Murphy Business Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$65,840 - $88,050
Franchise Fee
$4,500
Total US Locations
129
Business Summary
Murphy Business & Financial Corporation LLC operates a franchise system offering comprehensive business brokerage and financial services. Murphy Businesses specialize in assisting clients with the ownership transfer of privately held small to medium-sized businesses, mergers and acquisitions for larger companies, commercial real estate brokerage (as part of transactions), business valuations, machinery and equipment appraisals, and related business consulting. Franchisees market and provide these services within a designated geographic area, either from a home-based office or a commercial office suite.
Corporate History
Murphy Business & Financial Corporation LLC was formed as a Delaware limited liability company on April 11, 2014. The company acquired substantially all assets, including franchise and regional developer agreements, from its predecessor, Murphy Business & Financial Corporation (MBFC), which was a Florida corporation incorporated on January 9, 2006. MBFC began offering Murphy Business location and regional developer franchises in September 2006. Murphy Business & Financial Corporation LLC commenced offering franchises on May 15, 2014, continuing the operations under the Murphy brand.
Financial Overview
Investment Range
$65,840 - $88,050
Franchise Fee (Low)
$4,500
Franchise Fee (High)
$47,500
Royalty %
10%
Equipment Costs (Low)
$100
Equipment Costs (High)
$7,100
Working Capital
$1,310
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Murphy Business & Financial Corporation LLC's financial statements are audited and include an unqualified opinion from their auditors, CliftonLarsonAllen LLP, indicating that the statements present fairly, in all material respects, the financial position, results of operations, and cash flows for the years ended December 31, 2024, 2023, and 2022. The company has shown positive net income and healthy cash flows from operating activities in all three years, with cash balances increasing annually, suggesting a strong financial position.
Financing Details
Murphy Business & Financial Corporation LLC does not offer any direct or indirect financing to its franchisees. Additionally, Murphy Business & Financial Corporation LLC does not guarantee any notes, leases, or other obligations for its franchisees.
Performance Metrics
Total US Locations
129
Franchised Units
128
Corporate Units
1
Avg Square Footage
750
Franchising Since
2014
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
Murphy Business & Financial Corporation LLC has no litigation history required to be disclosed in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
Murphy Business & Financial Corporation LLC has no bankruptcy history required to be disclosed in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their franchise, Murphy Business & Financial Corporation LLC franchisees must have substantially complied with the Franchise Agreement during its term. They must either maintain possession of and agree to remodel/expand the Murphy Business to meet current specifications and standards, or secure approved substitute premises and develop them to current standards. Franchisees must give written notice of their intent to renew 180 to 210 days before the agreement expires. They will need to cure any identified operating deficiencies, satisfactorily complete any new or refresher training programs, sign the then-current form of franchise agreement (which may have materially different terms), pay a renewal fee of $5,250 or 15% of the then-current initial Franchise Fee (whichever is greater), and sign a general release of all claims against Murphy Business & Financial Corporation LLC and its related parties.
Training & Support Program
Franchisor Assistance
Murphy Business & Financial Corporation LLC provides pre-opening assistance by reviewing and approving the franchisee's market area and proposed site (if not home-based). They lend or provide online access to an Operations Manual, identify necessary equipment and services, and offer online and classroom training for two individuals. After opening, Murphy Business & Financial Corporation LLC advises franchisees on business operations based on reports and inspections, provides guidance on System Standards (operating procedures, purchasing, advertising, training, accounting), loans the Operations Manual, establishes bookkeeping policies, identifies required equipment and services, and may offer additional optional guidance and training for a fee. They also provide Quick Start Marketing Program materials, and may develop additional advertising and marketing materials.
Initial Training Hours
84
Training Location
Online and at corporate headquarters in Clearwater, FL, or a designated training facility
Ongoing Support
After opening, Murphy Business & Financial Corporation LLC advises franchisees on their business operations based on reports and inspections. They provide ongoing guidance on standards, specifications, operating procedures, equipment purchasing, advertising, broker training, and administrative/accounting procedures, primarily through the Operations Manual, bulletins, telephone, or in-office consultations. Franchisees are required to attend periodic additional or refresher training courses and annual educational conferences. Murphy Business & Financial Corporation LLC also maintains a website and has developed a Quick Start Marketing Program, and may periodically develop additional advertising and marketing materials. They also develop various referral programs for service providers, from which both the franchisor and franchisee may participate in referral fees. Franchisees are required to use a customer relationship management (CRM) system that integrates with the proprietary MOMS system, for which a monthly fee applies.
Franchise Requirements
Ideal Candidate Profile
Murphy Business & Financial Corporation LLC seeks individuals who are willing to make the necessary investment and effort to operate a Murphy Business. Franchisees or their approved general managers must actively participate in the day-to-day operation of the franchise, devoting sufficient time for efficient operation. For those acquiring additional franchises, factors considered include active marketing and operation of their current business, compliance with their franchise agreement, financial stability of their existing business, and experience managing their business.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
Hands-On
Territory Type
Limited
Territory Size Requirements
A standard-sized Market Area for a Murphy Business & Financial Corporation LLC franchise contains approximately 12,000 businesses. This number is determined using data from sources like Sales Genie and/or Hoovers, based on criteria outlined in the Operations Manual (Territory Business Definition Criteria). If the franchisor determines that there are more than 24,000 businesses in a franchisee's Market Area, they reserve the right to grant another franchise or operate their own Murphy Business within that same Market Area.
Staffing Notes
Murphy Business & Financial Corporation LLC does not require franchisees to maintain a non-home-based office. If a franchisee chooses to have an office, it must be professionally decorated and staffed with the necessary personnel to manage operations, regardless of its location. Franchisees are solely responsible for hiring, training, and supervising their Murphy Business personnel and must ensure sufficient staffing to operate in accordance with System Standards. All personnel must meet applicable federal, state, and local legal requirements. Any person employed by a Murphy Business who has access to confidential information must sign a confidentiality agreement. The franchisor may require employees and independent contractors to sign a non-disclosure and non-competition agreement, which may include the franchisor as a third-party beneficiary with independent enforcement rights. All agents and brokers must agree to and complete a background check before using the Murphy Marks. The Murphy Business must be under the direct supervision of the franchisee or an approved manager during all operating hours. If a franchisee employs an on-site general manager, this manager must have full authority to make decisions and take actions as required by the franchisor in operating the franchised business, and must agree to abide by confidentiality and non-competition terms. Managers and successor managers must attend and successfully complete the franchisor's initial training program.