Papa John's Announces 2014 Development Incentive Program
Program offers zero franchise fee, reduced royalties for the first five years of operation, and a free set of ovens for new restaurants signed through 2014
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No franchise fee ( |
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A free set of Middleby-Marshall ovens, which may be purchased by
the franchisee for |
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0% royalty for first 12 months of operation |
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-- Second 12 months |
1% royalty |
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-- Third 12 months |
2% royalty |
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-- Fourth 12 months |
3% royalty |
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-- Fifth 12 months |
4% royalty |
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A |
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"We are excited to offer this industry-leading development incentive program to new and existing franchisees," said Tim O'Hern, Papa John's Chief Development Officer. "The Papa John's brand has a lot of momentum right now, and there are still a lot of areas for growth throughout the U.S., so now is the perfect time to become a Papa John's franchisee."
The program is generally available for new U.S. unit development
agreements for traditional delivery and carryout units signed by
qualifying franchisees through
Headquartered in
Director,
Corporate Communications
Darryl_Carr@papajohns.com
Source:
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