Jeremiah’s Italian Ice vs Papa Murphy's
Franchise Comparison 2026
Both Jeremiah’s Italian Ice and Papa Murphy's are quick-service restaurants franchises. Jeremiah’s Italian Ice requires an investment of $295K – $744K while Papa Murphy's requires $367K – $670K. In terms of revenue, Papa Murphy's reports higher average unit revenue at $681K. On SBA loan performance, Jeremiah’s Italian Ice has a lower charge-off rate (0.0%) compared to Papa Murphy's (9.3%). FranchiseVerdict rates Jeremiah’s Italian Ice A (Top Quintile) and Papa Murphy's A (Top Quintile).
| Metric | Jeremiah’s Italian Ice | Papa Murphy's |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $295K – $744K | $367K – $670K |
| Franchise Fee | $30K | $25K |
| Royalty Rate | 6.0% | 5.0% |
| Average Revenue (Item 19) | $469K | $681K |
| SBA Charge-Off Rate | 0.0% (94 loans) | 9.3% (119 loans) |
| Total Units | 163 | 1,127 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2019 | 1995 |
| FDD Year | 2025 | 2024 |
Investment Range
$295K – $744K
$367K – $670K
Franchise Fee
$30K
$25K
Royalty Rate
6.0%
5.0%
Average Revenue (Item 19)
$469K
$681K
SBA Charge-Off Rate
0.0% (94 loans)
9.3% (119 loans)
Total Units
163
1,127
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2019
1995
FDD Year
2025
2024