The Papa John’s Pizza franchise has a high SBA loan default rate of 23%. Papa John’s Pizza is listed by the SBA among the worst franchises by SBA loan default.
Papa John’s Pizza franchisees have received 125 SBA-guaranteed loans since 2001; nearly a quarter of those loans have been defaulted on by Papa John’s Pizza franchise owners.
The Papa John’s Pizza Franchise has a failure rate of 23% for SBA-backed franchise loans
It’s likely that Papa John’s Pizza franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly one-quarter were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Papa John’s Pizza franchise opportunity?
What do you think accounts for the SBA loan failure rate of Papa John’s Pizza franchise owners?
What steps should Papa John’s Pizza be taking to stop further franchise failures?
Has Papa John’s Pizza taken serious action to address the problems that led to the 23% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A PAPA JOHN’S PIZZA FRANCHISE OWNER OR FORMER PAPA JOHN’S PIZZA FRANCHISEE? ARE YOU FAMILIAR WITH PAPA JOHN’S PIZZA FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
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