Overview
Popeyes Franchise is an American based quick service chicken company chain. Popeyes Franchise provides a limited menu of lunch and dinner products and at some locations offers breakfast products as well. Their business is based on quick service of fast-food. Their business is not only about serving fast food but they also focus on quality of the food and finding the best talent to extend their Louisiana roots to the rest of North America. This American based fried chicken franchise company with 2,885 units offers freshest and high quality fried chicken from years.
The story of “Popeyes Franchise” started in 1972 under the name of “Chicken and Run” in New Orleans, LA. Popeyes has a great history and culinary tradition. Its owner Al Copeland introduced American society with a relatively new item of fried chicken. In 1976, Copeland started franchising from LA. In 2020, Popeyes had 3,451 restaurants and in 2021, 2736 locations were franchised in the US. Its headquarters is located in Miami, Florida, United States.
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Benefits
Popeyes Franchise is a business that is full of benefits, they will benefit your business in many profitable ways. It’s not only about starting a business but they come up with strategies that will help you in making it successful. They provide you opportunities to be a part of the community. They help you to build good relationships with customers by serving them in a friendly manner. Popeyes benefits your fast-food business in many ways.
- They support regional operations and marketing.
- They benefit a franchisor in selecting a site, developing outlet, design and construction.
- Another benefit is that it trains new restaurants that are specialized and dedicated.
- They currently provide multi-unit options.
- They provide standardized design concepts like freestanding, endcap, inline, malls, walk-up and so on.
- They provide multi-unit opportunities.
- They provide world class support and come up with progressive techniques.
- They help through the process of ownership, development and operations.
Requirements
In order to open Popeyes Franchise you need to keep certain requirements in consideration. For an In-Line or Free Standing Restaurant you need to pay an initial fee of $50,000 and for a Delivery Restaurant it’s $2,500. Popeyes is looking for franchisees with
- A business experience.
- Expert in operating restaurants.
- Serious and committed.
| Fees/Expenses | Dollar Amount |
| Liquid capital | $250,000 |
| Net worth | $1,000,000 |
| Initial Franchise Free | $50,000 |
| Initial total investment | $383,500 – $2,620,800 |
Popeyes Franchise Cost
To buy a franchise with Popeyes the upfront fee that needs to be settled down before opening a Popeyes Franchise ranges from $2,500 to $50,000. It is estimated that the beginning operation of Popeyes Franchise ranges from $109,500 to $3,545,800. The given table will show low – high upfront costs, initial investment and initial fee that needs to be settled down before launching Popeyes Franchise.
| Name of Fee | Low | High |
| Franchise Fee | $2,500 | $50,000 |
| Real Estate & Improvements | Variable | Variable |
| Soft costs | $1,000 | $400,000 |
| Site work | $2,500 | $650,000 |
| Building | $0 | $1,600,000 |
| FF&E Signage & Technology | $75,000 | $700,000 |
| Initial Training | $17,200 | $24,200 |
| Opening Supplies | $3,000 | $23,000 |
| Insurance | $3,000 | $18,000 |
| Utility Deposits | $2,500 | $50,000 |
| Business Licenses | $300 | $600 |
| Additional Funds (3 months) | $2,500 | $30,000 |
| Estimated Total | $109,500 | $3,545,800 |
Variations in initial investment depends on following factors:
- Real Estate Costs.
- Size of outlet.
- Construction.
- Amount of traffic.
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Popeyes Franchise Fees
| Royalty | 5% |
| Advertising Fee | 4% |
| Advertising Co – Op | 0.5% to $1.75% |
| Additional Ordering system/. Additional digital system | 1% |
Profit
Popeyes Franchise is a profitable business of fried chicken and offers franchise opportunities. It’s estimated that in the year 2021 the company was able to make $579 million of revenue and a net income of $228 million . In a Popeyes Franchise The investment return is profitable. Popeyes Franchise owners make approximately $312782 annually.
Income statement
| Revenue | (2021) |
| Sales | $2,378 |
| Franchise & Property Revenue | $2,452 |
| Advertising Revenue | $909 |
| Total Revenues | $5,739 |
| Operating costs & Expenses | |
| Costs of Sales | $1,890 |
| Franchise and Property Expenses | $489 |
| Advertising Expenses | $962 |
| General & Administrative Expenses | $508 |
| Loss from Equity method investment | $4 |
| Other operating Expenses, Net | $7 |
| Total Operating costs & expenses | $3,860 |
| Income from operations | $1,879 |
| Interest Expense, Net | $505 |
| Loss on Early Extinguishment of Debt | $11 |
| Income before, income tax | $1,363 |
| Income tax expense | $110 |
| Net income | $1,253 |
Menu
Like every other food industry the success of the Popeyes Franchise lies in its Menu. Popeyes Franchise offers a limited Menu and keeps searching for new healthy ways to make this limited Menu strong. The Franchise provides an authentic unique New Orleans style menu that the world craves.
Their menu offers Spicy Chicken, Chicken Tenders, Fried Shrimp, biscuits, seafood and other items. All these chicken variations and other products are refreshing and keep attracting customers. Its menu has always kept foodies engaged by providing rich quality fast food.
| Combo Meals | The sandwich, Signature chicken, Nuggets, Tenders, Seafood |
| Featured items | Blackened Chicken Sandwich, Spicy Blackened Chicken Sandwich, Spicy Chicken Sandwich, Classic Chicken Sandwich, 10Pc Signature chicken Bundle, 10Pc Signature chicken Box |
| Chicken Sandwich | Blackened Chicken Sandwich, Spicy Blackened Chicken Sandwich, Classic Chicken Sandwich, Spicy Chicken Sandwich |
| Signature chicken | 2Pc Chicken Meal, 3Pc Chicken Meal, 4Pc Chicken Meal, 8Pc Signature chicken Box, 10Pc Signature chicken Bundle, 12Pc Chicken Family Meal, 16Pc Chicken, Family Meal, 16Pc Signature chicken Box |
| Tenders | 3Pc Tenders, 5Pc Tenders, 8Pc Tenders Family Meal, 10Pc Tenders Box, 10Pc Tenders Bundle |
| Family Meals | Family Feasts, Signature chicken Family Meals, Tenders Family Meals, Nuggets Family Meal |
| Seafood | ¼ Ib Popcorn Shrimp Meal |
| Nuggets | 8Pc Nuggets, 12Pc Nuggets, 24Pc Nuggets, 36Pc Nuggets, 48Pc Nuggets, 4Pc Nuggets Kids Meal, 6Pc Nuggets Kids Meal |
| Sides | Homestay Mac & Cheese, Cajun Fries, Mashed Potatoes with Cajun Gravy, Red Beans & Rice, Coleslaw |
| Beverages | Premium Lemonade, Mango Lemonade, Premium Strawberry Lemonade , Coca-Cola, Cane Sweeet Iced Tea, Sprite, Dr Pepper, Fanta Strawberry, Tropicana Lemonade, Diet Coke, Hawaiian Punch , Unsweetened Iced Tea, Fanta Orange, Coca-Cola Zero Sugar, Seltzer Water, Ginger Ale |
| Desserts | Cinnamon Apple Pie |
| Kids Meal | 4Pc Nuggets Kids Meal, 6Pc Nuggets Kids Meal, Mac & Cheese Kids Meal, 1Pc Leg Kid’s Meal |
Application
In order to apply for Popeyes Franchise, you need to complete it online. Fill the details in the form provided by Popeyes Franchise.
Step by step approval process.
- Apply Online – Submit your Information.
- Discovery Cell – Share your professional background and your aspirations with Popeyes team.
- Application Review – QSR operations expertise, background check, business plan, and other documents.
- Leadership Team Interview – In-person meetings.
- Final Approval – in case you are approved, begin training and site selection.
In addition to this you can also reach Popeyes Franchising Department at franchising@popeyes.com
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Conclusion
Popeyes is expanding because of its quick service chicken chain of food and other products. They are always looking for interested candidates in order to take Popeyes far ahead. The quick expansion of Popeyes Franchise speaks everything about its success in the food and beverage industry. It’s a one time offer for you so choose in the best way possible. Its outlets are consistently growing and satisfying the hunger of foodies. Its pure limited menu of quick service of fried chicken and other food and beverage products is making it a favorite spot. Its menu is attracting customers and turning it into a food hub.
Popeyes Franchise is accessible by clearing initial investment and costs before setting up. Its net profit is growing continuously and its Franchise model ensures the success of outlets. They are dominating in quick service restaurants and are giving tough competition to their competitors. In this era of changing landscape Popeyes Franchise is working hard to enhance the taste of their Menu. Therefore starting the Popeyes Franchise in the USA is a big commitment, so be dedicated and give every effort to make your business profitable and worth investing in.
FAQ’s
Is Popeyes a Franchise?
Popeyes is a franchise since 1976.
How much do Popeyes Franchise Owners make ?
Popeyes Franchise owners can make around $312782 per year.
How much does a Popeyes Franchise cost
To buy a franchise with Popeyes the initial payment that you need to get cleared ranges from $2,500 to $50,000.
Who owns the Popeyes Franchise ?
Canadian- American enterprise restaurants brands international purchased the Popeyes Brand in 2017.
Is Popeyes a good franchise ?
Popeyes franchise is good and profitable business providing a number of benefits.
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