US Pizza Chain Papa John's to Open Outlets in Kenya (2024)

FAQs

How many countries does Papa Johns operate in? ›

Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world's third-largest pizza delivery company with more than 5,900 restaurants in 50 countries and territories.

In order to open a Papa John's restaurant, potential franchisees must have access to liquid assets of at least $75,000, at least $250,000 in net worth, and the ability to obtain financing of up to $275,000. The company also charges a one-time franchise fee of $25,000 for new restaurants.

John Schnatter launched the pizza company as Papa John's from his family's Jeffersonville, Indiana, bar in 1984. Ten years later, it has grown to 500 Papa John's stores nationwide. In 1999, the company moved into its Louisville corporate headquarters.

Papa John's global presence has reached over 5,500 locations in 49 countries and territories, and is the world's third-largest pizza delivery company.

As the largest pizza company in the world, Domino's is dedicated to making, baking, and delivering mouthwatering pizza to households across the U.S. and world.

How much does a Papa John'S Franchise make? As of Jun 19, 2024, the average annual pay for a Papa John'S Franchise in the United States is $68,748 a year. Just in case you need a simple salary calculator, that works out to be approximately $33.05 an hour. This is the equivalent of $1,322/week or $5,729/month.

Papa John's International has a consensus rating of Strong Buy which is based on 7 buy ratings, 2 hold ratings and 0 sell ratings.

What is the failure rate for a Papa John's franchise? Low to moderate. The failure rate for a Papa John's franchise is 2% in the first year, rising to 6% by year three.

With sales worth approximately 8.57 billion U.S. dollars, Domino's Pizza was the leading quick service pizza chain in the United States in 2022. Pizza Hut and Little Caesars ranked second and third, respectively.

How much is Papa Johns owner worth? ›

The Papa John's founder is estimated to be worth just over $1B. John Schnatter is worth a lot of dough. The 58-year-old entrepreneur founded Papa John's in 1984 in Jeffersonville, Indiana.

To buy a franchise with Papa John's, you'll need to have at least liquid capital of $75,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $115,120 - $794,420.

Shaq owns nine Papa John's restaurants in and around Atlanta. He has also appeared in Papa John's commercials and other advertising which is part of the criteria he required. He not only purchased nine franchises, but he also sold the company the right to use his likeness and voice for $8.5 million.

Atlanta, GA

Papa Johns / Headquarters

Papa John's International said last week that it was suspending all of its corporate operations in Russia, following in the footsteps of other high-profile American brands like McDonald's and Starbucks. However, the 190 Papa John's restaurants in the country are still open and selling pizzas.

O'Neal has been a proprietor of the chain since 2018, not long before he took Papa Johns into his business portfolio. This doesn't sound like a true breakup between Papa Johns and the NBA star. It's more of a “see you later.”

Founded in 1985, Papa John's is one of the largest pizza delivery companies in the world with more than 5,000 stores around the globe. O'Neal owns nine Papa John's pizza franchise locations, which equals holdings worth in the neighborhood of $7 million.

Papa Murphy's is different on purpose. Not only because we make our take 'n' bake pizzas completely from scratch with fresh ingredients at over 1,250 locations across the U.S—plus locations in Canada and the UAE—but because we do it with swagger.