Papa John's International Inc. announced that it will have signed more than 200 North American franchise agreements in 2012. These franchisees, nearly half of whom represent individuals who are opening their first Papa John's restaurant, expect to create more than 5,000 new jobs throughout the next three years.

"We are in the business of opening more restaurants and creating more jobs that continue to stimulate the economy," said John Schnatter, founder, chairman and CEO. "Nearly 50 percent of the new agreements signed represent individuals who are opening their first Papa John's small business franchise. With the average Papa John's franchisee owning three to five restaurants, we are proud to be doing our part as a brand to keep the economic engine running for small business owners."

This announcement comes less than three months after the company launched a continuation of its franchise development incentive program. The program offers zero franchise fee, zero percent royalty for 18 months and $50,000 in restaurant equipment for new restaurants opened through 2013. In 2012, restaurant openings under this program created approximately 3,000 jobs in North America, according to the company.

Read more franchising news.

Related Content

User Comments – Give us your opinion!
Products & Services

Leapfrog POS App

http://global.networldalliance.com/new/images/products/4559.png

4559/Leapfrog-POS-App

Custom Digital Signage Templates

http://global.networldalliance.com/new/images/products/6683.png

6683/Custom-Digital-Signage-Templates

Nationwide Criminal Records

http://global.networldalliance.com/new/images/products/Criminal_Search_iix.gif

1427/Nationwide-Criminal-Records

Restaurant Digital Signage Advertising Network

http://global.networldalliance.com/new/images/products/6691.png

6691/Restaurant-Digital-Signage-Advertising-Network

HAND-PINCHED STYLE® Sausage and Beef Toppings

http://global.networldalliance.com/new/images/products/6785.png

6785/HAND-PINCHED-STYLE-Sausage-and-Beef-Toppings

DriverSafe

http://global.networldalliance.com/new/images/products/keyboard_iix.gif

1424/DriverSafe

DriverAdvisor Fleet Monitoring

http://global.networldalliance.com/new/images/products/DriverAdvisor_iix.gif

1425/DriverAdvisor-Fleet-Monitoring

ExpressNet

http://global.networldalliance.com/new/images/products/ExpressNet_iix.gif

1428/ExpressNet

Online Ordering

http://global.networldalliance.com/new/images/products/5931.png

5931/Online-Ordering

Pepperoni

http://global.networldalliance.com/new/images/products/6787.png

6787/Pepperoni

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.