Papa Johns Completes Strategic Refranchising and New Restaurant Development Agreement with Franchisee Chris Patel of Pie Investments
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: Business Wire
Patel, who announced plans to open an additional 52 new restaurants by 2030, will assume ownership and operation of 85 restaurants previously operated by Colonel’s Limited, LLC ATLANTA--(BUSINESS WIRE)--Papa John’s International, Inc. (Nasdaq: PZZA) (“Papa Johns®”) (the “Company”) today announced that it has refranchised restaurants previously owned and operated by Colonel’s Limited, LLC, a joint venture between Papa Johns and Steeplechase Express, Inc. Pie Investments, led by Chris Patel, a leading franchisee operator and now one of Papa Johns largest domestic franchise partners, has assumed control of 85 Papa Johns restaurants in the Washington, D.C. and Baltimore markets. Through a joint venture with Papa Johns, the restaurants were previously owned and operated by Colonel’s Limited, LLC, led by William Freitas, one of Papa Johns longest-standing franchisee partners, who is retiring. Papa Johns and Pie Investments also announced plans to open 52 additional new restaurants by 203
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News
- Does Refranchising 85 Units And Adding 52 New Stores Change The Bull Case For Papa John's (PZZA)? [Yahoo! Finance]Yahoo! Finance
- Don’t Settle for Less: Papa Johns Delivers Better for Just $9.99Business Wire
- Papa Johns hands 85 US stores to Pie Investments in refranchise deal [Yahoo! Finance]Yahoo! Finance
- Papa John's (PZZA): Evaluating Valuation After Leadership Shake-Up and Ongoing International Sales Momentum [Yahoo! Finance]Yahoo! Finance
- Papa John's replaces North America president in management shake-up [Yahoo! Finance]Yahoo! Finance
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- 12/1/25 - Form 4
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- 12/1/25 - Form 4
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