Program offers zero franchise fee, a royalty waiver for up to 18
months, and $50,000 in restaurant equipment for new restaurants opened
LOUISVILLE, Ky.--(BUSINESS WIRE)--
After another strong year of growth, including opening its 3,000th
restaurant in North America, Papa John's is again offering franchisees
an enticing package of incentives to grow within or join the Papa John's
family. Under the company's 2012 Development Incentive Program announced
today, qualifying restaurants opening in the U.S. in 2012 under this
best-in-class program can receive:
No franchise fee ($25,000 value);
$50,000 in equipment, including two Middleby-Marshall ovens, which the
franchisee may purchase 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
"Our brand is poised for continued growth in 2012," said John Schnatter,
Papa John's Founder, Chairman and CEO. "We are proud to offer this
Development Incentive Program to help franchisees grow with us and
deliver our ‘Better Ingredients. Better Pizza.' to an increasing number
of consumers throughout the country."
The program is generally available for new U.S. unit development
agreements signed by qualifying franchisees through Nov. 18, 2012, for
new restaurant openings on or before Dec. 30, 2012. 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 is the Official Pizza Sponsor of
the National Football League and Super Bowl XLV, 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
Source: Papa John's International, Inc.
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