Program offers zero franchise fee, 0% royalty for 18 months, and
$50,000 in restaurant equipment for new restaurants opened through 2013
LOUISVILLE, Ky.--(BUSINESS WIRE)--
In the midst of another strong year of operations and growth, including
being rated tops in customer satisfaction among all national pizza
chains in the prestigious American Customer Satisfaction Index, Papa
John's is once again offering existing and potential franchisees an
industry-leading package of incentives to join the Papa John's family.
Under the company's 2013 Development Incentive Program announced today,
franchisees signing development agreements in the U.S. now through 2013
under this program can receive:
-
No franchise fee ($25,000 value);
-
$50,000 in equipment, including two Middleby-Marshall ovens, which may
be purchased by the franchisee for $50 after operating for three years;
-
A royalty waiver for up to 18 months; and
-
A $3,000 food credit with PJ Food Service, which operates Papa John's
fresh dough and food distribution quality control centers, for each
restaurant that opens at least 30 days prior to the scheduled opening
date.
"Papa John's continues to be a strong and growing brand with a lot of
runway remaining to grow both in the U.S. and throughout the world,"
said Tim O'Hern, Papa John's Chief Development Officer. "We are proud to
offer this industry-leading development program to help new and existing
franchisees deliver our ‘Better Ingredients, Better Pizza' to an
increasing number of consumers throughout the U.S."
The program is generally available for new U.S. unit development
agreements signed by qualifying franchisees through Nov. 30, 2013, for
new restaurant openings on or before Dec. 29, 2013. The incentives are
subject to the complete rules and eligibility requirements of the
program at the time of signing a development agreement. Full program
details are available upon completion and review of a Franchise
Application accessible at www.papajohns.com.
Headquartered in Louisville, Kentucky, Papa John's International, Inc.
(NASDAQ: PZZA) is the world's third largest pizza company. For 10 of the
past 12 years, consumers have rated Papa John's No. 1 in customer
satisfaction among all national pizza chains in the American Customer
Satisfaction Index (ACSI). Papa John's also was honored by Restaurants &
Institutions Magazine (R&I) with the 2009 Gold Award for Consumers'
Choice in Chains in the pizza segment. Papa John's is the Official Pizza
Sponsor of the National Football League and Super Bowl XLVI and XLVII.
For more information about the company or to order pizza online, visit
Papa John's at www.papajohns.com.
Papa John's International, Inc.
Darryl Carr, 502-261-4318
Director,
Corporate Communications
Darryl_Carr@papajohns.com
Source: Papa John's International, Inc.
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