Date Posted: February 01, 2011
VANCOUVER, Wash. – February 1, 2011 – Papa Murphy’s International today announced that Forbes magazine has ranked the take ‘n’ bake pizza chain #5 on its list of top 20 brand-name U.S. franchises. In partnership with Robert Bond, publisher of Bond’s Franchising Guides and chief executive of the World Franchising Network, a franchise database, Forbes researched the 100 most recognized franchise operators and found 20 that deliver “the best bang for a franchisee’s investment buck.” Papa Murphy’s ended 2010 with over 600 franchisees in 37 states and Canada and now boasts over 1,250 locations.
Long-time Papa Murphy’s franchisee reflects on his desire to join the chain nearly a dozen years ago. “This concept was different, this concept was unique,” he said. “It offered a lot of the things to run a business that were a little simpler, a little less complicated, and it’s a brand that just gets people excited!”
Forbes methodology took into account four variables: estimated minimum initial investment; total locations; survival rates; and the number of training hours offered to new franchisees measured against the start-up cost. Forbes tallied each franchisor’s performance on each variable and summed the figures to create the rank-ordered list. A complete list of results can be found on www.forbes.com. For information on Papa Murphy’s franchising opportunities, call 800-257-7272 or visit www.papamurphysfranchise.com.
About Papa Murphy’s
Papa Murphy’s is the fifth-largest pizza chain in the country and the pioneer and leader of the take ‘n’ bake pizza segment. Papa Murphy’s operates over 1,200 franchised and corporate-owned locations in 37 states and Canada. The Vancouver, Wash.-based company offers custom-made pizzas featuring high-quality, fresh toppings generously layered on pizza dough that is made fresh each morning in each store. By baking Papa Murphy’s pizzas at home, customers get to experience the home-baked aroma of a convenient, delicious meal that the brand is known for. In addition to handmade pizzas, the company offers a growing menu of take ‘n’ bake items, including Cheesy Bread, Cinnamon Wheels, and chocolate chip cookie dough. Papa Murphy’s was recently voted “#1 Rated Pizza Chain” by surveyors in Zagat Survey’s 2010 Fast Food Survey and is a four-time recipient ofPizza Today’s Chain of the Year award.