|
Below is an in-depth analysis and side-by-side comparison of Papa Murphy's vs Firo Fire Kissed Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $286,919 - $524,205 | $454,000 - $1,515,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 2% | - |
Year Founded | 1981 | 2014 |
Year Franchised | 1982 | 2017 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | Must have a net worth of $900,000 with strong credit. You and your partners must have a minimum liquidity of $250,000 per restaurant to be developed. This includes anything besides home equity that can be converted to cash within 30 days. Retirement accounts such as an IRA or 401 (k) can be considered. |
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 | 3 weeks training program for 2 individuals at our Lawton facility |
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 | You get access to our brand, recipes & procedures, vendors, training, store build-out & trade dress, website, social media, online ordering, gift card program, etc. Most importantly, you get to be a part of a dynamic organization that is dedicated to serving custom-built, artisanal pizza in a completely new way. This is a top franchising opportunity you need to take advantage of. 5 days of opening support PR and grand opening support Ongoing field visits and franchisor support |
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 | Yes |
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.
Our visionary founder assembled a group of recognized restaurant experts
and partnered with internationally renowned chefs to create an
exceptional dining experience at a concept that is uniquely special, but
still replicable. Now, Firo is bringing it’s fire kissed pizza to other
parts of the country through the Firo Fire Kissed Pizza franchise
program. Now is your chance to own a piece of the pie with your own Firo
Fire Kissed Pizza restaurant.
As we set our sights on growing this exceptional concept, it’s good to
know the pizza restaurant industry earns annual revenue of $39 billion
in sales and expected to increase. According to the USDA about one in
eight Americans consume pizza on any given day. There is no doubt that
Americans love their pizzas and savvy business entrepreneurs will love
our franchise program.Next comes the main ingredient, training. You and your managers will
be thoroughly trained at headquarters in Lawton, Oklahoma. The Firo team
will lead you through both classroom and on-the-job training. In the
classroom, some of the topics that will be covered are guest service,
kitchen and food prep steps, inventory, accounting procedures,
management techniques, use of software systems, and much more.