* Additional Franchises Will Be Included on an Ongoing Basis
Papa John’s Pizza
As described in the offering circular, the franchise offered is for the operation of a fast food restaurant specializing in pizza and limited additional menu items under the name "Papa John's " This offering circular is applicable only to franchises located in the United States, excluding Alaska and Hawaii.
The offering circular states that the initial franchise Fee is $25,000 for each standard Papa John's restaurant ($15,000 for a Seasonal Full-Service Non-Traditional Restaurant and $5,000 for all other types of Non-Traditional Restaurants). It also states that the estimated initial investment required for a restaurant, including certain additional funds necessary for the first 3 months of operation, ranges from $160,823 to $490,623 for a standard Papa John's restaurant and $72,500 to $383,123 for a Non-Traditional Restaurant. As described by the franchisor, the initial development fee is $20,000 plus $5,000 per restaurant to be developed, which is applied against the initial franchise fee payable.