According to a news report from bizjournals.com, “Papa Murphy’s International announced its 2007 sales passed the $500 million mark.”
“The 2007 performance represented an increase of nearly 13 percent over 2006 and same-store sales rose 6 percent over the same period, according to the privately held Vancouver-based chain of take-and-bake pizza restaurants,” said the story. “Papa Murphy’s ended the year with 1,067 locations across the United States, most owned and operated by the company’s 560 different franchise owners. The company added 33 new franchise entity groups in 2007 and opened 119 new locations. It ended the year as the fifth-largest pizza company in the country.”
