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FranchiseVerdict

Papa Johns vs Pieology

Franchise Comparison 2026

Both Papa Johns and Pieology are quick-service restaurants franchises. Papa Johns requires an investment of $261K – $853K while Pieology requires $304K – $808K. Papa Johns discloses average revenue of $1.1M; Pieology makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Reported as net sales, not gross sales. On SBA loan performance, Pieology has a lower charge-off rate (0.0%) compared to Papa Johns (18.1%). FranchiseVerdict rates Papa Johns A (Strongest tier) and Pieology B (Above average).

Investment Range
$261K – $853K
$304K – $808K
Franchise Fee
$25K
$25K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$1.1M
N/ANo Item 19 representation
SBA Charge-Off Rate
18.1% (323 loans)
0.0% (23 loans)
Total Units
3,291
83
Unit Growth (YoY)
+63 units
-24 units
Year Began Franchising
2021
2012
FDD Year
2025
2025