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Papa John's named one of top franchises for minorities
October 14, 2007
LOUISVILLE, Ky. — Papa John's International Inc. was recently named one of the top 50 franchises for minorities by the National Minority Franchising Initiative. NMFI made the selection based on factors including historical performance, brand identification, franchisee satisfaction, the level of initial training, on-going support and financial stability.
The selection also was based on the results of a detailed questionnaire that focused on the minority make-up of the existing franchisee base and at the senior management level within the franchisor.
To foster franchise opportunities for minorities, Papa John's has launched an Enterprise Zone Program allowing franchisees who qualify to pay no up-front franchise fees for developing restaurants in predominantly urban markets including: Buffalo and Albany, N.Y.; Boston; Chicago; Detroit; California; Connecticut; and New Jersey.
Additionally, franchisees agreeing to build five or more units pay a reduced royalty through 2010, and those building less than five restaurants will pay no royalty during 2008. The program is available through Sept. 28, 2008.
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