Franchise news

18.07.2008

Papa John's signs agreement to open 100 restaurants in Malaysia

Papa John's International, Inc. recently announced that it has signed a development agreement with Berjaya Pizza Company Sdn Bhd, to open 100 Papa John's restaurants in Malaysia over the next 10 years. The first restaurant is expected to open its doors to the public this year. According to the information provided, Berjaya is planning to focus its development in Kuala Lumpur to begin with and shall then move to the Klang Valley region and other cities.

David Flanery, Papa John's chief financial officer and president, International, commented on this new deal, saying, “This agreement will further strengthen Papa John's brand position throughout Asia. One of the keys to the success of Papa John's in any country is working with top-quality franchisees and Berjaya is an experienced company dedicated to delivering on our brand promise.”

Headquartered in Louisville, Kentucky, Papa John's International is, it says, the world's third largest pizza company. There are currently 171 Papa John's restaurants in Asia, including China and South Korea. There are more than 3,200 Papa John's restaurants open worldwide, including 495 international restaurants in 29 countries. (kbp)


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