For Sale

High-Volume Well-Established Papa Murphy’s Take ‘N’ Bake Centennial, CO – University Towne Center!

Across Southglenn Square & Cherrywood Square + Arapahoe High School

Centennial, CO

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Food Type: Pizza Place

Service Type: Fast Food

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $400,000

Gross Sales: $814,019

Net Operating Income: $172,742

Monthly Rent: $2,350

Lease Expiration: 2025

Lease Options: One 5-Year Option

Year Established: 1993

Owner Operated: Yes

Seller Financing: No

Summary:

Popular chain offering fresh, made-from-scratch pizza baked at home. Along with handcrafted salads, crustless pizzas, breads and desserts.

Customers get to personalize their pizza, picking from their favorite toppings, sauces and crusts. Get to choose from hand-sliced high-quality veggies, freshly grated cheeses, butcher quality meats and made-from-scratch doughs. Including dairy-free cheeses, gluten free crusts and Keto-friendly crustless pizzas. Also, a variety of prepared classic, signature and gourmet pizzas available so that consumers can pick one of those if they’re not looking to customize their order. And build-your-own pizza kits for the kids. Plus, new dipping sauces - choice of creamy ranch, savory garlic butter or zesty marinara.

Recently named “One of America’s Favorite Restaurant Chains” and “#1 in Customer Service” by Newsweek Magazine for the last 4 years!

Well established location for over 30 years! Owner operated. Simple operation - counter service. No seating - no dine-in. Carryout, curbside pickup or 3rd party delivery only. Online ordering also available. And a rewards program added in 2020.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://www.papamurphys.com/

Competition:

Delicious pizzas to take home & make at one’s convenience. Prepared from scratch with fresh ingredients, so one can take it, bake it and enjoy it fresh out of the oven. And more than just pizza, they’re a whole meal solution from beverages to cheesy bread to pizza to dessert. Convenient. Customizable. Also, efficient, fun & easy online ordering. A meal that is fast, fresh & affordable. Ideal for pizza night! Great for lunch, dinner, parties & more.

And an easy to run operation-does not require ovens!

Growth and Expansion:

Papa Aldo’s & Murphy’s Pizza merged in 1995 to form Papa Murphy’s. For over 40yrs, these iconic brands have found success and Papa Murphy’s continues to grow as the demand for pizza, especially take n’ bake pizza continues to skyrocket. Papa Murphy’s is now an international take n’ bake franchise. Also the largest take ‘n' bake pizza brand in the US. And the 5th largest pizza franchise in the nation. Currently over 1,250 locations + Canada/UAE.

Get your slice of the $46+billion-dollar pizza industry estimated to grow another 10% in the next 15 years.

Location:

Prime retail space in University Towne Center, a busy 55,541 sqft shopping center anchored by The Basketball Social House/B-Ball Games and an Arc Thrift Store. Other eating & drinking establishments include Subway, Udom Thai, Rolling Smoke BBQ, Burger King and more.

Located in a strong trade area at the corner of University Blvd and Day Creek Rd with a wonderful mix of national retailers and over 55,000 vehicles per day. Across two other busy shopping centers: Southglenn Square with Taku Sushi, Wing Wok, Cakeheads Bakery, Fuzzy’s Taco Shop & The Varsity Inn and Cherrywood Square with King Soopers, Chipotle, Einstein Bros. Bagels, Yogurtland & Starbucks.

Also, across Arapahoe high school. And near John Wesley Powell middle school & Shepherd of the Hill Lutheran Church school.

Plus, surrounded by a vast residential area of 117,000 homes with a population of over 278,000 and an average household income of $126,000 within 5-miles.

Perfectly situated in Centennial, an affluent suburb of Denver which continually ranks as one of the best places to live, the most family-friendly city, the best city for first-time buyers, one of the best places to move or open a business and more!

County: Arapahoe

Facilities:

Lease Information: Leased space - cheap $2,350/mth gross. Current lease expires 2025 with one 5-year option.

Square Feet: 1,350.

Seating: 0.

Days/Hrs of Operation: Su-Mo 11a-7p, Tu 11a-8p, We-Th 11a-7p, Fr-Sa 11a-8p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $125,000).

Value of Inventory: 6,000 (Not Included In Asking Price).

Number of Employees: 3 Full-Time & 8 Part-Time.

Support/Training: Their comprehensive training program starts with 4 to 5 weeks of operations training, followed by 1 week of foundation class. This includes everything from customer service, to how to prep the product, to learning how to work the POS system, to hiring and management of employees, to learning how to effectively market your store and more.

Seller Financing Available: No.

Reason for Selling: Seller is moving.

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