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Built with precision for the QSR industry

The Database/PIZZA

Papa John's

PZZA · EST. 1984 · Louisville, Kentucky

+ CompareFDD notes
US UNITS3,377+1.5% YOY
GLOBAL UNITS5,600
AUV (US)$940K
INVESTMENT RANGE$130K–$844K
FRANCHISED %90%

01The Read

Pizza delivery chain emphasizing better ingredients and quality

FIG 1 — US UNIT COUNT, 2019–2025
3,241
2019
3,228
2020
3,231
2021
3,293
2022
3,263
2023
3,326
2024
3,377
2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

6 STORIES
The 2026 QSR Real Estate Bidding War: Too Many Chains Chasing Too Few A-SitesMAR 25, 2026Starbucks' Turnaround Paradox: Traffic Is Up, But 420 Basis Points of Margin Just VanishedMAR 25, 2026Oil Price Shock Hits Restaurant Supply Chains: $100 Crude Sends Food-Away-From-Home Costs SurgingMAR 24, 2026Little Caesars Launches Four-N-One Stix as Pizza Chains Race to Own the Shareable Snacking CategoryMAR 24, 202615% of U.S. Restaurants Face Closure Risk in 2026, BBI Data ShowsMAR 24, 2026Restaurant Industry H1 2026: No Catalysts in Sight, Say AnalystsMAR 24, 2026
FDD Fact Sheet · 2025
FRANCHISE FEE
$25K
ROYALTY
5%
AD FUND
—
TERM
10 YRS
LIQUIDITY
$50K
NET WORTH
$200K

Segment Peers

Domino's PizzaPizza HutLittle CaesarsPieology PizzeriaMOD Pizza
QSR Pro Advisory

Evaluating a Papa John's franchise?

Our advisory desk models unit economics, territory, and FDD terms before you sign anything.

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