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12 Sep, 2017

PAPA MURPHY’S FRANCHISE

 

Papa Murphy’s franchise specializes in producing and distributing high quality pizzas. Its brand name has been recognized internationally due to superior pizzas it is producing. You can order pizza through the phone and it is brought to your office or residence. Pizzas can also be ordered online. Unlike other pizzas making restaurants, the pizzas are baked and prepared in different stores. The clients bake pizzas at their residential places when they want. Pizzas are made using superior ingredients such as cheeses, butter and raw milk. The pizzas are served with beef, sausages, tomatoes and other fresh aroma. Papa Murphy’s franchise also serves beverages, bread and chocolates.

The company has a strong customer and market bases. The franchise is affordable and easy to operate since there is no experience needed. Unlike other franchising business, it requires low investment to establish. The tools and equipments used are relatively cheap. Ovens are not required because the consumers bake the pizzas on their ovens. The designing, layout and construction expenses of dining room are saved. Little space is required to establish restaurant. To purchase Papa Murphy’s franchise, total investment of $195,655-$380,225 is required. To use company’s expertise and trading methods, fee of $25,000 is needed. Royalty of 5% of gross profits made is paid on monthly basis. You should have net worth of $$250,000 and liquid cash of $80,000 to open a restaurant. The franchisor does not offer financial assistance to the franchisee. Most of the franchises are owned and operated by its franchisees. Each restaurant is operated by 10-11 staff but this depends on the size of the franchise. The franchisees are expected to operate the franchise on full-time basis. The term expires after 10 years but it can be renewed.

 

Papa Murphy’s franchise offers assistance to its franchisees. This is to ensure that the franchisee’s business is successful. The franchisee undergoes training program for a period of 6 weeks. The franchisee is trained managerial and administrative roles. He or she is trained how to prepare high quality pizzas. The franchisee is given newsletters that contain information about new services and products offered. His or her staff members are trained during field evaluations. His or her business is advertised and promoted to gain recognition. Advertisements are done through media. Market research is conducted information about new market outlets, services and strategies supplied to the franchisees. The franchisor assists the franchisees in selecting potential site for establishing the business. The site is not secure and you are likely to face competition from other franchised business.

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