THE OPPORTUNITY

Two established Papa Murphy's locations in Olympia and Tumwater, Washington, offered together as a turnkey portfolio along the I-5 corridor. Both stores are fully built out, staffed, and operating — no site selection, permitting, or construction timeline.

Olympia is Washington's state capital and the economic anchor of the South Sound, a recession-resilient market built on government, education, and health care employment. Adjacent trade areas operate as one connected footprint, offering a manageable multi-unit entry point with an established consumer presence behind both locations.

The Take 'N' Bake model requires no fryers, ovens, or hood systems, no dine-in staff, no tables, and no alcohol license — keeping overhead low and operations repeatable across both units.

Financing is available through Directed Equity. Seller owns multiple locations and would consider a multi-unit transaction. Full financials available to qualified buyers under NDA.

LOCATION HIGHLIGHTS

— Olympia, WA — 400 Cooper Point Road SW, Suite 9 —

- Established state capital market with year-round public sector employment
- High-visibility retail corridor along well-traveled Cooper Point Road
- Recession-resilient economy anchored by government, education, and health care

— Tumwater, WA — 555 Trosper Road SW, Suite 118 —

- Strategic I-5 corridor position capturing strong commuter exposure
- Growing community driving expanding demand for convenient family dining
- Strong brand recognition in a family-oriented, value-conscious market

ABOUT PAPA MURPHY'S

Papa Murphy's is the largest Take 'N' Bake pizza franchise in the nation, with every ingredient prepared fresh in-house daily — scratch-made dough, hand-sliced vegetables, freshly grated mozzarella, and butcher-quality meat. Combining the $30 billion pizza industry's surging potential with a unique, lower-overhead model, Papa Murphy's offers investors a brand with built-in customer loyalty and a dedicated franchisor support network from day one.

New owners receive a comprehensive onboarding experience including hands-on training, a dedicated marketing specialist, and an ongoing corporate support network.

- 900+ locations nationwide
- Ranked #1 in Brand Loyalty & #3 in Value and Affordability — Consumer Picks Survey
- National Pizza Category Leader: Ranked #94 of Entrepreneur's Franchise Top 500