Established Papa Murphy's Business for Sale in Sterling, CO

Logan County, CO

Established Papa Murphy's Business for Sale in Sterling, CO

Asking Price:$408,000

Cash Flow:N/A

Gross Revenue:$473,289




Rate/Sq. Ft.:N/A


Established Papa Murphy's Business for Sale in Sterling, CO

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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

Real Estate:
Building Sq. Ft.:
Lease Expiration:
Currently ending the 2017 year of the lease, in the first year of the first 5 Year Extension. There are 1/2 years remaining in the current lease including the second 5 Year Extension. Lease increases $50 per year through the end of the lease and the extensions. Current base rent: $1221 per month Current total rent: $1221 per month Total rent includes all CAM charges. It is in the best interest of the new owner to renegotiate a lease starting at a much lower rate per month and increasing every year.
The store opened in year 2007, and is located on the busy Main Street in Sterling. The building is anchored by the Drivers Motor Vehicles and Culligan Water. Our building is a free standing building. Household density, average income, and traffic are all very good. Key employers closest to the store are Dairy Queen and any place along Main Street.
Growth & Expansion:
The Colorado-Denver market already has a total of 40+ stores in the area. Meaning there is a strong brand presence but still plenty opportunities for growth. Papa Murphy's has 12 stores open for new store development. Purchasing an already established business with strong brand recognition and growth potential is very promising. With a large population of 4,250,052 people there are plenty of existing and potential customers left to reach.
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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