Papa John’s International Announces Continued Expansion in Chile and Spain
June 06 2017 - 9:00AM
Business Wire
Papa John’s International, Inc. (NASDAQ:PZZA), is pleased to
announce the global expansion of our BETTER INGREDIENTS. BETTER
PIZZA. brand in both Chile and Spain through two recently signed
expansion agreements with Drake QSR AG (Drake).
Papa John’s has experienced rapid growth in Chile with plans to
continue to grow. Drake through PJ Chile SpA currently operates 55
restaurants and the recently signed agreement allows the franchisee
to open up to an additional 45 units for a total of 100
restaurants.
Drake through PJI España Pizzerías S.L. (PJ España) has also
signed an expansion agreement, which allows PJ España to expand
outside of Madrid to all areas of Spain. Drake plans to end 2017
with over 40 open restaurants operating throughout Spain, including
Barcelona.
“We are excited about the development opportunities that remain
in Chile and the tremendous growth opportunity in Spain,” said
Silvio Rostagno, CEO, of Drake. “Our customers in both Chile and
Spain continue to tell our team members they love Papa John’s and
our BETTER INGREDIENTS. BETTER PIZZA.”
Drake was awarded Papa John’s Franchisee of the Year in 2015 and
is one of the fastest-growing, most successful franchise business
partners for Papa John’s International, Inc.
“Drake is an outstanding franchise partner,” said Tim O’Hern,
Senior Vice President & Chief Development Officer. “They
continue to focus on delivering on quality which has resulted in a
continued expansion in both Chile and Spain. We remain enthusiastic
about Papa John’s growth opportunities in both countries.”
Papa John’s International has more than 1,650 international
restaurants, including over 400 restaurants in 16 Latin American
countries and is looking for potential franchisees in Brazil,
Honduras, and the Bahamas.
About Papa John’s
Headquartered in Louisville, Kentucky, Papa John's
International, Inc. (NASDAQ: PZZA) is the world's third-largest
pizza delivery company. For 15 of the past 17 years, consumers have
rated Papa John's No. 1 in customer satisfaction among all national
pizza chains in the American Customer Satisfaction Index (ACSI).
Papa John's is the Official Pizza Sponsor of the National Football
League, the Official Pizza of Major League Baseball and the
Official Pizza Partner of the National Hot Rod Association (NHRA).
For more information about the company or to order pizza online,
visit Papa John's at www.papajohns.com. Also visit us on Facebook
at www.facebook.com/PapaJohns, Twitter at
http://twitter.com/PapaJohns, YouTube at
www.youtube.com/user/papajohns, Instagram at
instagram.com/papajohns, and Pinterest at
www.pinterest.com/papajohnspizza. Looking to be a part of something
Better? Join the Papa John’s Pizza Family at
www.papajohns.com/careers/ and www.papajohns.com/franchise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170606005054/en/
Papa John’s International, Inc.Peter Collins, 502-261-4233Senior
Director, Public Relationspeter_collins@papajohns.com
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