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The real numbers on owning a Papa Murphy's franchise
Take-and-bake pizza franchise · FDD 2026 · from public state filings
DDisclosure honesty
This franchisor discloses earnings (Item 19) — but read how.
Investment
$450,330–$693,450
Total fees
7% of sales
Outlets
1,014
Closure signals
0 ceased, 31 terminated
Lawsuits
3
What their own earnings claim actually says
Discloses net sales only (average ~$688K, median ~$618K) by region for 947 stores. No profit, owner income, or expense data disclosed. Omits failed/closed stores from averages, masking declining unit count trend.
Honesty grade D: the disclosed numbers are incomplete or framed to look better than an owner's real take-home.
Failure & turnover reality (Item 20)
System shrank from 1,145 to 965 franchised outlets over three years; 172 net franchised closures 2023-2025.
Legal history (Item 3)
3 matters disclosed.
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The franchisor won't put real owner profit in writing. We do — reconstructed from their own FDD.
Franchisor's framing: Discloses net sales only (average ~$688K, median ~$618K) by region for 947 stores. No profit, o…
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Reconstructed owner P&L — net take-home after royalty, ad fund, rent, labor & debt
Break-even timeline + cash-on-cash ROI on your investment
Full fee stack + required-purchase markups
Decoded real failure / closure rate
How it ranks vs comparable franchises
Validation-call playbook — who to call + the exact questions
The FDD lists a total initial investment of about $450,330–$693,450, including a $25,000 initial franchise fee.
How much do Papa Murphy's franchise owners make?
Discloses net sales only (average ~$688K, median ~$618K) by region for 947 stores. No profit, owner income, or expense data disclosed. Omits failed/closed stores from averages, masking declining unit count trend. We grade this disclosure D for honesty.
What is the Papa Murphy's franchise failure rate?
System shrank from 1,145 to 965 franchised outlets over three years; 172 net franchised closures 2023-2025.
Is a Papa Murphy's franchise worth it?
It depends on the numbers, not the pitch. Papa Murphy's scores D on disclosure honesty, carries about 7% of sales in ongoing fees, and discloses 3 legal matters. Get the real owner take-home before you sign.
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Source: MN CARDS 35626-202603-09 (Clean FDD 2026). FranchiseValidate is independent and not affiliated with Papa Murphy's or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.