Industry News | January 28, 2010
Papa Murphy's Enjoys Solid 2009
“There’s a lot to be proud of,” says CEO John Barr, commenting on 2009’s results. “We share this pride, of course, with our hundreds of franchisees, our field support teams, and our vendor partners. Franchisors don’t succeed unless their franchisees are successful, so I’m confident 2009 was a year that made everybody happy.”
In addition to the company’s stellar sales and store openings, 2009 included additional highlights. The chain moved into new territory; franchising agreements signed last year equate to over 130 future stores, many in major markets new to Papa Murphy’s. They include Charlotte, North Carolina; Greensboro, North Carolina; Charleston, South Carolina; and Savannah, Georgia.
Papa Murphy’s added 46 new franchise entity groups to end the year with 478 franchise owners in 34 states and two Canadian provinces.
Franchise owners rewarded Papa Murphy’s with extremely high satisfaction ratings in a survey conducted by Franchise Business Review. As a result, Papa Murphy’s ranked as one of the top food franchises for 2009.
Papa Murphy’s success qualified it as an Inc. magazine “Top 100 Food & Beverage” company and a Zagat “Top Food” and “Top Service” restaurant.
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