THE OPPORTUNITY

Four established Papa Murphy's locations across Yelm and Lacey, Washington, offered together as a single turnkey portfolio in the Olympia metro. Each store is fully built out, staffed, and operating — no site selection, permitting, or construction timeline.

Thurston County anchors the growth corridor between Olympia and Tacoma, supported by a recession-resilient state government economy and steady residential expansion. Four distinct trade areas operate as one connected footprint, offering immediate multi-unit scale in a market where turnkey locations rarely change hands.

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 all four 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

— Yelm, WA — 1201 E. Yelm Avenue, Suite 200 —

- Rapidly growing market as the Olympia metro expands eastward
- Main-corridor position with strong local traffic and brand visibility

— Lacey, WA — 4760 Yelm Highway SE —

- Established residential trade area near neighborhoods and schools
- Convenient highway access driving local and commuter demand

— Lacey, WA — 1401 Marvin Road NE, Suite 104 —

- Strong co-tenancy near national retailers and grocery anchors
- Prime expansion corridor with new residential and commercial growth

— Lacey, WA — 720 Sleater Kinney Road SE, Suite A —

- Long-established community presence driving habitual local demand
- Stable, loyalty-driven market with consistent year-round traffic

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