---
title: "Following Rough Q3 Results, Papa Murphy's Contemplates Sale of Company"
url: https://burnaze.com/article/17d28531-8675-4f83-a06d-74ca79674858
source: "1851 Franchise"
original_url: https://1851franchise.com/following-rough-q3-results-papa-murphys-contemplates-sale-of-company-2708394
category: "Pizza"
industry: "Restaurants"
segment: "Pizza"
topics: ["Finance & M&A"]
published: 2018-11-08T15:10:01.000Z
modified: 2026-11-01T04:08:37.021Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/95de598c2f0cf7dd24b2b131cade37a34966.jpg
---

# Following Rough Q3 Results, Papa Murphy's Contemplates Sale of Company

**TL;DR:** Papa Murphy's is contemplating a sale of the company after reporting a decline in sales results for the third quarter, including a 2.1% same-store sales drop. The company experienced an overall net loss of $0.6 million and has closed six locations and refranchised nearly thirty in the last year.

*originally published in 1851 Franchise on 2018-11-08. [Read the original](https://1851franchise.com/following-rough-q3-results-papa-murphys-contemplates-sale-of-company-2708394).*

## Story

Papa Murphy's has reported a decline in sales results for the third quarter. According to a recent article in Nation's Restaurant News, the company saw same-store sales drop by 2.1 across the system and experienced an overall net loss of $0.6 million. Throughout the last year, the brand has closed six locations and refranchised nearly thirty. These results have led the brand to take another look at its strategy and to consider next steps including a potential sale of the company.

“Financial and strategic alternatives may include, but are not limited to, a possible sale of the business. There is no specific timetable for identifying potential transactions or transaction candidates and there is no assurance that any transaction will be completed,” the company said in a statement.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Nation's Restaurant News (publication)
- same store sales (topic)
- Papa Murphy's (company)
- refranchising (topic)
- q3 results (topic)
- sale of company (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/following-rough-q3-results-papa-murphys-contemplates-sale-of-company-2708394). Summarized by Burnaze (https://burnaze.com/article/17d28531-8675-4f83-a06d-74ca79674858).