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Net-worth Requirements: $250K (for 1 unit, and $1 million for up to 10 units)įranchise Fees: As low as $25K plus royalty fee of 5 percent of monthly net sales (also payable monthly)Īdvertising/Marketing Fee: 8 percent of monthly sales Liquidity Requirements: Papa John’s calls for at least $70K in liquid assets You can start a Papa John’s franchise with an initial investment of as low as $300K Papa John’s was founded in 1984 and has been offering franchise opportunities since 1986.
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Papa John's offers an incentive for veterans which includes a waived franchise fee, free set of ovens, reduced royalty for 4 years and $3,000 food purchase credit. You must have a minimum of $75K in cash and will need approximately $300,000 in cash, liquid assets or available financing to build your restaurant. People and building relationships are a priority. We're looking for franchise owners who are outgoing, have retail management experience, (restaurant experience preferred but not required) and who will be 100% dedicated to managing their team and restaurant. #1 in customer satisfaction and product quality, American Customer Satisfaction Index.#1 Pizza Chain Brand, 2017 Harris Poll EquiTrend®.has relationships with third-party sources which offer financing to cover the franchise fee, startup costs and equipment. The majority of Papa John's franchises are operated on a delivery and carry-out basis however, there are a few restaurants which offer dine-in service. The Papa John's franchise offered is a retail restaurant devoted primarily to the sale of pizza and related food products. Papa John's provides 6-8 weeks of training and also provides ongoing training for your operator and team. With more than 5,220 restaurants worldwide Papa John's has the ingredients for success. If you are willing to work hard and follow the system Papa John's has set in place, you too can grow a successful pizza business.
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