Papa Murphy's
Source filing: WI · filed 2026-03-27
Item 5 — Initial franchise fee
$25,000 [p.27 · WI · 2026-03-27]
Item 6 — Recurring fees (royalty & advertising)
| Royalty Fee2, 20 | See FDD [p.29 · WI · 2026-03-27] |
|---|---|
| Local Marketing and Promotion and Regional Cooperative Advertising5 | See FDD [p.29 · WI · 2026-03-27] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
$450,330 [p.38 · WI · 2026-03-27] – $693,450 [p.38 · WI · 2026-03-27]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 1,001 [p.68 · WI · 2026-03-27] |
|---|---|
| Franchised outlets at end of year | 965 [p.68 · WI · 2026-03-27] |
| Net change in franchised outlets | -36 [p.68 · WI · 2026-03-27] |
| Transfers | 48 [p.71 · WI · 2026-03-27] |
| Terminations | 31 [p.74 · WI · 2026-03-27] |
| Non-renewals | 8 [p.74 · WI · 2026-03-27] |
| Ceased operations (other) | 0 [p.74 · WI · 2026-03-27] |
| Company-owned outlets at end of year | 49 [p.68 · WI · 2026-03-27] |
Item 19 — Financial performance representation
Headline cohort
All Franchise Stores 2025 · trailing 52 weeks ending September 24, 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 947 [p.65 · WI · 2026-03-27] | $687,539 [p.65 · WI · 2026-03-27] | $617,941 [p.65 · WI · 2026-03-27] | $2,458,479 [p.65 · WI · 2026-03-27] | $165,875 [p.65 · WI · 2026-03-27] |
All disclosed cohorts (12)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All Franchise Stores 2025 trailing 52 weeks ending September 24, 2025 |
947 [p.65 · WI · 2026-03-27] | $687,539 [p.65 · WI · 2026-03-27] | $617,941 [p.65 · WI · 2026-03-27] | $2,458,479 [p.65 · WI · 2026-03-27] | $165,875 [p.65 · WI · 2026-03-27] |
| All Franchise Stores 2024 trailing 52 weeks ending September 23, 2024 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| All Franchise Stores 2023 trailing 52 weeks ending September 25, 2023 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Franchise Stores – West 2025 trailing 52 weeks ending September 24, 2025 |
421 [p.65 · WI · 2026-03-27] | $808,631 [p.66 · WI · 2026-03-27] | $741,835 [p.66 · WI · 2026-03-27] | $2,458,479 [p.65 · WI · 2026-03-27] | $240,383 [p.65 · WI · 2026-03-27] |
| Franchise Stores – West 2024 trailing 52 weeks ending September 23, 2024 |
438 [p.65 · WI · 2026-03-27] | $819,415 [p.66 · WI · 2026-03-27] | $752,250 [p.66 · WI · 2026-03-27] | $2,397,004 [p.65 · WI · 2026-03-27] | $245,427 [p.65 · WI · 2026-03-27] |
| Franchise Stores – West 2023 trailing 52 weeks ending September 25, 2023 |
442 [p.65 · WI · 2026-03-27] | $843,149 [p.66 · WI · 2026-03-27] | $774,196 [p.66 · WI · 2026-03-27] | $2,494,897 [p.65 · WI · 2026-03-27] | $206,703 [p.65 · WI · 2026-03-27] |
| Franchise Stores – Central 2025 trailing 52 weeks ending September 24, 2025 |
363 [p.66 · WI · 2026-03-27] | $631,907 [p.66 · WI · 2026-03-27] | $576,713 [p.66 · WI · 2026-03-27] | $1,721,612 [p.66 · WI · 2026-03-27] | $165,875 [p.66 · WI · 2026-03-27] |
| Franchise Stores – Central 2024 trailing 52 weeks ending September 23, 2024 |
381 [p.66 · WI · 2026-03-27] | $639,851 [p.66 · WI · 2026-03-27] | $594,798 [p.66 · WI · 2026-03-27] | $1,661,817 [p.66 · WI · 2026-03-27] | $178,123 [p.66 · WI · 2026-03-27] |
| Franchise Stores – Central 2023 trailing 52 weeks ending September 25, 2023 |
399 [p.66 · WI · 2026-03-27] | $636,605 [p.66 · WI · 2026-03-27] | $591,005 [p.66 · WI · 2026-03-27] | $1,538,697 [p.66 · WI · 2026-03-27] | $188,911 [p.66 · WI · 2026-03-27] |
| Franchise Stores – East 2025 trailing 52 weeks ending September 24, 2025 |
163 [p.67 · WI · 2026-03-27] | $498,669 [p.67 · WI · 2026-03-27] | $474,752 [p.67 · WI · 2026-03-27] | $949,512 [p.67 · WI · 2026-03-27] | $183,419 [p.67 · WI · 2026-03-27] |
| Franchise Stores – East 2024 trailing 52 weeks ending September 23, 2024 |
196 [p.67 · WI · 2026-03-27] | $488,609 [p.67 · WI · 2026-03-27] | $459,624 [p.67 · WI · 2026-03-27] | $977,308 [p.67 · WI · 2026-03-27] | $189,199 [p.67 · WI · 2026-03-27] |
| Franchise Stores – East 2023 trailing 52 weeks ending September 25, 2023 |
244 [p.67 · WI · 2026-03-27] | $458,119 [p.67 · WI · 2026-03-27] | $432,789 [p.67 · WI · 2026-03-27] | $959,846 [p.67 · WI · 2026-03-27] | $186,428 [p.67 · WI · 2026-03-27] |
“Some Papa Murphy's Take 'N' Bake Stores have earned this amount. Your individual results may differ.” [p.67 · WI · 2026-03-27]