Papa Ray’s Franchise FDD, Profits & Costs (2025)
Papa Ray’s Pizza & Wings is a rapidly expanding franchise that originated in 2009 in the Chicago area, founded by brothers John and George Rayyan. Based in Chicago, Illinois, the brand offers dine-in, carry-out, and delivery services throughout the region and officially started franchising in 2014.
The franchise is known for its bold-flavored pizzas, freshly prepared wings, rib tips, creamy mac and cheese, and its signature “Monster Slice” — a massive 12-inch pizza slice topped with premium ingredients and baked in traditional deck ovens instead of conveyor belts.
What sets Papa Ray’s apart from conventional pizza chains is its focus on both quality and value. The brand uses fresh dough, house-made sauce, and quality toppings, while its deck-oven cooking method, late-night service, and generous portion sizes make it a favorite among customers looking for an authentic and satisfying pizza experience.
Initial Investment
How much does it cost to start a Papa Ray’s franchise? It costs on average between $214,000 – $464,000 to start a Papa Ray’s franchised restaurant.
This includes expenses related to build-out, kitchen equipment, initial inventory, and early operating costs. The total investment for a Papa Ray’s Pizza & Wings franchise can vary based on several factors, such as the restaurant format, geographic location, and whether the franchisee decides to lease or buy the premises.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $30,000 |
| Travel and Living Costs while Training | $2,000 – $10,000 |
| Lease Security Deposit and Rent (1st 3 months) | $4,000 – $16,000 |
| Leasehold Improvements | $30,000 – $60,000 |
| Equipment, Signage, Furniture, and Fixtures | $57,500 – $143,750 |
| POS Computer Systems | $12,330 – $25,330 |
| Initial Inventory and Supplies | $10,000 – $19,000 |
| Utility Deposits | $2,000 – $4,000 |
| Insurance | $900 – $16,000 |
| Miscellaneous Pre-Opening Expenses | $10,000 – $30,000 |
| Grand Opening Advertising | $15,000 – $30,000 |
| Additional Funds (1st 3 months) | $40,000 – $80,000 |
| Total Estimated Initial Investment | $213,730 – $464,080 |
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Frequently Asked Questions
How many Papa Ray’s locations are there?
As of the latest data, Papa Ray’s Pizza & Wings operates 5 franchised locations.
What is the total investment required to open a Papa Ray’s franchise?
The total investment required to open a Papa Ray’s franchise ranges from $214,000 to $464,000.
What are the ongoing fees for a Papa Ray’s franchise?
Papa Ray’s Pizza & Wings franchisees are required to pay a royalty fee of 5% of gross sales. In addition to that, franchisees pay a marketing/advertising fee, which is generally 2% of monthly sales
Who owns Papa Ray’s?
Papa Ray’s Pizza & Wings franchise is owned by brothers John and George Rayyan, who founded the brand in 2009 in the Chicago area.
Disclaimer
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