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CPL Food Group invests in four new Papa John’s

Published: 11 November 2016

 

Pizza delivery business Papa John’s has announced that fast-food franchise CPL Food Group, which runs 32 Burger King restaurants, is to open four Papa John’s branches by the end of 2016.

The new stores will be managed by CPL Pizza Restaurants, which is owned and operated by Lamen Reddy alongside his business partner and investor, Costa Peridakis.

Lamen explained: “Papa John’s is a brand chain that works and it’s focused on growth.

“We first looked at Papa John’s a few years ago and more recently met up with some franchisees who recommended the opportunity, so we believe investing in Papa John’s stores will complement our overall business portfolio.

“We took over Skegness recently and opened a new store in Accrington at the end of September.

“In addition to further openings planned for this year, we will also add a further five new Papa John’s in 2017.”

Papa John’s has also announced the opening of a new franchise on Sturry Road in Canterbury.

The store has already exceeded initial sales expectations, which franchisee Gurinder Atwal, who runs five other Papa John’s in Kent, has said is partly down to the large student population in the city.

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