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How much does the average Papa John franchise make?
A report from Franchise.com estimates that Papa John’s franchise operators are making around $67,000 a year. This number is debatable, but we’ll address that in a minute. According to The Street, an annual salary of $67,000 is still considerably above the median wage for U.S. citizens.
How much does a Papa John’s owner make a year?
Papa John’s Salary FAQs The salary trajectory of an Owner ranges between locations and employers. The salary starts at $74,460 per year and goes up to $74,460 per year for the highest level of seniority.
How much does it cost to buy a Papa John’s franchise?
What Does a Papa John’s Franchise Cost? To buy a franchise with Papa John’s, you’ll need to have at least $75,000 in liquid capital and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $115,120 – $794,420.
What is Papa John’s revenue?
1.81 billion USD (FY December 29, 2020)
Papa John’s Pizza/Revenue
How much does Papa John’s pizza make per unit?
But Papa John’s restaurants generate less revenue per unit than most top fast-food brands. The pizza chain generates an average of $876,000 in sales per unit annually, according to QSR Magazine. The company ranks 38th for its sales per unit in the magazine’s list of the top 50 fast-food chains.
What kind of business does Papa John’s have?
High Quality Menu, Efficient Operating System, Commitment to Employee Training, Cost-Effective Marketing, & Franchise System. The Company operates through the segments: Domestic Company-Owned Restaurants, North America Commisionaries, North America Franchising and International Operations.
How much does it cost to open a Papa John’s franchise?
Papa John’s also has a much lower net worth requirement, and only asks that franchise owners have a net worth of $250,000 with $75,000 of that in liquid assets (via Business Insider ). There’s also the $25,000 start-up fee, but again, this is a lot lower than most other franchises, with Chick-fil-A’s $10,000 start-up fee being the exception.
Where is Papa John’s pizza delivery company located?
The Company operates through the segments: Domestic Company-Owned Restaurants, North America Commisionaries, North America Franchising and International Operations. Headquartered in Louisville, Kentucky, Papa John’s International, Inc. (NASDAQ: PZZA) is the world’s third-largest pizza delivery company. Yum!