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Papa John's named one of top franchises for minorities
December 1, 2008
LOUISVILLE, Ky. -- Papa John's International Inc. has been named one of the top 50 franchises for minorities by the National Minority Franchising Initiative for the second year in a row. NMFI made the selection based on factors including historical performance, brand identification, franchisee satisfaction, level of initial training, on-going support and financial stability.
NMFI, which also recently named Papa John's one of the top 25 franchises for Hispanics, utilized a detailed questionnaire focusing on the minority make-up of the existing franchisee base and at the senior management level within the franchisor, as well as development incentive programs offered to minority franchisees, to determine the top 50 franchises.
Papa John's Enterprise Zone Program allows franchisees who qualify to pay no up-front franchise fee - normally $25,000 - for development of restaurants in predominantly urban markets, including: Boston, Chicago, Pittsburgh, Upstate New York, California, Connecticut, Michigan and New Jersey. Additionally, franchisees agreeing to build five or more units in these areas pay a reduced royalty through 2011, and those building less than five restaurants will pay no royalty during Papa John's 2009 fiscal year.
The program is available through Sept. 30, 2009.
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