Based in Jeffersontown, Kentucky, the 30-year old Papa John's Pizza chain of take-out and delivery restaurants presently operates over 4160 restaurants in all 50 states and in 34 countries. Over 3250 of these are both company-owned and franchised in North America. As of the beginning of 2014, there were about 1200 restaurants in the company’s development pipeline of which about 200 are slated for the North American market with the remainder being international. The majority of these are scheduled to open over the next six years. In late February, the company reported that for its fourth quarter that ended in late December 2013, revenues were $387.9-million, a 5.6 percent increase over the fourth quarter 2012. System-wide comparable store sales were up by nine percent for the chain in North America and up by seven percent in international restaurants. For its full year 2013, Papa John’s Pizza reported revenues of $1.4-billion. This is a 7.2 percent increase over the $1.3-billion recorded in 2012. For the full year, system-wide comparable store sales in North America increased by four percent and at the international stores, comparable store sales were up by 7.5 percent. In 2014, the company reports that it expects to continue its momentum of solid growth across all aspects of the Papa John's business. Both the company and its franchisees plan to implement a new, proprietary POS system in substantially all domestic system restaurants in 2014, which is expected to add efficiencies to the operations. During the coming year, North America system-wide comparable sales are expected to increase two to 4.5 percent. International comparable sales are expected to increase five to seven percent, on a constant dollar basis, in 2014. Worldwide net unit growth in 2014 is expected to range between 220 and 250 units, with approximately 70 percent of the net unit growth in International markets and total consolidated revenues are expected to increase five to seven percent in 2014, due to projected North America and international net unit and comparable sales growth. The Papa John’s quick serve restaurants are generally in the 1200 to 1400 square foot range in high traffic plazas with signage and convenient access.
CATEGORY: Quick service Take out, Delivery
Chain Name: Papa John’s Pizza
Company Name: Papa John’s International Inc.
Mailing Address: P.O. Box 99900, Louisville, Kentucky 40269-9990
Tel: 877/547-7272 Fax:
Email: Website: www.papajohns.com
Menu Specialty: Hand-tossed original crust pizza with fresh toppings
Introduced: John Schnatter opened the first pizza delivery location in Jeffersonville, Indiana in October 1983. The company went public on June 8th, 1993.
No. of Locations: Over 4000 locations worldwide
Areas of Operation: Worldwide
Types of Location: Strip & open centers
BusinessType (corp., franchise, jv): Public company, franchise locations
Size Req’d: 1200 to 1400 sq.ft.
Special Requirements (patio, drive-thru, etc):
Contact Name: John H. Schnatter ) Founder, Chairman, CEO
Tony Thompson – President, COO
Lance F. Tucker – Sen. Vice President, CFO, Chief Administration Officer
Timothy C. O’Hern – Sen Vice President, Chief Development Officer
Steve Ritchie – Sen Vice President, Global Operations & Global Operations Support &Training
Robert C. Kraut – Sen Vice President, Chief Marketing Officer
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Papa John’s International Inc., Louisville, Kentucky
Related Chains:
Last Report: Restaurant & QSR Expansion Report #112 Last Update:
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