About PAPA RAY'S PIZZA & WINGS Franchise
Papa Ray's Pizza & Wings is a restaurant franchise operated by Rayyan Pizza Franchise LLC, serving a menu of pizzas and wings along with other comfort food favorites.
The brand offers a straightforward, crowd pleasing concept that combines two of the most popular food categories in the American restaurant market.
The franchise fee ranges from $15,000 to $30,000.
PAPA RAY'S PIZZA & WINGS Franchise Cost & Fees
Minimum Investment
$214K
Average Investment
$336K
Maximum Investment
$459K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $15,000 to $30,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $4,333 | National brand fund |
| Total Investment Range | $213,730 – $459,080 | Includes build-out, inventory, working capital |
The investment range of $214K–$459K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee ($4,333) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 1) | $30,000 | $30,000 |
| Travel and Living Costs while Training (Note 2) | $2,000 | $10,000 |
| Lease Security Deposit and Rent (1st 3 months) (Note 3) | $4,000 | $16,000 |
| Leasehold Improvements (Note 4) | $30,000 | $60,000 |
| Equipment/ Signage/ Furniture/Fixtures (Note 5) | $57,500 | $143,750 |
| POS Computer Systems (Note 6) | $12,330 | $25,330 |
| Initial Inventory and Supplies (Note 7) | $10,000 | $19,000 |
| Utility Deposits | $2,000 | $4,000 |
| Insurance (Note 8) | $900 | $16,000 |
| Miscellaneous Pre – Opening Expenses (Note 9) | $10,000 | $30,000 |
| Grand Opening Advertising (Note 10) | $15,000 | $30,000 |
| Additional Funds (1st 3 months) (Note 11) | $40,000 | $80,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $213,730 | $459,080 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $9,000 |
| Renewal Fee | $2,500 |
| Audit Fee | Payable if audit necessary because of your failure to file reports, supporting r |
| Additional Training Fee | $200 |
| Additional Operating Assistance | $200 |
| Service Charge | $150 |
| Management Fee | $250 |
| Fee for supplier approval | $250 |
| Relocation fee | $500 |
| Travel and Living Costs while Training (Note 2) | $2,000 |
| Lease Security Deposit and Rent (1st 3 months) (Note 3) | $4,000 |
| Leasehold Improvements (Note 4) | $30,000 |
| Equipment/ Signage/ Furniture/Fixtures (Note 5) | $57,500 |
| Initial Inventory and Supplies (Note 7) | $10,000 |
| Utility Deposits | $2,000 |
| Insurance (Note 8) | $900 |
| Miscellaneous Pre – Opening Expenses (Note 9) | $10,000 |
| Additional Funds (1st 3 months) (Note 11) | $40,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | If you are in compliance with the franchise agreement, you renew for an additional 10 year term. |
| Termination for Cause | We can terminate only for cause. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
PAPA RAY'S PIZZA & WINGS Franchise Earnings — Item 19
PAPA RAY'S PIZZA & WINGS does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
PAPA RAY'S PIZZA & WINGS does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
PAPA RAY'S PIZZA & WINGS Litigation & Risk Flags
Clean Litigation RecordPAPA RAY'S PIZZA & WINGS has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
PAPA RAY'S PIZZA & WINGS System Growth
Total Units
2
Franchised
2
Company-Owned
0
PAPA RAY'S PIZZA & WINGS currently operates 2 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 5 | ||
| 2021 | 2 | ||
| 2021 | 7 | ||
| 2022 | 6 | ||
| 2022 | 1 | ||
| 2022 | 7 | ||
| 2023 | 6 | ||
| 2023 | 1 | ||
| 2023 | 7 |
PAPA RAY'S PIZZA & WINGS Franchise — FAQ
The total investment to open a PAPA RAY'S PIZZA & WINGS franchise ranges from $213,730 to $459,080, per their Franchise Disclosure Document. This includes the initial franchise fee of $15,000 to $30,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
PAPA RAY'S PIZZA & WINGS charges a royalty fee of 5% of Gross Sales of gross sales, plus a $4,333 contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the PAPA RAY'S PIZZA & WINGS Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from PAPA RAY'S PIZZA & WINGS to ensure you have the most up-to-date version.
PAPA RAY'S PIZZA & WINGS does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
PAPA RAY'S PIZZA & WINGS has been offering franchise opportunities. The FDD shows an investment range of $213,730-$459,080, a 5% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $15,000 to $30,000 and the total investment ranges from $213,730 to $459,080 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from PAPA RAY'S PIZZA & WINGS and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with PAPA RAY'S PIZZA & WINGS or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com