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Home > Franchises > Papa John's Int'l. Inc.
Papa John's Int'l. Inc.
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Papa John's Int'l. Inc. was founded in 1985, and they offer first time franchise in 1986. At Papa John’s, they pride themselves on the simplicity and efficiency of their operating system. They employ the same technology, distribution system and training programs system wide, ensuring the quality and integrity of their product in order to further the success of their restaurants. The Papa John’s team assists its franchisees with site selection and equipment packages in addition to providing team member training assistance and restaurant-level marketing guidance. With their relatively low initial capital investment requirements, reputation for success and strong support system, Papa John’s can be an excellent business investment.
Papa John’s strives to constantly improve the support they provide to their franchise family. Highly specialized teams partnering resources with functional expertise in business consulting, marketing, operations and training, support their franchisees. Their Operations Specialists evaluate the efficiency of restaurant operations and conduct comprehensive restaurant evaluations. The results are then provided to the Franchise Business Director as one means of reviewing a franchisee’s business and selecting tactics to help restaurants perform more effectively.
They have a total investment of 250 thousand dollars, franchise fee of 25 thousand dollars and ongoing royalty fee of 4 percent. Their rankings in franchise 500 are 29 in 2006 and 24 in 2004 according to Entrepreneur magazine 2002-2006. With all the continuous hard efforts of all the members of the firm has made it one of the best in the business and has helped them reach to the pinnacle where others can only imagine of reaching. The market demands quality and they strive to give their customers what they demand.
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