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Papa Murphy’s franchise financing options

Compare costs, fees and where to get financing for a Papa Murphy's.

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.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Papa Murphy's Take 'N' Bake Pizza franchise 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 2021.

How to finance

Since the estimated total for Papa Murphy's Take 'N' Bake Pizza is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Papa Murphy's Take 'N' Bake Pizza franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Papa Murphy's Take 'N' Bake Pizza about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $405,562 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Papa Murphy's Take 'N' Bake Pizza — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Papa Murphy's Take 'N' Bake Pizza opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
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

You may not need financing to cover the estimated $286,919. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
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.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
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.
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.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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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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