Papa Murphy's honored as fast growing franchise

Posted on August 05, 2010 by Franchise Gator Admin

One pizza franchise was recently honored by being named one of the fastest-growing franchises in the country by an industry magazine.

Papa Murphy's was named among the top 10 restaurant franchises in the 37th annual Nation's Restaurant News Top 100 census. Being included in the list was important to the pizza franchise because it shows that it is a good business opportunity for eager entrepreneurs. One of the most important things when looking for a franchise to open is to understand how successful the company has been.

"Papa Murphy's is an attractive option because we have one of the lowest investment levels of any pizza chain," said John Barr, Papa Murphy's chairman and CEO. "That's often a deciding factor, given the current difficulty for new business owners to secure financing. We signed over 130 franchise agreements last year, including some in major new markets in the Southeast."

One of the newest Papa Murphy's locations is in Frederick, Maryland. The Frederick News-Post reports that Tammy and Mark Bomberger have opened a restaurant at a local shopping center in the area.