1). THISDISCLOSURE DOCUMENT IS APPLICABLE ONLY TO FRANCHISES TO BE LOCATEDIN THE UNITED STATES, EXCLUDING ALASKA AND HAWAII.
Company Background
Papa John's is a world-famous pizza company that specializes in high quality, handcrafted pizzas. Headquartered in Louisville, Kentucky, Papa John's operates over 4,700 locations across the globe and has 250 franchisees. Founded by "Papa" John Schnatter as a single location pizzeria on November 15, 1985 in Jeffersonville, Indiana with just $1,600 worth of start-up capital from family and friends. Today we operate more than 3 times as many restaurants as McDonalds or Wendy's and sell 100% fresh ingredients on all our menu items to provide customers with the best tasting pizza at an affordable price. Our goal is to be your favorite place for pizza delivery because we believe there's no
Franchise Opportunity
Making and delivering pizzas is hard We're the nation's third-largest pizza delivery company, but we have a problem. Competitors are constantly undercutting us on price. This makes it difficult for us to keep our prices low enough to stay competitive in the market. Papa John's has been able to maintain low prices by working smarter, not harder. By using technology, we've been able to cut costs while increasing efficiency and productivity across the board. In fact, we've made so many improvements that our customers can now order their favorite pies with fewer clicks than ever before!
Corporate Structure
Papa John’s International Inc. is a Delaware corporation incorporated on July 25, 1991. Their principal business address is P.O.Box 99900, 2002 Papa John’s Boulevard, Louisville, Kentucky 40269-0900.
Royalties and Marketing Fees
Royalties : 5.0% of revenue
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. QSR Industry
$997,142 / unit
Franchise Type: Standard
Average Revenue During 2020
$997,142
$41,214 Industry Low
$2,500,000 Industry High
Franchisee Attrition
7 /10
This franchise's rate of attrition in 2021
of 1.41%
was
Slightly Lower
than the 4% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Papa John's Franchisees
Papa John's Franchise System Development in 2021
FAQ
How much investment do I need to start my own Papa John's business?
Franchisees typically require at least
$200,130 to
$1,244,500 investment to get their
Papa John's business started
What are the initial franchise fees for Papa John's?
Franchisees typically need to pay at least
$30,000 in fees directly to
Papa John's in order to earn the right to launch their business
How much money can I make with a Papa John's franchise? What are
the average revenues for a typical Papa John's business?
We estimate that the average revenue of an individual
Papa John's unit is approximately
$997,142. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Papa John's unit? What
is my contractual commitment?
Papa John's franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
4 /10
The Franchisor's investment costs ranges from
$271,500 to $1,244,500
which is
Much Lower
than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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