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RISE - Menu Monitor

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Papa Murphy's Take 'N' Bake Pizza<br />

Headquarters<br />

8000 NE Parkway Dr. Suite 350, Vancouver, Washington 98662 USA<br />

Tel: (360)260-7272 Fax: (360)260-0500<br />

www.papamurphys.com<br />

Ownership: Private<br />

Segment: Limited Service Pizza<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 444,227 411,448 385,855<br />

Company-owned ($000) 13,535 7,564 4,400<br />

Franchised ($000) 430,692 403,884 381,455<br />

U.S. Number of Units 963 924 841<br />

Company-owned 50 49 11<br />

Franchised 913 875 830<br />

International Sales ($000) - - -<br />

International Units 5 - -<br />

Average Sales/Unit ($000) 485 470 485<br />

Concept Positioning |<br />

Papa Murphy’s is a limited-service take-and-bake pizza concept targeting time-pressed middle-class families. Customers can<br />

choose from among 18 gourmet toppings to personalize their pies, pick them up and bake them at home on oven-ready paper<br />

trays with step-by-step cooking instructions attached to a transparent lid. Charlesbank Capital Partners operates nearly 1,000<br />

Papa Murphy’s units in 30 states and Canada. About 98% of Papa Murphy’s units are franchised.<br />

Units average approximately 1,200 sq. ft. and are located in malls near suburban neighborhoods. Most restaurants are<br />

freestanding with warm-colored interiors and a prep area that allows customers to see the pizzas being assembled.<br />

Papa Murphy’s originated with two take-and-bake pizza operators, Murphy’s Pizza of Petaluma, CA, and Papa Aldo’s of<br />

Portland, OR. Terry Collins, the current CEO, bought the controlling interest in Murphy’s Pizza in 1988 and two years later<br />

expanded his holdings with the Papa Aldo’s pizza chain. In 1995, the entire system was converted to the Papa Murphy’s<br />

name. Charlesbank Capital Partners became the owner of Papa Murphy's in 2004. The company has not disclosed future<br />

expansion plans.<br />

<strong>Menu</strong> Positioning |<br />

Papa Murphy's menu offers a variety of take-and-bake pizzas available in a variety of styles, including the Papa's pizza,<br />

gourmet pizza and stuffed pizza specialties. Signature pizzas include the Hawaiian pizza, Rancher pizza, Gourmet Chicken<br />

Garlic pizza, Gourmet Vegetarian pizza, Grilled Chicken & Bacon Stuffed pizza, Chicago-Style Stuffed pizza, the Sicilian Pan<br />

Pizza—an olive oil-brushed crust pizza with Sicilian sauce, fire-roasted onions, pepperoni and Italian sausage with grated<br />

mozzarella and Parmesan. The menu also features salads, calzones and family-sized lasagna. Chocolate Chip Cookie Dough<br />

to bake at home is offered as a dessert option. <strong>Menu</strong> prices range from $3.99-$13.99 and checks average $11.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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