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Step 1
Attend a franchise seminar. Before you buy a Papa Murphy's pizza franchise, you should plan to attend a franchise seminar held by the company. There you'll find out the exact qualifications you need to start up your own Papa Murphy's store, and learn what it takes to make it a success.
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Step 2
Find a suitable location. Before investing any money, it's crucial that you research the area where you plan to open your store. You want to make sure that the market can support your Papa Murphy's and that it isn't already saturated with similar establishments. The parent company can help you crunch the numbers, and can recommend an area that's suitable for you.
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Step 3
Meet the qualifications. There are certain things that you must do before you're allowed to buy a Papa Murphy's pizza franchise. You must commit to being a full-time owner/operator and have the necessary funds to open up a store. This is typically around $200,000 to $300,000, and Papa Murphy's requires that you have a net worth of at least $250,000, with liquid assets of $80,000.
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Step 4
Complete the necessary training. The last step to buying a Papa Murphy's franchise is to undergo extensive training that will educate you on the skills necessary to run your business successfully. You'll also learn how to do marketing campaigns during this time.
Comments
jadedragoninbc said
on 11/9/2009 Seems like this article is straight advertising and therefore against terms of use. But hey, it is put up by the company so what do I know?
theseanman66 said
on 4/18/2008 Anyone with a "Love for Pizza" wouldn't touch Papa Murphy's with a ten-foot pole. Better to save the franchise fee and learn how REAL pizza is made. Then open a nice independent pizzeria. Franchise pizza is like minor league baseball, it's great if it's the only game in town, but create truly great pizza, and you've discovered a gold mine.