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Papa Murphy's Franchise Among the Best

Guest post by: Sarah Snyder

Article Overview: Papa Murphy's Named #32 on Coveted Franchise 500 List.

Papa Murphy's Franchise Among the Best

You may be wondering why a take-n-bake pizza place appears in the #32 slot on Entrepreneur Magazine's Top 500 Franchises list, but we don't. That's because we know that Papa Murphy's has a low initial investment, low overhead, a huge fan base and tons of potential for success.

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Article Tags: business opportunities, papa murphys, restaurant franchise



Related Forum Posts
Re: Enticing Franchises - Top 9 List - All Franchise listed above are in millions of dollars. Do you have the list of Franchise in thousands
Re: Info for would be franchisers... - [quote="Sebastien":1d29sdv1]Like Franchise Times, Franchise Update is a very practical magazine. There is no blah blah, just straight facts that anyone in the franchise community can relate to. I just want to mention that all these magazines are NOT franchisee oriented. I mean these magazines are for franchise professionals. If you're looking to buy a franchise, you won't find much information in there. To answer your question, getting published in Franchise Times was fairly easy. I don't want to brag too much but I think I am known in the franchise industry. I was the marketing guy at Franchise.com for a few years before joining my new company, the World Franchising Network. So people know me and I have a very good relationship with Nancy Weingartner, the Managing Editor at Franchise Times. I was talking with her at the last Franchise Expo South in Miami and she mentioned she'd like me to be profiled. I was like "ok, sure!". I like this franchise executive profile thing in Franchise Times as it is rarely BS. People are usually really natural in there.[/quote:1d29sdv1] Thanks for the follow up Sebastien! And I can't say that I'm surprised that networking with the right people and managing your relationships with them properly are the keys to being published. I guess the old adage holds true of "it's not who you know, but who knows you" that's important.
Re: Top Franchises For 2007 - [quote="Evan":3anvjxpw]Entrepreneur came out with a list of the top franchises for 2007. They are: 1. Subway 2. Dunkin' Donuts 3. Jackson Hewitt Tax Service 4. 7-Eleven Inc. 5. UPS Store, The/Mail Boxes Etc. 6. Domino's Pizza LLC 7. Jiffy Lube Int'l. Inc. 8. Sonic Drive In Restaurants 9. McDonald's 10. Papa John's Int'l. Inc. It still seems to be dominated by food companies (70% of the list!) Can non-food companies make it as a successful franchise?[/quote:3anvjxpw] Could be the convenience factor. I live in a reasonably small town, yet we have an unreal number of restaurants and there are so many restaurant franchises. All the food businesses shown in the top 10 are fast food and with Domino's and Papa John's, they even bring dinner to your door. Everyone eats - and more people seem to eat out all the time. Shri
how much for a franchise fee? - Dear Colleague There is no easy answer to this question. Things to consider: [list=] The sizeof the Franchise Clent base Expected Turnover Intellectual Property costs (recoup) Number of Franchises Number of employees Original Set up costs Franchise admin costs An example: A franchise that I was involved in setting was to a simple "lawn mowing/home repair" franchise. The Franchise included national/local advertising - preparation of client lists - general admin - central accounting etc The Franchise involved 300-500 clients - and an annual turnover of about $300,000 . The annual franchise fee was $30,000. Hope that this gives you some idea Take care Ian[/list]
Re: Franchise Surveys - Another good tool to researching a franchise is to speak with their existing franchisees. This contact information is included in most Franchise Disclosure Documents. In order to get a Franchise Disclosure Document or FDD as it is often referred to, you will have to complete a basic franchise application. The franchisor will then usually provide you with the FDD at that time. Included in that book of information is a list of the existing franchisees, the contract, the investment information etc... This information is required by Federal Law to be disclosed to your prior to making a purchase. So be sure to do your research and start with the Franchise Documents to get the initial information.


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