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Home > Franchises > Papa Murphy's
Papa Murphy's
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.
Papa Murphy's was established in 1981, and they offered their first franchising in 1982. Their franchisor is a privately-held company with 106 employees and 4 employees in franchise department. In franchise opportunities the costs of options to a Papa Murphy's pizza franchise are less than many comparable franchise opportunities. With limited store hours, no ovens, and a proven franchisee training and support system, Papa Murphy's is one of the easiest franchises to own and operate. The Papa Murphy's Pizza Franchise System provides all the information you need to successfully run the business.
Papa Murphy offers extensive training for new franchise owners, including in-store skill training and structured classroom training at their home office in Vancouver, Washington. Their training department provides classes and workshops to develop and refine manager skills as well as multi-media training programs and materials to effectively train hourly employees.
They have total investment of 181.1 to 272.5 thousand dollars, express and kiosk options are also available with franchise fee of 25 to 15 thousand dollars, ongoing royalty fee of 5 percent, term of agreement of 10 years, which is renewable with a renewal fee of 5 thousand dollars. Their rankings of franchise 500 are 57 in 2006, 49 in 2005, 50 in 2004, 98 in 2003 and 75 in 2002 according to Entrepreneur magazine 2002-2006.
They believe in keeping their business simple and executing the concept consistently. They pride themselves on doing what they do better than anyone else. They are clearly focused on providing the highest quality pizza for the best price to their customers and always strive to improve. They continue to look for new products and procedures to maximize sales and profitability while providing their customers outstanding value. The market demands quality and they strive to give their customers what they demand.
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