| In 1984, the now-world famous pizza brand Papa | | | | statement must be submitted as well as the resume |
| John's had opened its first restaurant and from 1986 it | | | | of the Principal Operator candidate. |
| had started franchising. Papa Johns franchises stands | | | | Global Franchise Fees |
| at more than 3,000 restaurants worldwide all of which | | | | For a Papa John's standard restaurant, the |
| are committed to fulfill the promise of the brand "Better | | | | franchise fee stands at US$25,000 per unit. |
| Ingredients. Better Pizza." Want to become a part of | | | | On a monthly basis, 5% of net sales royalty or |
| this growing Papa John's franchising network which is | | | | ongoing management service fee is applicable. |
| spread over China, United Kingdom, United Arab | | | | It is the requirement of Papa John's that each |
| Emirates, Malaysia, Canada, and many more | | | | franchisee should spent minimum 6% of net monthly |
| countries? | | | | sales for marketing purposes. The percentage |
| Financial Requirements | | | | distribution should be 5.5% must be spent on local |
| The development agreements of Papa John's usually | | | | marketing and 0.5% should be paid, to a fund involved |
| require a franchisee to be having in operation in a | | | | in global marketing. |
| specific location, a minimum number of restaurants | | | | Global Franchise Agreements |
| within a time limit of three to seven years. To make | | | | Intent Letter: This letter is non-binding and it outlines, |
| this happen, prospective franchisees should have | | | | our knowledge of the territory and amount of units to |
| supply of significant cash and net worth. Papa John's | | | | be built in the specific territory and this needs a deposit. |
| usually requires, a minimum net worth of US$2,000,000 | | | | If a Development Agreement or a Master Franchise is |
| with extra cash/liquid assets requirements as well. | | | | signed then it is against, the exclusivity fee that the |
| Ownership Requirements | | | | deposit will be credited. |
| At least, one partner of the group applying for | | | | Development Agreement: This is a binding |
| franchise should be from a business background and | | | | agreement which states down, all development |
| one partner should have sufficient, experience in retail | | | | obligations and rights as well as the development and |
| or restaurant management. | | | | territory schedule. We will consider only under certain |
| All throughout the time of the existence of the | | | | conditions, a Master Franchise Agreement that will |
| franchise group, the Principal Operator will have to stay | | | | allow sub-franchising. |
| in the area going to be developed and he should have | | | | Unit License Agreement: This agreement is signed |
| previous experience in management relative, to the | | | | when; a particular restaurant is stated to open. The |
| amount of units that are to be developed. | | | | agreement governs the operations and terms of the |
| For each member making up the proposed | | | | unit. |
| franchise group, a personal resume and financial | | | | |