Franchise opportunities compared

    Papa John’s Pizza vs Paris Banh Mi

    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.

    Initial investment · Item 7

    Papa John’s Pizza

    $125,000 – $890,267

    2026 FDD · Item 7

    Paris Banh Mi

    $478,000 – $828,000

    2026 FDD · Item 7 · PDF p. 15

    Initial franchise fee · Item 5

    Papa John’s Pizza

    $5,000

    2026 FDD · Item 5 · PDF p. 14

    Paris Banh Mi

    $60,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Papa John’s Pizza

    5%

    2026 FDD · Item 6 · PDF p. 16

    Paris Banh Mi

    Not available

    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.
    • Only Papa John’s Pizza has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Papa John’s Pizza

    $125,000 – $890,267
    2026 FDD · Item 7

    Paris Banh Mi

    $478,000 – $828,000
    TOTAL ESTIMATED INITIAL INVESTMENT — $478,000–$828,000
    2026 FDD · Item 7 · PDF p. 15
    Standard initial franchise fee (Item 5)

    Papa John’s Pizza

    $5,000
    2026 FDD · Item 5 · PDF p. 14

    Paris Banh Mi

    $60,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Papa John’s Pizza

    5%
    Traditional royalty rate
    2026 FDD · Item 6 · PDF p. 16

    Paris Banh Mi

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Papa John’s Pizza

    25%
    Nontraditional/Small-Town marketing fund portion of standard rate — 25%
    2026 FDD · Item 6 · PDF p. 17

    Paris Banh Mi

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Papa John’s Pizza

    3,291
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 81

    Paris Banh Mi

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Papa John’s Pizza

    +111
    Calculated: 3,180 at end of 2022 → 3,291 at end of 2024

    Paris Banh Mi

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Papa John’s Pizza

    Not available
    No complete exit records for a year

    Paris Banh Mi

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Papa John’s Pizza

    1986
    From a verified franchisor listing

    Paris Banh Mi

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Papa John’s Pizza

    Not available
    Not in reviewed records

    Paris Banh Mi

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Papa John’s Pizza
    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
    Paris Banh Mi

    Not disclosed — no Item 19 financial performance representation

    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.

    Papa John’s Pizza vs Paris Banh Mi: common questions

    Which costs less to open, Papa John’s Pizza or Paris Banh Mi?
    Papa John’s Pizza: $125,000 – $890,267 (2026 FDD · Item 7); Paris Banh Mi: $478,000 – $828,000 (2026 FDD · Item 7 · PDF p. 15). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Papa John’s Pizza. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Do Papa John’s Pizza and Paris Banh Mi disclose financial performance (Item 19)?
    Papa John’s Pizza has reviewed Item 19 figures for 15 location groups; Paris Banh Mi makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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