![]() | FranchiseKey International – Over 8,000 Franchise and |
Papa Murphy's announced recently that it has signed three area development agreements which will result in it opening over three dozen locations in Tennessee, Alabama and North Carolina over the next five years.
According to the information provided, a total of 39 Papa Murphy's stores are to be set up: Papa Bama Inc. will open 16 stores in the Huntsville, Alabama area within the next five years, with the first location opening mid-October. Diamond Cowboy Pizza, LLC is looking to open eight stores in the Memphis, Tennessee market within the next three years. And Papa Mint, Inc. has agreed to open 15 stores in the Raleigh-Durham, North Carolina market within the next five years.
Gregg Benvenuto, vice president of franchise sales at Papa Murphy's, commented, “Part of our business strategy this year and beyond is to grow new market share and increase Papa Murphy's brand awareness. Our recipe is simple and therefore enticing to those looking for franchising opportunities - low initial investment, strong consumer value, full franchisee support, and an easy-to-operate platform.”
Papa Murphy's International is, it says, currently the fifth-largest pizza chain in the U.S. with over 1,000 locations in 30 states and Canada. (kbp)
Total investment (from - to) |
| » < 10.000 EUR |
| » 10.000-25.000 EUR |
| » 25.000-50.000 EUR |
| » 50.000-75.000 EUR |
| » 75.000-150.000 EUR |
| » 150.000-300.000 EUR |
| » > 300.000 EUR |