Papa Murphy's Take 'N' Bake Pizza
Food & Beverage · Quick-Service Restaurants
- Active units
- 1,119
- Avg unit volume
- $681k
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Papa Murphy's Take 'N' Bake Pizza
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$25k
- Heroes Program
Reduced Franchise Fee for law enforcement officers, medical doctors, nurses, EMTs and fire fighters.
- Store Manager to Ownership Transfer Program
May waive the Transfer Fee and provide other additional incentives for qualified Papa Murphy’s store managers.
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
1,315 – 1,529 sq ft
- Multiple Store Commitment
One Initial Franchise Fee of 25,000 for the first store and a Subsequent Franchise Fee of 15,000 for each additional store; due upon signing; nonrefundable.
- Veteran discount
Military Discount – reduced Franchise Fee for active military and honorably discharged veterans.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations1119
Franchised units open at year-end
- New openings19
Gross new units opened during the calendar year
- 1-year unit growth rate-2.3%
Net unit growth versus prior year
- 3-year unit CAGR-3.9%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$681k
Average Net Sales for all domestic franchised stores for the trailing 52 weeks ending Sept. 25, 2023.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$519k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open7 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.3×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.