SBA 7(a)/504 FOIA · FY1991–PRESENT · NEVADA
Papa Murphy'S franchise in Nevada: what the public record shows
Franchisees of Papa Murphy'S in Nevada have taken 13 SBA loans since 1991 (average $172,646), and of the 12 loans whose story has ended, 0.0% were charged off — versus 6.7% for Papa Murphy'S nationally and 14.8% across all rateable franchise brands.
Loans in NV
13
Resolved
12
Local charge-off
0.0%
National charge-off
6.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NV. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
6,171
statewide, all operators
Per 100k residents
188.9
national 179.9
Versus the country
+5%
denser
Every business in Papa Murphy'S's industry operating in Nevada — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$598
Nevada, BLS QCEW 2025
National average
$537
same industry, all states
Versus the country
+11%
costlier to staff
What Papa Murphy'S's industry actually pays workers in Nevada, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in NV | Local charge-off | Units in NV |
|---|---|---|---|
| Tropical Smoothie Cafe | 22 | 47.1% | 23 |
| Port of Subs | 21 | 11.8% | — |
| Quiznos | 16 | 8.3% | — |
| Jimmy John's | 15 | 8.3% | — |
| Cold Stone Creamery | 14 | 36.4% | — |
| Firehouse Subs | 12 | thin | 12 |
| Wienerschnitzel | 11 | thin | — |
| Capriotti'S Sandwich Shop | 10 | thin | — |
| Wetzel'S Pretzel | 10 | thin | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 8 | thin | — |
| Marco's Pizza | 8 | thin | — |
| Burgerim | 7 | thin | — |
Same sector, same state, same public records — how Papa Murphy'S compares to the systems a buyer in Nevada would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Papa Murphy'S's numbers, including talking you out of a bad deal.