who owns the majority of papa john's
Papa John's Pizza Franchise owners pay a one-off franchise fee of $25,000 per restaurant, then a royalty fee of 5% of net sales, plus a charge for advertising of 8% of net sales. The company requires franchisees to have net worth of at least $250,000, the approximate amount of investment needed.[21][22] Corporate operations look over franchisees to ensure brand consistency. As of JanuaryÂ 2016[update] there were over 4,700 Papa John's restaurants in all 50 U.S. states and in 37 other countries and territories.[1] Papa John's International is a publicly traded company, with 25% of its shares owned by John Schnatter.[23]
Little Caesars Little Caesar Enterprises Inc. (doing business as Little Caesars) is the third-largest pizza chain in the United States, behind Pizza Hut and Domino's Pizza.[1] It operates and franchises pizza restaurants in the United States and internationally in Asia, the Middle East, Australia, Canada, Latin America and the Caribbean. The company was founded in 1959 and is based in Detroit, Michigan, headquartered in the Fox Theatre building in Downtown.[2] Little Caesar Enterprises, Inc. operates as a subsidiary of Ilitch Holdings, Inc.[3]