Papa Murphy's is a take-and-bake pizza company based in Vancouver, Washington.[1] It began in 1995 as the merger of two local take-and-bake pizza companies: Papa Aldo's Pizza (founded in 1981) and Murphy's Pizza (founded in 1984). The company and its franchisees operate more than 1,300 outlets in the United States, Canada and the United Arab Emirates. On April 2019, it was announced that the company would be acquired by MTY Food Group for $190 million.[2]
Papa Murphy's Holdings, Inc.
A Papa Murphy’s located in Kansas City, Missouri (Pictured in 2023)
The chain of pizzerias traces its history back to 1981, when the Papa Aldo's Pizza chain was founded in Hillsboro, Oregon. Three years later, Murphy's Pizza chain began operating in Petaluma, California. Both chains were later acquired and consolidated by Terry Collins into Papa Murphy's. The chain was incorporated as Papa Murphy's International, Inc. In 2003, Papa Murphy's was voted "Best Pizza Chain in America" by Restaurants and Institutions magazine.[3] The company was merged with PMI Holdings, Inc. in 2004.[4]
A Papa Murphy’s located in Parkville, Missouri. Pictured in 2021.
In 2010, the chain sold out to Lee Equity Partners of New York City.[5][6] Sales for the chain totaled $702 million in 2011,[7] which grew to $800 million in 2012 from 1,350 outlets.[8] Reuters reported in 2013 that Papa Murphy's New York parent, Lee Equity Partners, was preparing a public offering for the take-and-bake pizza chain.[9] Official plans for the IPO were announced in March 2014.[10]
Papa Murphy's (FRSH) was added to the Nasdaq May 2, 2014, raising $64.1 million in shares.[11]
Following a loss in the third quarter of 2016, the company announced that it would launch its first national advertising campaign in 2017.[12]
By 2017–2018, the franchisor was struggling, dipping in and out of losses and profitability. In May 2019, it was taken over by Canadian private food conglomerate MTY Food Group, and removed from the NASDAQ.[13]
Papa Murphy’s employees during the Covid-19 Pandemic
In October 2022, Papa Murphy's was sued in a class action lawsuit alleging the company had been secretly wiretapping the private conversations of everyone who had communicated via the company's online chat feature.[14]
OperationsEdit
Orders are available by walk-in, online order, or call-in. Some stores have a drive-thru window where customers can pick up call-in orders. As part of the take-and-bake concept, the pizzas are made at the store but are not baked there. According to Nation's Restaurant News, take-and-bake pizzerias typically have lower costs because they require less restaurant space and equipment. As a result, they are often able to undercut the national pizza giants.[15] Papa Murphy's also offers salads, dessert items, and soft drinks in various sizes.[16]
A Papa Murphy’s employee creating a Papa’s Favorite pizza
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Papa Murphy s is a take and bake pizza company based in Vancouver Washington 1 It began in 1995 as the merger of two local take and bake pizza companies Papa Aldo s Pizza founded in 1981 and Murphy s Pizza founded in 1984 The company and its franchisees operate more than 1 300 outlets in the United States Canada and the United Arab Emirates On April 2019 it was announced that the company would be acquired by MTY Food Group for 190 million 2 Papa Murphy s Holdings Inc A Papa Murphy s located in Kansas City Missouri Pictured in 2023 TypeSubsidiaryIndustryFast food restaurantsFounded1981 42 years ago 1981 HeadquartersVancouver WashingtonNumber of locations1 500 Key peopleEric Lefebvre CEO ProductsPizzaRevenue 800 millionParentMTY Food GroupWebsitepapamurphys wbr com Contents 1 History 2 Operations 3 See also 4 References 5 External linksHistory EditThe chain of pizzerias traces its history back to 1981 when the Papa Aldo s Pizza chain was founded in Hillsboro Oregon Three years later Murphy s Pizza chain began operating in Petaluma California Both chains were later acquired and consolidated by Terry Collins into Papa Murphy s The chain was incorporated as Papa Murphy s International Inc In 2003 Papa Murphy s was voted Best Pizza Chain in America by Restaurants and Institutions magazine 3 The company was merged with PMI Holdings Inc in 2004 4 nbsp A Papa Murphy s located in Parkville Missouri Pictured in 2021 In 2010 the chain sold out to Lee Equity Partners of New York City 5 6 Sales for the chain totaled 702 million in 2011 7 which grew to 800 million in 2012 from 1 350 outlets 8 Reuters reported in 2013 that Papa Murphy s New York parent Lee Equity Partners was preparing a public offering for the take and bake pizza chain 9 Official plans for the IPO were announced in March 2014 10 Papa Murphy s FRSH was added to the Nasdaq May 2 2014 raising 64 1 million in shares 11 Following a loss in the third quarter of 2016 the company announced that it would launch its first national advertising campaign in 2017 12 By 2017 2018 the franchisor was struggling dipping in and out of losses and profitability In May 2019 it was taken over by Canadian private food conglomerate MTY Food Group and removed from the NASDAQ 13 nbsp Papa Murphy s employees during the Covid 19 PandemicIn October 2022 Papa Murphy s was sued in a class action lawsuit alleging the company had been secretly wiretapping the private conversations of everyone who had communicated via the company s online chat feature 14 Operations EditOrders are available by walk in online order or call in Some stores have a drive thru window where customers can pick up call in orders As part of the take and bake concept the pizzas are made at the store but are not baked there According to Nation s Restaurant News take and bake pizzerias typically have lower costs because they require less restaurant space and equipment As a result they are often able to undercut the national pizza giants 15 Papa Murphy s also offers salads dessert items and soft drinks in various sizes 16 source source source source source source source A Papa Murphy s employee creating a Papa s Favorite pizzaSee also EditList of pizza chains of the United StatesReferences Edit Papa Murphy s Take N Bake Pizza PizzaMarketplace com Archived from the original on February 5 2007 Retrieved February 5 2007 Rogoway Mike April 11 2019 Papa Murphy s sells to Canadian firm for 190 million The Oregonian Retrieved April 16 2019 Papa Murphy s International Inc Company History Papa Murphy s The Canadian Business Journal September 20 2014 Retrieved October 28 2021 Papa Murphy s sold to NY based Lee Equity Partners The Oregonian The Oregonian April 1 2010 Retrieved April 1 2010 Vancouver based Papa Murphy s sale wraps up The Oregonian May 6 2010 Retrieved May 7 2010 Culverwell Wendy November 16 2012 Papa Murphy s adds first local store in four years Portland Business Journal Retrieved November 18 2012 Culverwell Wendy July 30 2013 An IPO for Papa Murphy s Portland Business Journal Retrieved July 31 2013 An IPO for Papa Murphy s Stevens Suzanne March 12 2014 Papa Murphy s announces plans for an IPO Portland Business Journal Retrieved March 13 2014 Papa Murphy s shares rise modestly on public debut Corporate News content from Nation s Restaurant News Jennings Lisa November 2 2016 Papa Murphy s to launch first ever national ad campaign in 2017 Retrieved November 4 2016 Sniegowski Don Canada s MTY Buys Troubled Papa Murphy s Retrieved March 25 2020 Papa Murphy s Hit With Privacy Suit Over Website Chats Law360 www law360 com Retrieved October 28 2022 Take n Bake Pizza Concepts Expand East Papa Murphy s Leads the Way Nutrition Facts Papa Murphy s Pizza Papa Murphy s Take N Bake Pizza Order Pizza Online amp Signup For Pizza Deals Retrieved October 28 2021 External links EditOfficial website Portals nbsp Companies nbsp Food Retrieved from https en wikipedia org w index php title Papa Murphy 27s amp oldid 1177462717, 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