Click on the button to view our International Potential Franchisee Request for Consideration Form.
REQUEST FORM
Financial Requirements
Papa John's development agreements generally require a franchisee to build and operate a minimum number of restaurants in a particular geographic area within a period of three to seven years. This requires prospective franchisees to have a substantial net worth and cash availability position. We generally require a minimum US$2,000,000 net worth under our multi-unit development agreement with additional minimum requirements for liquid/cash assets.
These are minimum requirements and do not represent the total potential costs to open and operate one or more Papa John's units.
Ownership Requirements
- The prospective franchise group should have at least one partner with a business background and one partner with substantial restaurant or retail management experience.
- The Principal Operator must live in the area to be developed throughout the term of the franchise group's existence and must have prior management experience relative to the number of units to be developed.
- A personal financial statement and resume must be submitted for each member of the proposed franchise group, and a resume must be submitted for the Principal Operator candidate.
International Franchise Fees
- The franchise fee is US$25,000 per unit for a standard Papa John's restaurant.
- An ongoing management service fee (or royalty) of 5% of net sales is due on a monthly basis.
- Papa John's requires that a minimum of 6% of net monthly sales be spent by each franchisee for marketing purposes, as follows.
- 5.5% is spent on local marketing; and
- 0.5% is paid to a global marketing fund
International Franchise Agreements
- Letter of Intent: This non-binding letter outlines our understanding of the territory and the number of units to be developed in such territory, and requires a deposit. The deposit will be credited against the Exclusivity Fee, which is due if a Master Franchise or Development Agreement is signed.
- Development Agreement: The binding agreement that sets forth all development rights and obligations including the territory and development schedule. Under certain conditions, we will consider a Master Franchise Agreement, which permits sub-franchising.
- Unit License Agreement: The agreement that is signed when each restaurant is scheduled to open. This agreement governs the term and operations of the unit.
*THESE FRANCHISE REQUIREMENTS DO NOT CONSTITUTE AN OFFER TO AWARD A FRANCHISE. SUCH AN OFFER MAY BE MADE ONLY IN COMPLIANCE WITH APPLICABLE DISCLOSURE LAWS, IF ANY.
Click on the button to view our International Potential Franchisee Request for Consideration Form.
REQUEST FORM
In the event that we are experiencing an abnormally high volume of inquiries, please understand that it may take several days for you to receive a response. On those occasions, we sincerely appreciate your patience.
