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Papa John's International refranchises stake in joint venture

Papa John s International Inc. has refranchised its majority stake in a joint venture with Blue and Silver Ventures, Ltd.
Sun Holdings, a multi-brand franchisee operator, has assumed control of 90 brand locations in Texas, according to a press release. ....

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Papa John's International Announces Major Strategic Refranchising Agreement With Sun Holdings to Accelerate Domestic Development

Top U.S. franchise operator Sun Holdings to assume ownership and operation of Papa Johns share in 90-restaurant joint venture with Blue and Silver Ventures, Ltd.
. | March 31, 2022 ....

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