|Location:||Castle Rock, Colorado|
|Asking Price||$650,000 TWO LOCATIONS|
JOIN AMERICA'S FAVORITE PIZZA CHAIN WITH TWO LOCATIONS FOR SALE IN CASTLE ROCK.
Papa Murphy’s has completely sold out the Denver market – every territory has been sold and no new stores are being opened. However, you have the opportunity to purchase two (2) locations in one of the most desirable communities in Colorado – Castle Rock! Castle Rock’s population is approximately 65,000 and is the 7th fastest growing city in America with a Median Household Income of $103,253. Castle Rock is in Douglas County - the 9th wealthiest county in the U.S. and was named the 19th best place to live by CNN Money.
We have operated the business as an absentee owner and accomplished our objectives and now its time for us to sell.
South Castle Rock opened – 2001 - This location has been a high volume and income producer year after year.
North Castle Rock opened – 2015 - This location opened in late 2015 and continues to grow. In 2018, we experienced approximately a 15% growth in sales. This growth occurred despite 2018 being a transition year for the shopping center. The shopping center anchor space has now been leased to Planet Fitness and Murdoch’s. The store produces a nice profit and we anticipate both sales and profits will increase for many years to come.
About Papa Murphy's Pizza
Colorado’s Favorite Pizza Chain – Papa Murphy’s! We have grown to the 5th largest pizza chain in the nation and rated #1 by our Customers. With approx. 1,500 locations, winner of the Chain Restaurant Consumers’ Choice Award, and winner of the most Likely to be recommended by customer award, our pizza and brand is LOVED by our customers.
We’re a big deal. Our story began 37 years ago and now we've grown from just one store to the 5th largest pizza chain in the nation, constantly rated #1 by consumers. So, yeah…we’re kind of a big deal.
We're totally different. We spend time mixing and proofing dough, shredding whole-milk mozzarella, and chopping veggies. And then WE DON'T BAKE THE PIZZA. Why? Because scratch-made pizzas baked at home are totally crave-worthy.
We're simple. Our take ‘n’ bake model means no ovens, freezers or dine in, which provides lower investment costs and allows you to focus on building customer relationships by creating the best pizza ever.
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