Quick Verdict · who it fits
Papa Murphy's International LLC fits first-time franchise buyers looking for a mature food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$450K - $693K
Franchise fee (Item 5)
$25K
Royalty (Item 6)
5% + 2% ad
Item 19 median rev
$618k
System size (Item 20)
1,014 +4
Years in business
22+ yrs
Company-owned units
49
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 5% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$620,000
$100k$2M
Royalty (5%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
1,014
Total units open
12
Units opened last year
4 franchised, 8 company-owned
40
Units closed last year
31 franchised terminations, 1 company-owned closed
-30 units
Net unit growth
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Papa Murphy's International ranks against 561 Food & Beverage peers we've analyzed.
Initial investment
62nd pct · of 561 peers
Franchise fee
14th pct · of 561 peers
System size
91st pct · of 561 peers
Food & Beverage industry averages
Avg investment
$594K - $1.4M
Avg franchise fee
$44K
Avg system size
346
Franchises analyzed
561
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Papa Murphy's International | Disclosed | $25K | $450K - $693K | 5% | 1,014 |
| Shaghf CafeSimilar price | None | — | $240K - $696K | 5% | 7 |
| Doctor's AssociatesBiggest system | Disclosed | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
Free explainers to go deeper before you sign.
Papa Murphy's International LLC requires a $25,000 initial franchise fee and a total initial investment range of $450,330–$693,450, per the most recent FDD on file.
Yes. Papa Murphy's International LLC discloses Item 19 financial performance representations with reported revenue around $617,941. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 5% and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Papa Murphy's International LLC has 1,014 total locations, with 4 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
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