Papa John’s franchisee launches second store
Umar Malik has opened a second Swansea unit within six months of launching his first
Franchisee Umar Malik has launched a second Papa John’s branch in Swansea just six months after opening his first outlet for the leading pizza chain.
The serial franchisee, who initially intended upon opening five stores in two years, now believes that he will achieve his expansion plans within 12 months and has already employed 18 new staff members to cater to demand.
Founded in the US in 1994, Papa John’s, is now present in 36 international markets and currently has over 280 franchises in the UK. The pizza brand plans to accelerate growth with franchise opportunities available nationwide for a cost of between £177,000 and £225,000 (excluding VAT and freehold), of which £70,000 must be liquid funds.
The chain recently launched its new 2015 incentive scheme in order to facilitate new franchise openings in regionally areas which offers benefits – such as discounted royalty fees, free equipment and marketing spend – to potential franchisees based in the Midlands, Scotland, Wales, the North East and North West.
Malik emphasised that whilst a successful market launch played a part, the Papa John’s incentive scheme was a huge benefit to his quick expansion:
“The incentive scheme currently run by Papa John’s to help franchisees set up has been a great help. We received deals on equipment and franchise fees, which frees-up a little working capital to spend on other things like marketing.”
For more information on joining the Papa John’s franchise, take a look at their website here.