Established Papa Murphy's Business for Sale in Hagerstown, MD

Northern, MD (Washington County)

Seller Financing Available
Established Papa Murphy's Business for Sale in Hagerstown, MD

Asking Price:$100,000

Cash Flow:$8,379

Gross Revenue:$323,858





Established Papa Murphy's Business for Sale in Hagerstown, MD

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Business Description

Fresh made. Fresh baked. Fresh pizza - They come in early to make their dough from scratch, grate their 100% whole-milk mozzarella every day, and hand slice their veggies.

Handmade fresh since 1981. The Papa Murphy's concept of "take-n-bake" pizza began in 1981. Today they continue to focus on what has made Papa Murphy's the fifth-largest pizza company in the United States and the #1-Rated Restaurant Chain*:

Every Papa Murphy's pizza is built to perfection with exactly what the customer wants. Customers select the type of crust and their favorite fresh ingredients. They make your pizza by hand in a matter of minutes. Then you take it home, pop it in the oven, and serve it fresh to your family.

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Detailed Information

Currently, nearing the middle of the 6th year f the lease, in the first year of the first Five Year Extension. There are 9.5 years remaining in the current lease, including the second Five Year Extension. Lease increases 3% per year through the end of the lease and all extensions. Current base rent: $2086 Current total rent: $2450 Total rent includes CAM charges and property taxes.
The store opened in December 2010, and is located is a busy retail are of Northwest Hagerstown. The center is anchored by CVS and Auto Zone. The corner that the center sits on has the highest traffic counts of any in Washington County. The trade area also has a Sheetz, Martin’s and Food Lion stores. The site is approximately 1850 square feet, with a Quizno’s next door.
Growth & Expansion:
This owner has two stores up for sale and can be purchased as a package. Both stores are 35 miles apart from one another so it would be possible for owner/operator to keep up with both locations at a time. Both are neighboring cities (Frederick/Hagerstown) and are the only two Papa Murphy's stores operating in the area.
Support & Training:
Papa Murphy's offers extensive training for new franchise owners, including in-store skill training and structured classroom training at our headquarters in Vancouver, Washington. The marketing department is responsible for helping each owner to develop a high-impact grand opening plan and a national print advertising campaign along with continuous local store marketing. On-going operational support is critical to our company’s success so each franchise owner has the assurance that they have a Director of Franchise Operations that is dedicated to ensuring they have all the tools and knowledge to operate their business to the best of their ability.
This business is an established franchise

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Taylor Hernandez

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Taylor Hernandez

Franchise Performance Group

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