|
Below is an in-depth analysis and side-by-side comparison of Papa Murphy's vs Mama Mimi's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $286,919 - $524,205 | $97,600 - $159,800 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 5% | 4.5% - 5% |
Advertising Fee | 2% | - |
Year Founded | 1981 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 230 hours Classroom Training: 40 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations |
Number of Employees Required to Run: 10
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | No | - |
Canada Expansion | No | - |
International Expansion | No | - |
Papa Murphy's Take N' Bake Pizza is the pioneer of the take and bake concept. We are the largest take and bake pizza company in the world. We offer only the freshest and highest quality ingredients with our freshly grated cheeses and our dough that is prepared in house daily. Papa Murphy's offer our products at a low price point, and we also offer our customer the opportunity to cook their pizza when they are ready to eat it.
98% of Papa Murphy's stores are franchised. It is the energy and entrepreneurial spirit of our franchisees that makes Papa Murphy's the innovative and customer centered organization that it is. Without the hard work and dedication of our franchisees we would not have been able to experience the growth and success that we have seen over the years.
Currently franchise units in Arkansas, Arizona, California, Florida, Indiana, Kentucky,
Louisiana, Maryland, Michigan, North Carolina, Oklahoma, South Carolina,
Tennessee, Texas, Virginia, 24 more states, Canada and the Middle East. Please inquire about other states, also.
Award Winning Pizza: The Mama Mimi's Take 'N Bake Pizza restaurant offers legitimate National and International Awards for "Best Pizza", as voted by expert chefs and judges in prestigious competitions. No biased polls, no dubious claims, and no asterisks qualifying the results: Just recognizably GREAT pizza! Targeted Development Markets and Areas: We are currently limiting our opportunities to develop Mama Mimi's Take 'N Bake Pizza restaurant to the Midwest. We prefer to develop in Ohio, Michigan, Illinois, Indiana, Kentucky, West Virginia, and Pennsylvania. We will consider other areas, depending on the strength and organization of the prospective franchisee. Single Unit Franchises: We offer single unit franchises to qualified Applicants interested in developing in the above described markets. An Applicant interested in developing a single Franchised Restaurant must demonstrate a $200,000 net worth, with a minimum of liquid capital in the amount of $40,000. Multiple Unit Franchises: We will offer the exclusive right to develop Mama Mimi's Take 'N Bake Pizza restaurant in a mutually agreed upon Territory, with an agreed upon development schedule. The Initial Franchise Fee is $20,000 for the first Franchised Restaurant developed, and each Franchise Fee thereafter is $15,000. We require a Development Deposit of $2,000 for each Franchised Restaurant you commit to develop in your Territory after the first unit.