How did Papa Johns stop losing money?

Name: How did Papa Johns stop losing money? | Humix Video
Uploaded: 2025-05-20T03:18:02+00:00
Duration: 55 s

0:00
and we went from being a uh franchise
0:03
support business to owning and running
0:05
the largest estate within the uh within
0:07
the business And we kept those
0:09
restaurants for nearly a year We tried
0:12
to look at which ones we could turn
0:13
around and fortunately 60 of them were
0:17
really good So we reffranchised them
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internally to incumbent
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franchises 13 of them we've kept under
0:24
corporate ownership But unfortunately 43
0:27
of them we've had to close Um and
0:30
closing restaurants never an easy
0:32
decision It's the last thing we ever
0:33
want to do It's a lot of jobs
0:34
particularly when people's livelihoods
0:36
are at stake Um but if restaurants are
0:40
perform performing badly and losing a
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lot of money sometimes the best decision
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decision is to close them Now fast
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forward to today we're no longer losing
0:49
money and we're we're looking at making
0:51
a profit this year And that's because of
0:53
the difficult decisions we made back

How did Papa Johns stop losing money?

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How did Papa Johns stop losing money?

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