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Papa John's International
Quick-service pizza restaurant
Papa John's International makes a lot of dough -- pizza dough, that is. The company operates the world's #3 pizza chain (behind YUM! Brands' Pizza Hut brand and Domino's) with more than 3,700 pizzerias across the U.S. and in more than 30 international markets. Its restaurants offer several pizza styles and topping choices, as well as a few specialty pies such as The Works and All the Meats. Papa John's locations typically offer delivery and carry-out service only. It owns and operates about 600 locations, while the rest are franchised. Founder and chairman John Schnatter owns more than 20% of the company.
Why This Company Makes Our AllStar List
A high growth rank (#25) and a solid financial strength rank (#49) put Papa John's International in the top 10 of the Franchise AllStars for the first time in 2012.
Quality improvements and technology upgrades, including an iPhone app with ordering and location-finding functions, helped drive company sales in 2011. One of its key growth strategies was to open new stores in nontraditional venues. Papa John's also enjoyed strong growth outside the U.S., with new locations opening in more than 30 countries.
To encourage this growth, Papa John's has offered development incentives in which new franchisees are exempt from paying a franchisee fee, pay no royalty fees on sales for up to 12 months, and receive a free set of ovens. Papa John's also provides franchisees with a list of lending institutions and is listed on the SBA's Franchise Registry.
A multiyear deal making Papa John's the official pizza sponsor for the NFL will benefit franchisees in North America and the United Kingdom.
2011 AllStar Rank: 40
2010 AllStar Rank: 47
2009 AllStar Rank: 42
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
A high growth rank (#25) and a solid financial strength rank (#49) put Papa John's International in the top 10 of the Franchise AllStars for the first time in 2012.
Quality improvements and technology upgrades, including an iPhone app with ordering and location-finding functions, helped drive company sales in 2011. One of its key growth strategies was to open new stores in nontraditional venues. Papa John's also enjoyed strong growth outside the U.S., with new locations opening in more than 30 countries.
To encourage this growth, Papa John's has offered development incentives in which new franchisees are exempt from paying a franchisee fee, pay no royalty fees on sales for up to 12 months, and receive a free set of ovens. Papa John's also provides franchisees with a list of lending institutions and is listed on the SBA's Franchise Registry.
A multiyear deal making Papa John's the official pizza sponsor for the NFL will benefit franchisees in North America and the United Kingdom.
2011 AllStar Rank: 40
2010 AllStar Rank: 47
2009 AllStar Rank: 42
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
AllStar Franchise
AllStar Rank:
7
See All AllStar Franchises
Papa John's International
2002 Papa John's Boulevard
Louisville, KY 40299
502-261-7272
Fast Facts
| Year established | 1984 |
| Franchising since | 1986 |
| Can be run from home? | No |
| Number of employees needed | 20 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | Yes |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2012 | 2,463 | 822 | 598 |
Expanding in These Locations
United States, Worldwide
Costs
| Total Investment | $122,323 - $554,523 |
| Franchise Fee | $5,000 - $25,000 |
| Royalty Fee | 0% - 5% |
Financial Requirements
| Net Worth | $150,000 |
| Liquid Capital | $50,000+ |
Franchisee Qualifications
Must have a great principal operator with proportionate QSR experience to number of units being developed
Appropriate capitalization and able to manage finances
Outgoing attitude towards customers and the community
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
Financing Assistance
Franchisor provides franchisees with a list of lending institutions on its Web site
AllStar Franchise
AllStar Rank:
7
See All AllStar Franchises
Papa John's International
2002 Papa John's Boulevard
Louisville, KY 40299
502-261-7272
Content provided by Hoovers.com
Papa John's International, Inc.
Papa John's International makes a lot of dough -- pizza dough, that is. The company operates the world's #3 pizza chain (behind YUM! Brands' Pizza Hut brand and Domino's) with more than 3,700 pizzerias across the U.S. and in more than 30 international markets. Its restaurants offer several pizza styles ...
| Company Type: | Public |
| Employees: | 17,800 |
| 1 Year Employee Growth: | 20.7% |
| Executives: | John H. Schnatter, Chairman and CEO |
| Rankings: | S&P 600, |
| Sales: | $1,063,600,000 |
| 1 Year Sales Growth: | 6.2% |
| Net Income: | $32,700,000 |
| 1 Year Net Income Growth: | - 48.3% |
| See More Financials | |
| Industries: | Fast-Food & Quick-Service Restaurants |
| See More Industries | |
| Top Competitors: | Domino'sLittle Caesar'sPizza Hut |
AllStar Franchise
AllStar Rank:
7
See All AllStar Franchises
Papa John's International
2002 Papa John's Boulevard
Louisville, KY 40299
502-261-7272
