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General

Industry

Food and Beverage

Category

Pizza

SBA Identifier

S1273

Year of Founding

2020

Fees

Marketing Fee

5%

Royalty Fee

5%

Franchise Fee

$25,000-$25,000

Investment Range

$198K-$744K

Location units

Total U.S. Locations

3134

U.S. Franchised Units

2546

U.S. Corporate Units

588

Headquarters (City)

Louisville

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2021

Issuance of FDD Data

02/25/2021

What to know about Papa John's franchise?

The franchise offered is for the operation of a quick service restaurant specializing in pizza and limited additional menu items under the name "Papa John's."

Papa John's is based in Louisville, KY. Scroll down to learn more!

How much does a Papa John's franchise cost?

Are you wondering how much is a Papa John's franchise? Before starting a Papa John's franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Papa John's franchise is $198,130 and can go all the way up to $743,930. Keep in mind, you should also allocate additional funds to live off of while the Papa John's business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Papa John's franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Papa John's business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Papa John's franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Papa John's. Hotels to the Pizza, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2018 2606 70 246 2554
2019 2554 60 161 2544
2020 2544 50 48 2546

Additional Details

How much does a Papa John's franchise owner make?

Papa John's franchise earnings and revenue can vary significantly from one franchisee to another.
The Papa John's franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Papa John's discloses financials at the unit level. In other words, they show how much Papa John's franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Papa John's franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Papa John's. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Papa John's owners were making.

Visit the Papa John's metrics tab to explore the financials for this business.

What is the Papa John's franchise fee?

Owning a Papa John's franchise requires 5% royalty fee and 5% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Papa John's Franchise Disclosure Document

Keep in mind, there is also an initial Papa John's franchise fee of $25,000 that is included in the initial investment amount of $198,130 to $743,930. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Papa John's franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Papa John's franchise fee of $25,000.

Visit the Papa John's metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Papa John's founded?

Papa John's started offering franchises in 2021. Papa John's was founded 2 years ago in 2020.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Papa John's locations are in the U.S.?

As of 2021, there were 2546 locations across the U.S. There are also 588 corporate locations. Most Food and Beverage franchises like Papa John's have more franchised locations than corporate locations.

How many Papa John's franchises opened over the past few years?

Over the prior 3 years we have data for, Papa John's has opened 180 outlets throughout the U.S. Visit the Papa John's metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Papa John's franchises closed over the past few years?

Over the prior 3 years we have data for, Papa John's has closed 455 outlets throughout the U.S

Visit the Papa John's metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Papa John's growing? Are they opening more locations than they are closing?

The net unit growth rate for Papa John's over the past 3 years is -2%. Over the last year we have data for, Papa John's had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Papa John's growth rate compares to 2,000+ other franchises and Industry franchises like Papa John's. More info in the Papa John's metrics tab.

Is Papa John's franchise eligible for an SBA Loan?

Papa John's is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Papa John's franchise was assigned the SBA Franchise ID of S1273 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Papa John's that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Papa John's a franchise in the United States?

According to the SBA, Papa John's meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Papa John's provides you with an FDD if you are in discussion to buy a Papa John's.

What is the Papa John's Franchise for Sale Rate?

The Papa John's systemwide health and franchisee satisfaction can be measured by the Papa John'sfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Papa John's franchise for sale rate over the past 3 years is 14%. Over the last year we have data for, Papa John's had a franchise for sale rate of 7%.

Without a comparison, this number doesn’t mean much. Compare how the Papa John's franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Papa John's. More info in the Papa John's metrics tab.

What is the Papa John's Franchise Failure Rate?

Papa John's franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Papa John's failure rate over the past 3 years is 18%. Over the last year we have data for, Papa John's had a franchise failure rate of 2%.

Without a comparison, this number doesn’t mean much. Compare how the Papa John's franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Papa John's. More info in the Papa John's metrics tab.

How can I find out more details on Papa John's franchise?

Visit the Papa John's metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Papa John's

$471,030

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Papa John's

5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Papa John's

$25,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2021)

General

Industry

Food and Beverage

Category

Pizza

SBA Identifier

S1273

Year of Founding

2020

Fees

Marketing Fee

5%

Royalty Fee

5%

Franchise Fee

$25,000-$25,000

Investment Range

$198K-$744K

Location units

Total U.S. Locations

3134

U.S. Franchised Units

2546

U.S. Corporate Units

588

Headquarters (City)

Louisville

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2021

Issuance of FDD Data

02/25/2021

Detailed Franchise metrics for Papa John's

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Papa John's below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Papa John's

$25,000

Industry median

All franchises median

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Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Papa John's

6%

18%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Papa John's

5%

14%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

2002 Papa John's Boulevard

State headquarters

Kentucky

Key leadership

Papa John's

Phone

+1 (000) 0********00

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City

Louisville

Zip code

40299
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