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FranchiseVerdict

Arby’s vs Papa Johns

Franchise Comparison 2026

Both Arby’s and Papa Johns are quick-service restaurants franchises. Arby’s requires an investment of $869K – $2.5M while Papa Johns requires $261K – $853K. In terms of revenue, Arby’s reports higher average unit revenue at $1.3M. On SBA loan performance, Papa Johns has a lower charge-off rate (18.1%) compared to Arby’s (18.2%). FranchiseVerdict rates Arby’s B (Above average) and Papa Johns A (Strongest tier).

Investment Range
$869K – $2.5M
$261K – $853K
Franchise Fee
$38K
$25K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
$1.3M
$1.1M
SBA Charge-Off Rate
18.2% (198 loans)
18.1% (323 loans)
Total Units
3,265
3,291
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2015
2021
FDD Year
2026
2025