Papa Murphy’s Franchise Prices, Charges, Revenues, Earnings (2023 Assessment)

On this unique Franchise Chatter FDD Discuss submit, you’ll study the next:

Part I – Estimated preliminary funding (franchise prices) for a Papa Murphy’s franchise, based mostly on Merchandise 7 of the corporate’s 2023 FDD

Part II – Preliminary franchise payment, royalty payment, and advertising payment for a Papa Murphy’s franchise, based mostly on Gadgets 5 and 6 of the corporate’s 2023 FDD

Part III – Variety of franchised and company-owned Papa Murphy’s retailers initially of the 12 months and the top of the 12 months for 2020, 2021, and 2022, based mostly on Merchandise 20 of the corporate’s 2023 FDD

Part IV – Information updates on the Papa Murphy’s franchise alternative

Part V – Presentation and evaluation of Papa Murphy’s monetary efficiency representations (common revenues and/or earnings), based mostly on Merchandise 19 of the corporate’s 2023 FDD, together with data on the:

• 2022, 2021, and 2020 common, median, highest, and lowest internet gross sales for the home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops that have been open and working for the entire trailing 52 weeks ending on the final day of the relevant fiscal 12 months, in addition to the typical internet gross sales of the very best 10% and lowest 10%

• 2022, 2021, and 2020 common, median, highest, and lowest internet gross sales for the home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops (West) that have been open and working for the entire trailing 52 weeks ending on the final day of the relevant fiscal 12 months, in addition to the typical internet gross sales of the very best 10% and lowest 10%

• 2022, 2021, and 2020 common, median, highest, and lowest internet gross sales for the home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops (Central) that have been open and working for the entire trailing 52 weeks ending on the final day of the relevant fiscal 12 months, in addition to the typical internet gross sales of the very best 10% and lowest 10%

• 2022, 2021, and 2020 common, median, highest, and lowest internet gross sales for the home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops (East) that have been open and working for the entire trailing 52 weeks ending on the final day of the relevant fiscal 12 months, in addition to the typical internet gross sales of the very best 10% and lowest 10%

Part VI – Key ratios, comparables, computations, and analyses for the Papa Murphy’s franchise alternative (unique content material for Platinum subscribers)

Part I – Papa Murphy’s Franchise Prices

• Franchise Price:  $25,000
• Lease and Utilities Deposits and Funds:  $2,500 to $6,000
• Leasehold Enhancements:  $91,015 to $201,969
• Indicators:  $7,500 to $11,500
• Stamped Architectural Drawings:  $6,250 to $9,350
• As Constructed Survey:  $2,500 to $3,700
• Opening Package deal (together with Tools and Provides), Decor, Cupboards, Level-of-Sale System, and Smallwares:  $134,344 to $198,139
• Miscellaneous Growth Service Charges:  $0 to $1,270
• Stock:  $5,000 to $7,000
• Preliminary Advertising Charges and Bills – 6 Months:  $15,000
• Franchise Premises Hire – 3 Months:  $9,000 to $11,700
• Supplies and Provides:  $500 to $2,000
• Operations In-Retailer Coaching, Enterprise Answer Coaching, and Foundations Class:  $0 to $750
• Journey and Residing Bills for In-Retailer Compatibility Examine, Operations In-Retailer Coaching, Enterprise Options Coaching, and Foundations Class:  $1,180 to $9,305
• Worker Coaching:  $500 to $1,500
• Insurance coverage – 3 Months:  $375 to $1,175
• Bookkeeping/Payroll Service – 3 Months:  $825 to $1,800
• Further Funds, Working Capital, and Miscellaneous Bills – 3 Months:  $10,000 to $50,000
• Whole Estimated Papa Murphy’s Franchise Prices:  $323,757 to $578,163

Part II – Papa Murphy’s Preliminary Franchise Price, Royalty Price, and Advertising Price

• Franchise Price:  $25,000
• Royalty Price:  5% of weekly Internet Gross sales
• Model Advertising Price:  2% of weekly Internet Gross sales
• Native Advertising and Promotion and Regional Cooperative Promoting:  minimal of the larger of 5% of Internet Gross sales or $2,000 throughout every month

Part III – Variety of Franchised and Firm-Owned Papa Murphy’s Shops

Franchised

2020

• Shops on the Begin of the 12 months:  1,256
• Shops on the Finish of the 12 months:  1,231
• Internet Change:  -25

2021

• Shops on the Begin of the 12 months:  1,231
• Shops on the Finish of the 12 months:  1,212
• Internet Change:  -19

2022

• Shops on the Begin of the 12 months:  1,212
• Shops on the Finish of the 12 months:  1,145
• Internet Change:  -67

Firm-Owned

2020

• Shops on the Begin of the 12 months:  74
• Shops on the Finish of the 12 months:  58
• Internet Change:  -16

2021

• Shops on the Begin of the 12 months:  58
• Shops on the Finish of the 12 months:  27
• Internet Change:  -31

2022

• Shops on the Begin of the 12 months:  27
• Shops on the Finish of the 12 months:  23
• Internet Change:  -4

Part IV – Information Updates on the Papa Murphy’s Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Earnings) for the Papa Murphy’s Franchise (Merchandise 19, 2023 FDD)

Franchise Retailer Efficiency

• As of September 26, 2022, there have been 1,102 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops open. As of September 27, 2021, there have been 1,121 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops open. As of September 28, 2020, there have been 1,162 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops open.

• The statements on this Franchise Retailer Efficiency part are based mostly on data reported by:

• (i) the 1,102 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops that have been open and working for the entire trailing 52 weeks ending on September 26, 2022 (collectively referred to herein as “2022 Franchise Shops”). All 1,102 2022 Franchise Shops supply considerably the identical menu and product combine that your Franchised Retailer will supply; and

• (ii) the 1,121 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops that have been open and working for the entire trailing 52 weeks ending on September 27, 2021 (collectively referred to herein as “2021 Franchise Shops”). All 1,121 2021 Franchise Shops supply considerably the identical menu and product combine that your Franchised Retailer will supply; and

• (iii) the 1,162 home franchise-owned Papa Murphy’s Take ‘N’ Bake Pizza shops that have been open and working for the entire trailing 52 weeks ending on September 28, 2020 (collectively referred to herein as “2020 Franchise Shops”). All 1,162 2020 Franchise Shops supply considerably the identical menu and product combine that your Franchised Retailer will supply.

Half 1 – All Franchise Shops

2022

• Variety of Franchised Shops:  1,102
• Highest Internet Gross sales:  $2,462,983
• Lowest Internet Gross sales:  $132,039
• Common Internet Gross sales:  $666,663
• Variety of Shops Exceeding Common Internet Gross sales:  447
• Proportion of Shops Exceeding Common Internet Gross sales:  40.6%
• Median Internet Gross sales:  $593,609
• Common Internet Gross sales of Highest 10% (110 Shops):  $1,384,276
• Common Internet Gross sales of Lowest 10% (110 Shops):  $273,615

2021

• Variety of Franchised Shops:  1,121
• Highest Internet Gross sales:  $2,502,426
• Lowest Internet Gross sales:  $145,370
• Common Internet Gross sales:  $661,658
• Variety of Shops Exceeding Common Internet Gross sales:  454
• Proportion of Shops Exceeding Common Internet Gross sales:  40.5%
• Median Internet Gross sales:  $583,674
• Common Internet Gross sales of Highest 10% (112 Shops):  $1,385,420
• Common Internet Gross sales of Lowest 10% (112 Shops):  $276,614

2020

• Variety of Franchised Shops:  1,162
• Highest Internet Gross sales:  $2,323,824
• Lowest Internet Gross sales:  $140,648
• Common Internet Gross sales:  $611,058
• Variety of Shops Exceeding Common Internet Gross sales:  480
• Proportion of Shops Exceeding Common Internet Gross sales:  41.3%
• Median Internet Gross sales:  $526,855
• Common Internet Gross sales of Highest 10% (116 Shops):  $1,280,849
• Common Internet Gross sales of Lowest 10% (116 Shops):  $252,286

Half 2 – Franchise Shops – West

• Franchise Shops – West embrace shops situated in Alaska, California, Hawaii, Idaho, Nevada, Oregon, and Washington.

2022

• Variety of Franchised Shops:  450
• Highest Internet Gross sales:  $2,462,983
• Lowest Internet Gross sales:  $142,287
• Common Internet Gross sales:  $846,929
• Variety of Shops Exceeding Common Internet Gross sales:  195
• Proportion of Shops Exceeding Common Internet Gross sales:  43.3%
• Median Internet Gross sales:  $789,676
• Common Internet Gross sales of Highest 10% (45 Shops):  $1,622,224
• Common Internet Gross sales of Lowest 10% (45 Shops):  $338,044

2021

• Variety of Franchised Shops:  445
• Highest Internet Gross sales:  $2,502,426
• Lowest Internet Gross sales:  $165,935
• Common Internet Gross sales:  $847,082
• Variety of Shops Exceeding Common Internet Gross sales:  198
• Proportion of Shops Exceeding Common Internet Gross sales:  44.5%
• Median Internet Gross sales:  $777,974
• Common Internet Gross sales of Highest 10% (44 Shops):  $1,629,297
• Common Internet Gross sales of Lowest 10% (44 Shops):  $334,707

2020

• Variety of Franchised Shops:  432
• Highest Internet Gross sales:  $2,323,824
• Lowest Internet Gross sales:  $140,648
• Common Internet Gross sales:  $792,350
• Variety of Shops Exceeding Common Internet Gross sales:  188
• Proportion of Shops Exceeding Common Internet Gross sales:  43.5%
• Median Internet Gross sales:  $723,234
• Common Internet Gross sales of Highest 10% (43 Shops):  $1,526,738
• Common Internet Gross sales of Lowest 10% (43 Shops):  $313,808

Half 3 – Franchise Shops – Central

• Franchise Shops – Central embrace shops situated in Arizona, Colorado, Kansas, Louisiana, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah, and Wyoming.

2022

• Variety of Franchised Shops:  399
• Highest Internet Gross sales:  $1,454,038
• Lowest Internet Gross sales:  $132,039
• Common Internet Gross sales:  $601,171
• Variety of Shops Exceeding Common Internet Gross sales:  169
• Proportion of Shops Exceeding Common Internet Gross sales:  42.4%
• Median Internet Gross sales:  $546,584
• Common Internet Gross sales of Highest 10% (39 Shops):  $1,078,308
• Common Internet Gross sales of Lowest 10% (39 Shops):  $291,591

2021

• Variety of Franchised Shops:  413
• Highest Internet Gross sales:  $1,498,757
• Lowest Internet Gross sales:  $145,370
• Common Internet Gross sales:  $592,975
• Variety of Shops Exceeding Common Internet Gross sales:  172
• Proportion of Shops Exceeding Common Internet Gross sales:  41.6%
• Median Internet Gross sales:  $534,787
• Common Internet Gross sales of Highest 10% (41 Shops):  $1,078,139
• Common Internet Gross sales of Lowest 10% (41 Shops):  $286,690

2020

• Variety of Franchised Shops:  436
• Highest Internet Gross sales:  $1,391,119
• Lowest Internet Gross sales:  $149,901
• Common Internet Gross sales:  $560,528
• Variety of Shops Exceeding Common Internet Gross sales:  176
• Proportion of Shops Exceeding Common Internet Gross sales:  40.4%
• Median Internet Gross sales:  $504,979
• Common Internet Gross sales of Highest 10% (43 Shops):  $1,003,686
• Common Internet Gross sales of Lowest 10% (43 Shops):  $272,856

Half 4 – Franchise Shops – East

• Franchise Shops – East embrace shops situated in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Virginia, and Wisconsin.

2022

• Variety of Franchised Shops:  253
• Highest Internet Gross sales:  $1,099,624
• Lowest Internet Gross sales:  $136,163
• Common Internet Gross sales:  $449,317
• Variety of Shops Exceeding Common Internet Gross sales:  111
• Proportion of Shops Exceeding Common Internet Gross sales:  43.9%
• Median Internet Gross sales:  $429,538
• Common Internet Gross sales of Highest 10% (25 Shops):  $770,565
• Common Internet Gross sales of Lowest 10% (25 Shops):  $217,921

2021

• Variety of Franchised Shops:  263
• Highest Internet Gross sales:  $1,032,667
• Lowest Internet Gross sales:  $160,624
• Common Internet Gross sales:  $455,773
• Variety of Shops Exceeding Common Internet Gross sales:  115
• Proportion of Shops Exceeding Common Internet Gross sales:  43.7%
• Median Internet Gross sales:  $440,725
• Common Internet Gross sales of Highest 10% (26 Shops):  $765,266
• Common Internet Gross sales of Lowest 10% (26 Shops):  $226,895

2020

• Variety of Franchised Shops:  294
• Highest Internet Gross sales:  $1,004,826
• Lowest Internet Gross sales:  $141,675
• Common Internet Gross sales:  $419,607
• Variety of Shops Exceeding Common Internet Gross sales:  131
• Proportion of Shops Exceeding Common Internet Gross sales:  44.6%
• Median Internet Gross sales:  $401,406
• Common Internet Gross sales of Highest 10% (29 Shops):  $720,035
• Common Internet Gross sales of Lowest 10% (29 Shops):  $201,914

• Some Papa Murphy’s Take ‘N’ Bake Shops have earned this quantity. Your particular person outcomes might differ. There isn’t a assurance that you’ll earn as a lot.

Part VI – Papa Murphy’s Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️