M&A
confidence high
sentiment neutral
materiality 0.40
Papa Johns refranchises 28 Orlando-area restaurants to franchisee Wade Oney
PAPA JOHNS INTERNATIONAL INC
- Refranchised 28 corporate-owned Orlando restaurants to PZZA Group, LLC and Magic City Pizzerias, LLC, both led by Wade Oney.
- Oney's organizations now own more than 120 Papa Johns restaurants after opening 10 new locations in 2025 across Central and South Florida.
- Former Papa Johns COO for six years, Oney helped grow system to over 2,000 restaurants; restaurants were previously owned by Papa Johns USA, Inc.
- Sale advances Papa Johns' strategic refranchising initiative with proven franchise partners.