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Papa Murphy’s costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Papa Murphy's compares.

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Overall costs for Papa Murphy's Take 'N' Bake Pizza run anywhere from $286,919 to $524,205. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from https://www.franchisedirect.com and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

Papa Murphy's Take 'N' Bake Pizza franchise fees total around $25,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $25,000 to $25,000
Estimated total $25,000 to $25,000

Equipment fees

Equipment fees total $157,400 for Papa Murphy's Take 'N' Bake Pizza. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Signs $5,000 to $10,000
Opening package, including equipment and supplies, decor, cabinets, point-of sale system and smallwares $118,750 to $178,550
Materials and supplies $500 to $2,000
Estimated total $124,250 to $190,550

Real estate fees

Real estate will set you back $141,680 for Papa Murphy's Take 'N' Bake Pizza, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Lease and utilities deposits and payments $2,500 to $6,000
Leasehold improvements $72,109 to $175,034
Stamped architectural drawings $6,300 to $7,800
Franchise premises rent for three months $3,090 to $10,526
Estimated total $83,999 to $199,360

Training fees

Papa Murphy's Take 'N' Bake Pizza initial training costs total $9,423, which comes in under the nationwide average of $9,788.
Training Cost
Operations training and foundations class $0 to $500
Enterprise solution training $400 to $400
Travel and living expenses while training $3,395 to $12,150
Employee training $500 to $1,500
Estimated total $4,295 to $14,550

Inventory costs

Initial inventory for Papa Murphy's Take 'N' Bake Pizza shakes out to $6,000. This is less than the nationwide average of $53,119.
Inventory Cost
Inventory $5,000 to $7,000
Estimated total $5,000 to $7,000

Marketing costs

Advertisement and marketing costs total up to $30,000 for Papa Murphy's Take 'N' Bake Pizza, which is more than the nationwide average of $9,938.
Marketing Cost
Six months' initial marketing fees and expenses $30,000 to $30,000
Estimated total $30,000 to $30,000

Insurance costs

Initial insurance costs for Papa Murphy's Take 'N' Bake Pizza run $775. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Three months' insurance $375 to $1,175
Insurance The franchiseeu2019s insurance must include at a minimum comprehensive general liability coverage, including products liability coverage, in amount of at least $2,000,000 per occurrence and business automobile liability insurance in an amount of at least $1,000,000 per occurrence. The franchisee must name the franchisor as an additional insured.
Estimated total $375 to $1,175

Administrative fees

Papa Murphy's Take 'N' Bake Pizza administrative fees total up to $4,650 — which comes in under the overall nationwide average of $6,761.
Admin Cost
As-built surveys $2,500 to $3,700
Three months' bookkeeping and payroll service $1,500 to $1,600
Audit The costs of conducting an audit, plus related expenses.
Estimated total $4,000 to $5,300

Other expenses

Miscellaneous expenses for Papa Murphy's Take 'N' Bake Pizza total $30,635 — less than the nationwide average of $69,970.
Other Cost
Miscellaneous development service fees $0 to $1,270
Three months' additional funds, working capital and miscellaneous expenses $10,000 to $50,000
Estimated total $10,000 to $51,270
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2019.

How to finance

The best way to finance Papa Murphy's Take 'N' Bake Pizza comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if Papa Murphy's Take 'N' Bake Pizza franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
Fora Financial business loans
$5,000
$500,000
1+ year in business, $250,000+ annual revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
First Down Funding business loans
$5,000
$300,000
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
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Compare up to 4 providers

How Papa Murphy's Take 'N' Bake Pizza stacks up

Compare how Papa Murphy's Take 'N' Bake Pizza holds up against two similarly sized franchises.
Orangetheory Fitness Papa Murphy's Take 'N' Bake Pizza Buffalo Wild Wings
Average Franchise fees $59,950 $25,000 $17,500
Average Equipment fees $253,700 $157,400 $1,060,750
Average Real estate fees $797,375 $141,680 $1,850,000
Average Training fees $5,450 $9,423 $17,500
Average Inventory fees $5,000 $6,000 $15,000
Average Marketing fees $35,000 $30,000 $12,500
Average Licenses and permits fees $2,000 NA $252,500
Average Insurance fees $4,250 $775 $27,200
Average Admin fees NA $4,650 NA
Average Personnel fees NA NA $7,500
Average Other fees NA $30,635 $170,000

Bottom line

Papa Murphy's Take 'N' Bake Pizza franchise costs run a total of $405,562. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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