PAPA JOHNS INTERNATIONAL INC 10-K

Item 2. Properties ​ As of December 26, 2021, there were 5,650 Papa John’s restaurants worldwide. The following tables provide the locations of our restaurants. We define “North America” as the United States and Canada and “domestic” as the contiguous United States. ​ North America Restaurants: ​ ​ ​ ​ ​ ​ ​ ​ ​ Company (1) Franchised Total Alabama 3 83 86 Alaska — 11 11 Arizona — 69 69 Arkansas — 26 26 California — 179 179 Colorado — 46 46 Connecticut — 5 5 Delaware — 17 17 District of Columbia — 10 10 Florida 39 254 293 Georgia 86 100 186 Hawaii — 14 14 Idaho — 13 13 Illinois 8 73 81 Indiana 44 93 137 Iowa — 24 24 Kansas 16 19 35 Kentucky 42 64 106 Louisiana — 60 60 Maine — 3 3 Maryland 60 42 102 Massachusetts — 7 7 Michigan — 33 33 Minnesota — 35 35 Mississippi — 33 33 Missouri 41 27 68 Montana — 9 9 Nebraska — 13 13 Nevada — 25 25 New Hampshire — 3 3 New Jersey — 53 53 New Mexico — 16 16 New York — 85 85 North Carolina 101 81 182 North Dakota — 9 9 Ohio — 161 161 Oklahoma — 37 37 Oregon — 14 14 Pennsylvania — 83 83 Rhode Island — 3 3 South Carolina 8 78 86 South Dakota — 13 13 Tennessee 36 79 115 Texas 90 215 305 Utah — 30 30 Virginia 26 118 144 Washington — 43 43 West Virginia — 23 23 Wisconsin — 24 24 Wyoming — 9 9 Total U.S. Papa John’s Restaurants 600 2,564 3,164 Canada — 175 175 Total North America Papa John’s Restaurants 600 2,739 3,339 ​ (1) Company-owned Papa John’s restaurants include restaurants owned by majority-owned subsidiaries. There were 188 such restaurants at December 26, 2021 (60 in Maryland, 90 in Texas, 26 in Virginia, and 12 in Georgia). 22 Table of Contents International Restaurants: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Franchised Azerbaijan 12 Bahrain 18 Belarus 20 Bolivia 5 Cambodia ​ 5 Cayman Islands 2 Chile 135 China 226 Colombia 55 Costa Rica 40 Cyprus 7 Dominican Republic 19 Ecuador 24 Egypt 64 El Salvador 31 France 5 Germany ​ 13 Guam 3 Guatemala 25 Iraq 1 Ireland 79 Israel 15 Kazakhstan 6 Kuwait 30 Kyrgyzstan 3 Mexico 68 Morocco ​ 4 Netherlands 32 Nicaragua 4 Oman 11 Pakistan ​ 15 Panama 27 Peru 46 Philippines 15 Poland 7 Portugal ​ 3 Puerto Rico 26 Qatar 38 Russia 186 Saudi Arabia 7 South Korea 219 Spain 82 Trinidad 9 Tunisia 10 Turkey 60 United Arab Emirates 66 United Kingdom 507 Venezuela 26 Total International Papa John’s Restaurants ​ 2,311 ​ ​ ​ 23 Table of Contents Most Papa John’s Company-owned restaurants are located in leased space. The initial term of most domestic restaurant leases is five years with most leases providing for one or more options to renew for at least one additional term. Generally, the leases are triple net leases, which require us to pay all or a portion of the cost of insurance, taxes and utilities. As a result of assigning our interest in obligations under property leases as a condition of the refranchising of certain restaurants, we are also contingently liable for payment of approximately 70 domestic leases. ​ Our corporate office in Atlanta, Georgia, is located in a leased space. Nine of our 12 North America QC Centers are located in leased spaces, with the remaining three QC centers located in buildings we own. Our corporate office and our printing operations located in Louisville, KY are in buildings owned by us. We also maintain a Company-owned office and a full-service QC Center outside of London, United Kingdom (“UK”), where our international operations are managed. ​ At December 26, 2021, we leased and subleased approximately 425 Papa John’s restaurant sites to franchisees in the UK. The initial lease terms on the franchised sites in the UK are generally 15 years. The initial lease terms of the franchisee subleases are generally five to ten years. See “Note 3” of “Notes to Consolidated Financial Statements” for additional information. ​