High-Volume Well-Established Papa Murphy’s Take ‘N’ Bake Pizza Peoria, IL - University Center!

"On N University St, One Of The City’s Busiest Retail Corridors"

Rare opportunity to acquire an established Papa Murphy’s Take-N-Bake, popular chain offering fresh, made-from-scratch pizza baked at home. Along with handcrafted salads, crustless pizzas, breads and desserts.

The brand’s distinctive “take-and-bake” model allows customers to purchase freshly prepared pizzas made in-store and bake them at home, delivering premium freshness while significantly reducing labor, equipment and operational complexity compared to traditional pizzerias.

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.

Simple operation - counter service. No seating - no dine-in. Carryout, curbside pickup or 3rd party delivery only. Online ordering is also available. And a rewards program added in 2020. Owner operated.

Papa Murphy’s is one of the most recognized pizza franchises in North America and has repeatedly been named among America’s favorite restaurant chains with top customer service rankings. And “#1 in Customer Service” by Newsweek Magazine!

This well-known highly rated & recommended franchise location has served the community for over 27 years and benefits from strong brand recognition, a loyal customer base and the operational advantages of Papa Murphy’s take-and-bake concept.

Prime retail space in University Center, a well-established strip center on N University St, one of the city’s busiest retail corridors lined with restaurants and retailers as well as 29,000 vehicles per day. Along with AutoZone Auto Parts, Dotty’s, Metro by T-Mobile, Rumberger’s Wings, The Co-Op Shop and more - an established tenant mix generating daily consumer traffic.

This franchise location also benefits from its proximity to a large cluster of national retailers and high-traffic shopping destinations including Ace Hardware, Aldi, Hobby Lobby, Walgreens, Walmart and more. These major retailers create strong cross-shopping traffic and daily consumer flow, ideal for quick-service takeout concepts like Papa Murphy’s.

Plus, it is close to Landmark Plaza, an entertainment complex with Landmark Lanes and Landmark Recreation Center. As well as Schmoeger Park with several baseball fields and recreation areas. And just south of Northwoods Mall, one of the region's primary shopping centers and north of Bradley University, bringing in thousands of students and staff, plus west of Peoria Zoo. These nearby destinations generate steady daily and weekend traffic from families, students and local residents.

Also, surrounded by strong residential neighborhoods which provide a large and stable customer base for pizza and take-home meals. Boasts over 13,000 residents within 1 mile, over 84,000 within 3 miles and over 131,000 within 5 miles. This dense residential population supports consistent carryout dining demand and repeat customers.

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, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.

Listed By Nicole Rayborn at EatZ & Associates