Papa Murphy's Business for Sale in Central Indiana

IN

Papa Murphy's Business for Sale in Central Indiana

Asking Price:$100,000

Cash Flow:N/A

Gross Revenue:$282,138

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2014

Papa Murphy's Business for Sale in Central Indiana

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Business Description

Papa Murphy’s pioneered the Take ‘N’Bake pizza business more than 30 years ago, and since that time, we’ve developed a fanatical customer loyalty in 38 states across the country.

Guests are attracted to Papa Murphy’s because of the fresh dough made in store daily, freshly chopped vegetables, premium meats with no fillers, abundant toppings and incredible service!

Franchisees are attracted to Papa Murphy’s because of the low cost of entry, the ease of operations (no cooking, delivery or dining room), limited hours of operations, and strong financial returns.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,375
Lease Expiration:
4/1/2019
Facilities:
Owner relocation creates great opportunity to purchase an almost new Papa Murphy’s for a fraction of the cost of the typical investment. Cost to build a new Papa Murphy’s from scratch ranges between $279k to $492k. This beautiful two year old store utilizes Papa Murphy’s latest store design. Looking brand new with LED lighting throughout, new POS system, and impeccably maintained equipment.
Competition:
Great location! The store is located on the busy Northeast corner of Indianapolis. Incredible traffic counts at the intersection of 71st & Binford. Dense neighborhoods make for the ideal demographics. Strong national co-tenants as well. The new owner will benefit immediately from the 9 months of TV media, the brand awareness established by other local Papa Murphy’s over the last 15 years, and the financial upside as the store continues to grow.
Growth & Expansion:
This offering is a unique opportunity for the right owner/operator to purchase a 2 year old store still on the rise. The average store in Indianapolis has annual sales in excess of $400k. With the right owner focusing on community involvement, this store has all the right characteristics to reach or exceed that average. The market has grown to 31 stores over the last 15 years, but still has considerable more room for additional stores. A total of 17 stores open for new store development to be exact.
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 provided by the Director of Franchise Operations, who lives locally, and is dedicated to ensuring franchisees have all the tools and knowledge to operate their business to the best of their ability.
Reason for Selling:
Due to pending move to the West coast, owner has priced the store to sell quick.
Franchise:
This business is an established franchise

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Taylor Hernandez

Business Listed By:
Taylor Hernandez

Franchise Performance Group

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