Papa Murphy's Franchise for Sale - Take 'N' Bake Pizza Store
Papa Murphy's Franchise Opportunities
Papa Murphy's franchise offers a take-and-bake pizza concept. Papa Murphy's Take 'N' Bake Pizza franchise provides favorable opportunities for growing. The chain can boast a squad of loyal customers, the group of franchise partners who share common features critical for achieving success and a perfect cost and profit ratio. Before starting a Papa Murphy's take-and-bake pizza franchise, an entrepreneur needs to view the franchise requirements, investment information, and royalty fees. They should also look at the available Papa Murphy's franchise markets for sale. How to buy Papa Murphy's pizza store franchise? Complete the inquiry form and then talk to our sales team who will guide you through all the steps to grand opening.
How to open a Papa Murphy's franchise?
- Ensure you have adequate capitalization.
In order to open Papa Murphy's take and bake pizza franchise, you must have a net-worth of $350,000.
- Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Papa Murphy's franchise owner.
- Assess market availability.
You will want to look at the market availability for Papa Murphy's franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by Papa Murphy's franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Papa Murphy's franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does Papa Murphy's franchise cost?
Papa Murphy's has a franchise fee of $25,000, with a total initial investment range of $296,075 to $534,731.
Initial Investment: $296,075 - $534,731
Net Worth Requirement: $350,000
Liquid Cash Requirement: $125,000
Estimated Initial Investment
|Type Of Expenditure||Low||High|
|Initial Franchise Fee||$25,000||$25,000|
|Lease & Utilities Deposits||$2,500||$6,000|
|Stamped Architectural Drawings||$6,250||$9,350|
|Opening Package (including equipment, decor, POS, smallwares, etc.)||$123,750||$183,550|
|Miscellaneous Development Service Fees||$0||$1,270|
|Initial Advertising Fees & Expenses (6 months)||$30,000||$30,000|
|Franchise Premises Rent (3 months)||$3,090||$10,526|
|Material & Supplies||$500||$2,000|
|Operations Training & Foundations Class||$0||$500|
|Travel & Living Expenses While Training||$3,395||$12,150|
|Insurance (3 months)||$375||$1,175|
|Bookkeeping/Payroll Services (3 months)||$1,500||$1,600|
|Additional Funds, Working Capital, and Miscellaneous Expenses (3 months)||$10,000||$50,000|
* The data in table above, compiled from the Papa Murphy's Franchise Disclosure Document (FDD) 2020, represent the estimated financial range for the initial setting up and first 3 months of operation for a new Papa Murphy's restaurant.
Initial Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
Are you interested in starting Papa Murphy's Franchise in the USA, Canada, Saudi Arabia, the UAE, Egypt, Kuwait, Bahrain, or another country?
We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the Papa Murphy's resale store is around $296,075 to $534,731.
- In Canadian currency, the investment comes around Can$ 354,800 to Can$ 654,600.
- In Saudi Arabia currency, the investment comes around SR 1.05 million to SR 1.94 million.
- In currency of the United Arab Emirates, the investment comes around AED 1.03 million to AED 1.90 million.
- In Egyptian currency, the investment comes around E£4,41 million to E£8,13 million.
- In currency of Kuwait, the investment comes around KWD 84,880 to KWD 156,580.
- In Bahrain currency, the investment comes around BD 105,680 to BD 194,940.
On-The-Job Training: 230 hours
Classroom Training: 40 hours
Number of Employees Required to Run: 10
Papa Murphy's Franchise Info: https://www.papamurphys.com/p/general/franchise
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- Starting investments from:$296,075
- Company type:Store
- Company foundation year:1981
- Year of launching the franchise:1982
- Franchise enterprises:1290
- Corporate Address:8000 N.E. Parkway Dr., #350 Vancouver, WA 98662