Fox News
Expand
Browse All Video
Watch Live

You're watching...

ObamaCare costing Papa John's more 'dough'

Details

  • Description

    Health care law pushing up pizza prices

  • Duration 4:00
  • Date

Clips

Also in this playlist...

Latest News

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Seems like pizza get ready to cough up some more dull especially at Papa John's the CEO of the nation's third largest pizza chain.

Says once the president's health care law takes effect they'll be charging up to fourteen cents more per pizza just so he can keep up with the cost of having to provide.

Health care insurance to more employees.

But the corporation is not the only one feeling the effects of Obama care.

Our next -- the -- of three Papa -- franchises and said the law is a bust for her business.

Judy Nichols joins us right now from Houston Judy Mauritania.

-- -- -- -- you have had -- prosperous business down there in the Houston area you get three locations you got to just under a hundred employees.

Tell me about your plans for expansion that you had.

Well our our three restaurants are doing well so it was time for us to.

Expand our business we purchased a piece of property and went into debt for that.

We've bought blue trends we trained -- supervisor and the general manager in the assistant manager staff we invested close to 200000 dollars -- getting ready to open this.

Restaurant because.

Most of the indicator said that the affordable.

Health care act wasn't going to make it through the courts as it was written right so I moved forward with my plans to grow.

And now that it's a reality.

And you will wind up with a penalty of 2000.

Dollars per employee if you because you've got over -- fifty employees.

What are you gonna do.

Well I'm right currently at the fifty employee full time equivalent level.

So what you're right any additional employee I add ads at 2000 dollar per new team member attack so I can't even increase my sales and my current three restaurants and comp sales are very important to business -- in the chaos of this lot delivers and makes it very very difficult to operate a business because business does not like chaos that we like order -- we like efficiencies.

I am required to educate my team on and the health exchanges and I need to educate my team on how to serve our guests better act has just.

It's it's demanding so much from me and that.

I don't know -- -- job producer by trade that's what I do you do news I do -- I do jobs tour and I just I don't know what to do now I feel unemployed.

Well -- and you were planning to expand to a fourth location and provide more jobs but because of the Affordable Care Act you're not going to be able to do that.

I get the feel I.

I can't the math isn't there are actually -- -- 75 team members at some additional 150000.

Dollar a year tax I would have to pay.

I can't overcome that with opening expenses I I want to alive I'm ready to look I just -- mathematically.

Do it and I'm frustrated.

Right and Judy exit question a couple of a couple of weeks ago when the president was in Roanoke Virginia and he said -- if you've got a business you didn't build that.

That because essentially saying the government was your partner.

Do you remember the government -- -- a good partner for your business.

Well as Steve I am the government we the people are the government might taxes -- those roads that my pizzas were delivered on.

As well as yours dead you know and we the people need to come together.

And we need a president that'll bring us together and I hope if reelected.

President Obama will get better at that he he needs to learn to get better at that and a -- -- -- Romney gets elected I hope that bringing us together as Americans as one of his major goals as well.

Right well thank you very much for joining us for this little of pizzas summit right here Judy if thanks -- -- franchisee again he's -- you -- thank you very much him.

Not thanks for having me -- -- and the loss of a restaurant and a fifty team members we can't our -- that we appreciate you giving us voice and we appreciate you getting up and telling your story Ari.

Load More