Global Pizza franchise Papa John’s has launched its new franchise incentive scheme for 2014 which is being describe as its ‘biggest and best’ franchise offer to date.
The company, who currently has over 250 UK stores, is offering new franchisees access to free oven and refrigerator equipment, royalty holiday and £10,000 worth of marketing spend. The announcement of the incentive comes as the company surges on with its UK franchise expansion, with plans to have 600 stores within the next ten years.
The new scheme will apply to franchisees opening new sites in Wales, the Midlands, North East, the North West and Scotland with 12 month royalty breaks available to those that open stores before July 2014 and a nine month royalty break for stores opened before the end of 2014.
Anthony Round, business development manager said “Papa John’s is focused on growth,”
“The Company’s concept of ‘better ingredients, better pizza’ is enjoying success across the globe and this year we celebrated our 1000th world-wide store opening in Moscow. For our franchisees closer to home, the UK market offers significant potential for expansion.”
In October this year Papa John’s celebrated its first profit in the UK for 7 years. The group's turnover was up on the previous year by 23.9% in 2012 to £28,415,000.