Papa John’s Franchise Review

Papa John’s is a chain of pizza delivery restaurants in the United States. It is named as one of the largest and fastest growing pizza companies in the world and ranks high in customer satisfaction.

The Papa John’s concept was envisioned and pioneered by John Schnatter, who began his career in the same industry delivering pizza as a pizza delivery guy. After graduating, he had the opportunity to work at his father’s bar, but he wanted to serve his own pizza to his own customers. To accomplish this goal, John sold his car.

In a very short time, Papa John’s has achieved great success by being one of the largest pizza companies and scoring high in customer satisfaction. One of the reasons for its success, as its “Better Ingredients, Better Pizza” tagline indicates, Papa John’s uses the best ingredients in its preparation and presentation. From water to protein-enriched flour, meats, cheeses, vegetables and other ingredients, Papa John’s focuses on fresh, clean and sanitary products. Each pizza is served with the required garlic dipping sauce and a thin crust.

In case you want to partner with Papa John’s in the business of serving high-quality pizzas to your customers and go for a Papa John’s franchise, you should have at least a rough idea of ​​the initial franchise fees.

Deductible cost:
• The minimum net worth for a unit is $250,000; 4-10 units cost $1 million, and more than 11 units require a net worth of $2 million.
• Liquid assets consisting of cash and/or readily available financing must total at least $250,000 for any number of units.
• At least one partner, successful business management background, and proximity to chosen location.
• Franchise fee is low at $25,000
• 5% ongoing royalties payable monthly.
• Estimated investment is between $160,000 and $395,000 with an average 1,200 to 1,400 square foot strip center unit costing around $220,000.
• Renewable every 10 years.

advantages
• Absentee Ownership – Actually recommended if you don’t have QSR experience.
• Ranking: Recently named the #10 Global Franchise by Entrepreneur Magazine.

Cons
• Mandatory marketing budget: a franchisee must spend a minimum of 7% of the monthly net on marketing.

Papa John’s franchise information:

Business Established: 1985
Franchises since: 1986
Deductible Fee: $25,000
Total investment (US): $160,000 to $395,000

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