who owns the majority of papa john's
Papa John's Pizza Franchise owners pay a one-off franchise fee of $25,000 per restaurant, then a royalty fee of 5% of net sales, plus a charge for advertising of 8% of net sales. The company requires franchisees to have net worth of at least $250,000, the approximate amount of investment needed.[21][22] Corporate operations look over franchisees to ensure brand consistency. As of JanuaryÂ 2016[update] there were over 4,700 Papa John's restaurants in all 50 U.S. states and in 37 other countries and territories.[1] Papa John's International is a publicly traded company, with 25% of its shares owned by John Schnatter.[23]