What Are My Start-up Costs?
Papa Murphy’s Pizza Franchise Costs
There’s nothing better than turning your dreams of business ownership into reality with an affordable opportunity. That’s what’s in store for Papa Murphy’s franchise owners as we expand our footprint throughout the United States. The total investment to become a franchise owner with Papa Murphy’s ranges from $367,244 – $670,498, depending on multiple factors.
What does it take to become a Papa Murphy’s franchise owner? Our franchise owners are typically fanatical fans of our pizza and loved the brand so much that they wanted to make it a part of their lives. Additionally, Papa Murphy’s franchise owners have business or extensive guest service experience and are very engaged in the day-to-day operations of their business and community. Since our founding, we have prided ourselves on working closely with our franchise owners throughout the startup process to ensure they thrive in business over the long-term.
This is how we will support you in business:
- Ongoing marketing support and training
- Strong back-office support with accounting, work order and estimating software
- Advice on hiring, training and retaining top talent in your market
- Advice on helping you develop career paths for top-performers
- Ongoing financial coaching and business support
- National vendor relationships to keep costs low
- Make franchising affordable with third-party financing
Third-Party Financing Available
While Papa Murphy’s does not offer direct in-house financing for new franchisees, we are committed to supporting entrepreneurs throughout the financial process of starting their Take ‘N’ Bake pizza business. Papa Murphy’s understands that securing funding is a crucial step in realizing the dream of franchise ownership. We have cultivated relationships with various third-party lenders who are familiar with the Papa Murphy’s business model. Our franchise development team works closely with prospective franchisees, guiding them through the loan application process and helping them prepare the necessary documentation. This assistance may include providing industry insights, financial projections, and other relevant information that lenders typically require. By leveraging these established relationships and offering comprehensive support, Papa Murphy’s aims to streamline the financing process for its franchisees, making it easier for them to secure the capital needed to launch their new business venture.
Military Veteran Discounts
Not only does Papa Murphy’s appreciate our military veterans, but we also believe they make phenomenal franchise owners. Their proven ability to work within systems, follow processes, and demonstrate leadership makes them ideal candidates for Papa Murphy’s. Because of this, we offer military veterans a discount on franchise ownership. You can read more about this on our veteran’s page here.
No matter how you slice it, don’t miss out on your chance to bring our fresh pizza opportunity to your community today!
Here’s a breakdown of your expected start-up expenses to launch a new Papa Murphy’s restaurant:
Type of Expenditure | Amount |
---|---|
Franchise Fee | $15,000 - $25,000 |
Lease and Utilities Deposits and Payments | $3,000 - $7,500 |
Leasehold Improvements | $139,000 - $278,000 |
Signs | $9,000 - $25,000 |
Stamped Architectural Drawings | $6,250 - $9,350 |
As Built Survey | $2,500 - $3,700 |
Opening Package (including equipment and supplies, decor, cabinets, point-of-sale system and smallwares) | $150,114 - $220,448 |
Miscellaneous Development Service Fees | $0 - $1,270 |
Inventory | $5,000 - $7,000 |
Initial Marketing Fees and Expenses – 6 months | $15,000 |
Franchise Premises Rent (3 months) | $9,000 - $11,700 |
Material & Supplies | $500 - $2,000 |
Operations In-Store Training. Enterprise Solutions Training and Foundations Class | $0 - $750 |
Travel and Living Expenses for In-Store Compatibility Check, Operations In-Store Training, Enterprise Solutions Training and Foundations Class | $1,180 - $9,305 |
Employee Training | $500 - $1,500 |
Insurance (3 months) | $375 - $1,175 |
Bookkeeping/Payroll Services (3 months) | $825- $1,800 |
Additional Funds, Working Capital, and Miscellaneous Expenses (3 months) | $10,000 - $50,000 |
Total Estimated Initial Investment | $367,244 - $670,498 |
For a more in-depth look at costs and fees associated with opening a new Papa Murphy’s franchise, please review Item 7 from our most recent FDD.
Bring a Take ‘N’ Bake Pizza Franchise to Your Community
A Papa Murphy’s pizza franchise costs present an investment opportunity offering high growth potential. Join this dynamic brand as we expand our footprint across the United States. Initial investment costs range from $367,244 – $670,498, depending on numerous factors, including geographic areas, condition of the premises and construction costs. We have grown to more than 1,100 locations thanks to a business model built for entrepreneurs who are passionate about making a difference in their community, bringing families together, and most of all – pizza.