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SUBJECT DOSSIER · FDD 2026

Papa John's Franchise

Cost, fees, owner earnings, closure rate and litigation for a Papa John's franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Pizza · disclosure-honesty grade · from public state filings

Disclosure honesty

C
Transparency 3 / 5

Papa John's discloses earnings (Item 19) — but the grade is how honestly. We graded it C.

Outlets3,294
Disclosed lawsuits3
Closure signals82 ceased
Investment
$281,485–$890,267
Total fees
11% of sales
Outlets
3,294
Closure signals
82 ceased, 0 terminated
Lawsuits
3
◢ FINDINGS
ITEM 20
82 outlets ceased operations
82 ceased operations (2025); 125 transfers suggest ownership churn.
ITEM 03
3 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

Sales data for 2,837 standard restaurants (2025): median $1.07M system-wide, average $1.12M. Top 25% averaged $1.64M. No Non-Traditional/Small-Town data provided.

What a Papa John's franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$25,000Item 5 — paid up front, before you open
Royalty5% of gross salesItem 6 — charged on revenue, not profit
Advertising fund6% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees11% of gross salesBefore rent, labor, food or debt service
Total initial investment$281,485 – $890,267Item 7 — franchisor's own low/high estimate

5-6% royalty; 6% marketing (through 12/2029); 1.75% digital; variable co-op, local ads, software/POS mandatory.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Papa John's system size and owner turnover

Total outlets3,294
Ceased operations82
Terminated by franchisor0
Transferred to new owners125
Closure rate2.5% of outlets

82 ceased operations (2025); 125 transfers suggest ownership churn.

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Papa John's worth it? — how it compares to 38 similar franchises

Ongoing fees11% of salessteeper than 76% of pizza franchises
Startup costfrom $281,485cheaper than most (median $380,000)
Disclosure honestyGrade Ctypical for the category
Closure rate2.5% of outletsworse than 64% of peers
Disclosed lawsuits3more litigious than 71% of peers

Benchmarked against every pizza franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Papa John's

The franchisor's framing: Sales data for 2,837 standard restaurants (2025): median $1.07M system-wide, average $1.12… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Papa John's franchise — frequently asked

How much does a Papa John's franchise cost?
The FDD lists a total initial investment of about $281,485–$890,267, including a $25,000 initial franchise fee.
How much do Papa John's franchise owners make?
Sales data for 2,837 standard restaurants (2025): median $1.07M system-wide, average $1.12M. Top 25% averaged $1.64M. No Non-Traditional/Small-Town data provided. We grade this disclosure C for honesty.
What are the Papa John's franchise fees?
Papa John's FDD discloses a $25,000 initial franchise fee, a 5% royalty on gross sales, a 6% advertising-fund contribution, for roughly 11% of gross sales in recurring fees before rent, labor, or debt service. 5-6% royalty; 6% marketing (through 12/2029); 1.75% digital; variable co-op, local ads, software/POS mandatory.
What is the Papa John's franchise profit margin?
Papa John's does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: Sales data for 2,837 standard restaurants (2025): median $1.07M system-wide, average $1.12M. Top 25% averaged $1.64M. No Non-Traditional/Small-Town data provided. Recurring fees alone take about 11% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Papa John's franchise failure rate?
82 ceased operations (2025); 125 transfers suggest ownership churn.
How many Papa John's locations are there?
Papa John's FDD reports 3,294 total outlets, with 82 that ceased operations in the most recent reporting year and 125 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Papa John's have complaints or lawsuits?
Papa John's discloses 3 legal matters in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a Papa John's franchise worth it?
It depends on the numbers, not the pitch. Papa John's scores C on disclosure honesty, carries about 11% of sales in ongoing fees, and discloses 3 legal matters. Get the real owner take-home before you sign.

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Source: MN CARDS 35810-202604-11 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Papa John's or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.