Franchise opportunities compared
Papa John’s Pizza vs Papa Murphys
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Papa John’s Pizza discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (Papa John’s Pizza: 15, Papa Murphys: 4). Different groups are not directly comparable.
| Disclosure |  Papa John’s Pizza | PMPapa Murphys |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $125,000 – $890,267 2026 FDD · Item 7 | $450,330 – $693,450 TOTAL ESTIMATED INITIAL INVESTMENT — $450,330 - $693,450 2026 FDD · Item 7 · PDF p. 38 |
| Standard initial franchise fee (Item 5) | $5,000 2026 FDD · Item 5 · PDF p. 14 | Not available No single standard fee identified |
| Royalty (Item 6) | $5.00 Traditional royalty rate 2026 FDD · Item 6 · PDF p. 16 | Not available No reviewed royalty record |
| Brand / advertising fund (Item 6) | $25 Nontraditional/Small-Town marketing fund portion of standard rate 2026 FDD · Item 6 · PDF p. 17 | Not available No reviewed brand or advertising fund fee |
| System scale & health | ||
| Total outlets (Item 20) | Not available No reviewed outlet counts | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | Not available Only one year reported | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | 1986 From a verified franchisor listing | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Standard company-owned restaurants, 2024 25,338 $ other Weekly per-store Corporate average · 2026 FDD · Item 19 · PDF p. 74 Locations counted not stated in the reviewed record — Standard franchised restaurants, 2023 21,411 $ other Weekly per-store Franchised median · 2026 FDD · Item 19 · PDF p. 74 Locations counted not stated in the reviewed record — Standard franchised restaurants 19,598 $ other Weekly per-store Franchised median · 2026 FDD · Item 19 · PDF p. 74 +12 more groups in the full report | Locations counted not stated in the reviewed record — All Franchise Stores 1,015 units other All Franchise Stores · 2026 FDD · Item 19 · PDF p. 64 Locations counted not stated in the reviewed record — Franchise Stores – West $2,458,479 other Franchise Stores – West · 2026 FDD · Item 19 · PDF p. 65 Locations counted not stated in the reviewed record — Franchise Stores – Central 381 units other Franchise Stores – Central · 2026 FDD · Item 19 · PDF p. 65 +1 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.