Take-and-bake chain Papa Murphy's may soon be part of the stock market. Sources told Reuters this week that the Washington-based company is "close to selecting banks" for an IPO that could come by the end of this year.

Papa Murphy's has been owned by Lee Equity Partners since 2010. The chain has been aggressively expanding into new markets throughout the country and now includes about 1,350 stores.

If it goes public, it would join Pizza Hut (listed under parent company Yum! Brands), Domino's (DPZ) Papa John's (PZZA), Chuck E. Cheese's (CEC) and Pizza Inn (PZZI).

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