Popeyes
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For nearly 40 years, Popeyes Chicken and Biscuits has been serving Cajun- and Creole-inspired dishes to customers around the world. Ranked among the top fast-food restaurants in the industry, Popeyes consistently provides flavor-filled meals that accommodate the on-the-go lifestyle. Popeyes serves chicken products in mild and spicy flavors and offers sides such as Cajun fries, mashed potatoes with Cajun-style gravy, and Cajun rice. Combining value, quality, and quick service, Popeyes delivers signature Southern dishes alongside an array of choices to provide the customer with an optimal quick-dining experience. Popeyes has recently added healthier options to their menus to accommodate health-conscious customers.
| |
Operating Units (in the U.S. and its Territories) |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
1,537 |
1,549 |
1,552 |
| | % Change | -- |
0.8% |
0.2% |
| | Company-Owned |
55 |
37 |
38 |
| | % Change | -- |
-32.7% |
2.7% |
| | Total |
1,592 |
1,586 |
1,590 |
| | % Change | -- |
-0.4% |
0.3% |
| | Franchised as % of Total |
96.6% |
97.7% |
97.6% |
Investment Required
The fee for a Popeyes franchise is $30,000.
Popeyes provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item |
Established Low Range |
Established High Range |
| |
Initial Franchise Fee |
$30,000 |
$30,000 |
| |
Development Fee |
$7,500 |
$7,500 |
| |
POS System |
$18,000 |
$32,000 |
| |
Equipment, Furniture and Signs |
$110,000 |
$207,000 |
| |
Initial Training |
$15,000 |
$22,000 |
| |
Opening Supplies |
$10,000 |
$20,000 |
| |
Insurance |
$9,000 |
$12,000 |
| |
Business Licenses |
$300 |
$600 |
| |
Utility Deposits |
$2,500 |
$5,000 |
| |
Additional Funds (6 Months) |
$20,000 |
$30,000 |
| |
Total Initial Investment |
$222,300 |
$366,100 |
Ongoing Expenses
Popeyes franchisees pay ongoing fees equal to 5% of gross sales and advertising fees equal to 4% of gross sales.
What You Get—Training and Support
For Popeyes franchisees, everything from site acceptance to training to marketing support is just a phone call away. Prior to opening, franchisees receive support from the Popeyes Market Development Team. Additionally, franchisees attend a training program at Popeyess facility in Atlanta. Staff at the franchisee’s new restaurant also receive training.
After opening, franchisees are assigned a single point of contact from the Franchise Support Team who help franchisees choose and implement business-building programs. These programs are designed by the experts in their field to provide tools to help and support the growth of the franchisee’s business.
Territory
Popeyes grants exclusive and nonexclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2011 Edition of Bond’s Top 100 Franchises publication.
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