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Author Topic: Papa's John Pizza Exposed  (Read 10008 times)
The_Hammer
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« on: November 14, 2012, 11:12:22 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/
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« Reply #1 on: November 14, 2012, 11:15:02 AM »

Though you found out he uses horse semen or something nasty in his sauce.  This story is boring. Angry
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« Reply #2 on: November 14, 2012, 11:15:18 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/
papa john only wanted to give 1 million pizza's away peyton manning made it 2 million. Grin Grin Grin Grin Grin Grin
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« Reply #3 on: November 14, 2012, 11:15:26 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/

Those are the worst pizza pies I've ever tasted.

"1"
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« Reply #4 on: November 14, 2012, 11:16:02 AM »

You're talking about a billion dollar company here. Let's not even include his personal net worth. This is all publicity. If he doesn't like it, sure raise prices like there's no tomorrow. His competition will eat him up! Don't believe anything you hear or see. Do your own research.
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« Reply #5 on: November 14, 2012, 11:16:17 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/
Roll Eyes
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The_Hammer
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« Reply #6 on: November 14, 2012, 11:23:36 AM »

You're talking about a billion dollar company here. Let's not even include his personal net worth. This is all publicity. If he doesn't like it, sure raise prices like there's no tomorrow. His competition will eat him up! Don't believe anything you hear or see. Do your own research.

It sounds like an excuse for him to raise prices and lay off workers.


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« Reply #7 on: November 14, 2012, 11:25:36 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/


so obama care hires 16,000 IRS agents and trains 0 new docs and you think it will be MORE efficient???   Huh Roll Eyes
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« Reply #8 on: November 14, 2012, 11:29:45 AM »

The same Papa John that gave 250,000 to someone just to get his Camaro back? The same guy that sold off his Camaro to keep his business afloat? The same guy that gave some random people 25k just for helping find it?



How Jalopnik Reunited Papa John With His Camaro
As we first reported yesterday, pizza magnate Papa John Schnatter has been reunited with his Camaro. This is the story of how Jalopnik made it happen and helped someone get $250,000.

The story really begins in 1983, when Papa John Schnatter's father was on the verge of closing his tavern because of a bankruptcy. Faced with few choices, Papa John sold the only asset he had to his name: A Bumblebee-striped black-and-gold 1971Ĺ Chevy Camaro Z28.

        
View the gallery
Click on the gallery to walk through where the Z28 traveled over the years.
With the $2,800 he received for the Camaro he was able to save the family business and launch Papa John's, a business that now numbers at more than 3,000 pizzerias in 26 countries with a market value of three-quarters of a billion dollars. He had a lot, but Papa John still missed that Camaro. So Schnatter started looking for it.

"For 26 years I wanted the car back," said Schnatter. "[A friend] looked for that car for most of the 1990s and it surprised me when we couldn't find it." They even hired an ex-FBI agent to search for the car, turning up nothing.

Schnatter even went so far as to have a replica of the original 1971Ĺ Camaro Z28 built to emulate the original, though with an upgraded sound system and A/C. Still, Schnatter was unsatisfied and hit the road in search of the car, first offering up a $25,000 reward, then upping the ante to $250,000 when the first sum failed to find the car. Even though many cars of the era have been sent to the crusher, he said he "never gave up hope, I never ever give up on anything. For some reason I didn't think anyone smashed it up."

When Papa John stopped off in Houston in search of the car he took me for a drive. All Schnatter could talk about was that original car, telling me:

"It had the split-bumper, sunroof, BF Goodrich tires with steel wheels, I swapped out the rear end with a Positrac differential - and now the speedometer reads 10 MPH over the actual speed. It had a velvet interior, unlike the vinyl one in this car, it didn't have A/C, and the ash tray in back is falling off."

These were helpful clues, but there was something else that struck us. He told the tale of watching the car drive away or, rather, about being unable to because he was so sad.

And this is where Jalopnik readers come in. After first hearing about the search on television, the Slones of Indiana found our original story and the details sounded familiar so they reached out to us on our Facebook page where our Commenter admin Al Navarro noticed it.

Their story of a young man selling his car, unable to watch it go, instantly struck me as familiar to what John himself had told me in the car. After confirming some details it was clear this was the car so we contacted Papa John's people and let them know.

Sadly for the Slones, they'd sold the car to Jeff Robinson of Flatwoods, Kentucky. Fortunately for them, John has extended an offer of a finder's fee of $25,000 to the family for helping out with the tip. And fortunately for everyone, Jeff considered building a more tame street version of his Z28 so he kept many of the original parts, which helped them identify the car.

So how did the car go so long without being found? There are two reasons. First, the original sale occurred just across the border in Indiana, where there was no electronic record kept of sales transactions at the time. Second, the car was not a 1972 as remembered by John, but actually a 1971Ĺ, which is why Robinson didn't believe the car was the right one at first.

And what condition was the car in when John eventually drove out to Flatwoods to pick it up yesterday? Fantastic condition. Jeff had seriously upgraded the motor for drag racing and it was now putting out 825 HP.

According to Robinson it's now "Probably the fastest pizza delivery car in the world, it runs a 9.55 quarter-mile at 141 MPH."



Despite the added power, newer hood and upgraded tires, the Schnatter family loves the car.

"Now there's a big old smile on my face, I like the car, I like the way it drives, it's fast," exclaimed Schnatter. "My wife's a redneck and she loves a muscle car. On one hand I want to put it back the way it was, and on the other hand i like the way he put it back together."

Though he's sad to part with it, Jeff Robinson made out okay.

"Jeff loved the car and he knows I'm going to take car of it and it'll take a special place in the hearts of the people at Papa John's," said John, adding "he was kind enough to sell it for $250,000."

Robinson isn't sure whether or not he'll build another Z28 of that era or try for something else. Either way, Papa John has promised to deliver the motor back if he decides to restore it to stock condition.

In the end, the story of a car that launched a global pizza empire has a happy ending not only for the young enthusiast who bravely parted with his dream car to pursue a different dream, but for another car enthusiast who was lucky enough to treat the car well. And really, isn't that what Jalopnik is all about?
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« Reply #9 on: November 14, 2012, 11:30:53 AM »

God forbid he actually absorbs the cost and makes a fraction less money than he does now, and all of his workers have health coverage.

That's why I hate fucking  republicans, they would kill their mother rather than actually LOSE money,no matter how insignificant the sum... it's the ONLY thing that matters, foreign policy, domestic policy, religion, the environment...they could give a flying fuck....Just don't touch my fucking money.
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« Reply #10 on: November 14, 2012, 11:33:04 AM »

It sounds like an excuse for him to raise prices and lay off workers.

Bingo! Big fat giant corporations always want more to stabilize themselves and continue to dominate the market. To avoid any type of "bad" publicity, these corporations will find any scapegoat to make themselves look like the "good guy" in the public's view. Think about it, why does he only mention about raising pizza prices, or lay off workers? Why doesn't he talk about all the god damn tax exempts, he has up his sleeve. Why doesn't he talk about how much his net worth is. Why doesn't he talk about about spending hundred of millions for superbowl commercial rather than invest that into his employees? This my friend is greed of business and the ugly side behind the scenes of their operations!
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« Reply #11 on: November 14, 2012, 11:33:42 AM »

The guy who built a one off replica!

Those things are not cheap!
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« Reply #12 on: November 14, 2012, 11:35:51 AM »

Papa John's International Inc. said its net income for the second quarter, ended June 24, rose to $14.6 million, or 61 cents per share, diluted, from $12.1 million, or 47 cents per share, diluted, a year earlier.

They're making $50+ million a year in net income.
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« Reply #13 on: November 14, 2012, 11:38:23 AM »

Yuck to pizza chains Lips sealed
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« Reply #14 on: November 14, 2012, 11:40:26 AM »

Looks like a nice gentleman.
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« Reply #15 on: November 14, 2012, 11:44:55 AM »

It's easy to guess that Dominos or Pizza Hut are behind this smear campaign.  It may suck as pizza but blows Dominos and Pizza Hut out the water.

Over all nothing beats good fucking NY Pizza.
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« Reply #16 on: November 14, 2012, 11:46:19 AM »

"The story really begins in 1983, when Papa John Schnatter's father was on the verge of closing his tavern because of a bankruptcy. Faced with few choices, Papa John sold the only asset he had to his name: A Bumblebee-striped black-and-gold 1971Ĺ Chevy Camaro Z28."

Love how people fail to mention this part. Guy took a huge risk and made it. Deserves every penny he makes.  
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« Reply #17 on: November 14, 2012, 11:48:28 AM »

It's easy to guess that Dominos or Pizza Hut are behind this smear campaign.  It may suck as pizza but blows Dominos and Pizza Hut out the water.

Over all nothing beats good fucking NY Pizza.
bain capital/mitt romney owns dominoes smart guy....
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« Reply #18 on: November 14, 2012, 11:51:31 AM »

Papa John's Obamacare Costs Are Far Less Than Price Of Free Pizza Giveaway





News flash to Papa Johnís CEO John Schnatter: Obamacare isnít the only thing costing your business money.

The pizza chain head has made his views on the Affordable Care Act clear in recent months, claiming the new health care law will cost his business about $5 to $8 million per year. To compensate Schnatter's said he will likely raise pizza prices and cut back some workersí hours so he doesnít have to insure them.

Caleb Melby of Forbes has graciously done the math on Obamacareís cost to Papa Johnís and according to his analysis, to cover the cost of Obamacare, the pizza chain would have to raise prices by 3.4 to 4.6 cents per pie -- way less than the 11 to 14 cents Schnatter claims he needs.

And there are other changes the chain could make to save some money, Melby notes, like not giving away 2 million pizzas for free at a cost of between $24 and $32 million to the company, for example.


http://www.forbes.com/sites/calebmelby/2012/11/12/breaking-down-centi-millionaire-papa-john-schnatters-obamacare-math/

Slight difference you commy puke... one is by choice and a marketing idea to generate future revenue... and one is being forced on them and will generate nothing but headaches... you guess which is which. I know for you libs facts are unimportant.
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« Reply #19 on: November 14, 2012, 11:52:38 AM »

Though you found out he uses horse semen or something nasty in his sauce.  This story is boring. Angry

x2

who cares if he raises prices, does he have a monopoly on selling pizza or something?
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« Reply #20 on: November 14, 2012, 12:02:15 PM »

The solution sure does sound simple.

If it is indeed that simple, why doesn't Papa John simply increase the price slightly, get healthcare, and reap the positive whirlwind of publicity and goodwill?

Surely his current position is not a good business move (if the article is accurate).

Does anyone suspect there might be more to this story?
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The answer is "yes".
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« Reply #21 on: November 14, 2012, 12:06:00 PM »

Pizza parlor of Peace  Roll Eyes
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« Reply #22 on: November 14, 2012, 12:11:06 PM »

he wouldn't have this problem if he didn't pay his taxes.  He'd make alot more.  He does have choices.
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« Reply #23 on: November 14, 2012, 12:13:00 PM »

Slight difference you commy puke... one is by choice and a marketing idea to generate future revenue... and one is being forced on them and will generate nothing but headaches... you guess which is which. I know for you libs facts are unimportant.

Agenda23
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« Reply #24 on: November 14, 2012, 12:18:03 PM »

Am I the only person who doesn't think that 14 cents a pizza is a huge deal?

Not to mention this the SAME guy WHO LIVES IN A CASTLE!!!!!!

Not a shitty LITTLE MANSION!!! A MOTHERFUCKING CASTLE!!!!

Fucker has a batcave and a moat!

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