ANDA BOBA TEA vs Papa Murphy's

Two franchise systems, side by side. For a software vendor, they are not the same opportunity.

More open target
Papa Murphy's
wins 2 of 12 vendor rows

Papa Murphy’s is the stronger opportunity right now, and it isn’t close. The dimension that decides this is TAM.

quick_service_restaurant
ANDA BOBA TEA
quick_service_restaurant
Papa Murphy's
Total units
6
1,014
Franchised units
2
965
Unit growth YoY
0%
-3.596%
Average unit revenue (AUV)
Royalty
4%
5%
Ad fund
2%
Initial franchise fee
$25K
$25K
Investment range (low)
$190K
$450K
Investment range (high)
$274K
$693K
Procurement model
Approved supplier
Approved supplier
FDD fiscal year
2026
2026
Filing freshness
CURRENT
CURRENT

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Common questions

ANDA BOBA TEA vs Papa Murphy's, answered

ANDA BOBA TEA has 6 total units and Papa Murphy's has 1,014, so Papa Murphy's is the larger system.
ANDA BOBA TEA grew units 0% year over year vs -3.596% for Papa Murphy's, so ANDA BOBA TEA is growing faster.
ANDA BOBA TEA charges a 4% royalty and Papa Murphy's charges 5%, so ANDA BOBA TEA has the lower royalty.
Both charge a $25K initial franchise fee.
ANDA BOBA TEA's initial investment runs $190K–$274K and Papa Murphy's's runs $450K–$693K, so Papa Murphy's requires the larger investment.

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