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popeyes franchise cost

Before you pull all of your money out of savings, there are a few important requirements for owning a Popeyes franchise. Popeyes Louisiana Kitchen, the world’s second largest chicken chain by number of units with over 2,000 restaurants in 25 countries, looks to expand further in Canada. Here is how the costs break down: Maybe you can find the money to build a new Popeyes, but along with that Popeyes is also going to check out your net worth. Please click here for detailed estimates of Popeyes Louisiana Kitchen franchise costs, based on Item 7 of the company’s 2020 FDD. After the term of the franchise agreement ends, you have the option to renew (provided that you meet certain requirements) by paying 50% of the then-current Franchise Fee. In 1972, Al Copeland of Louisiana wanted to compete with Kentucky Fried Chicken, so he opened a new restaurant “Chicken on the Run.” At first, the restaurant failed after several months. One it makes it clear to franchise buyers what the financial performance historically has been and two it helps mitigate potential franchise lawsuits for non-compliant earnings claims by franchisees against the franchisor. Use this guide to learn the costs you can expect, how to apply, franchisee requirements, and more. You must sign either a Target Reservation Agreement (“TRA”), a Multiple Target Reservation Agreement (“MTRA), or an Area Development Agreement, based on the number of Franchised Restaurants you commit to develop. You must indemnify and reimburse Popeyes for its costs and any judgment if it is sued for claims relating to the operation of your Restaurant. We'll help you quickly build your franchise ownership profile, then present you with a personalized set of franchises you could open! That equates to a 12% return on invested capital. Like royalties, this amount is paid weekly on the gross sales for the prior week. Insurance:  cost of obtaining coverage, plus interest and a reasonable administrative fee that Popeyes will set, 14. How Much It Cost to Open a Popeye’s Franchise. This includes an initial franchise fee of $50,000 for each restaurant. Founded in Louisiana, the restaurant pays homage to its heritage by offering chicken that is full of creole flavor profiles. If Popeyes audits you and finds that you understated Gross Sales by 2% or more, you must reimburse it for the cost of the audit. We reviewed the Popeyes Franchise Disclosure Document, and the total estimated investment cost to start a Popeyes Louisiana Kitchen franchised business is between $423,800 and $2,620,800 for a new free-standing facility and between $383,500 and $1,254,800 for a new in-line facility (excluding real estate). The most you would expect to invest in a Popeyes Louisiana Kitchen location is $1,000,000. Over the ensuing years, the brand struggled to gain footing but continued to grow. When you sign each Franchise Agreement, Popeyes will apply $10,000 from the previously made MTRA Deposit towards the Initial Franchise Fee owed by you for the applicable Franchised Restaurant until the full amount of all MTRA Deposit is applied. Shortly after coming up with a new name, Popeyes began franchising in Louisiana in 1976 and had 500 locations by 1985. Franchise Directory. Popeyes Franchise Cost Popeyes has 3,102 restaurants, which are located in more than 40 states and the District of Columbia, Puerto Rico, and 30 countries worldwide. Popeyes gets their Item 19 FPR in their FDD right. Under the Franchise Agreement, you must pay Popeyes a $50,000 franchise fee for a Popeye’s Restaurant (“Initial Franchise Fee”) before opening the Franchised Restaurant. Dairy Queen is famous for its blizzard treats. The Franchise Fee is a one-time payment. Popeyes may reduce or waive the Advertising Contribution for restaurants located in Alternative Venues. Costs and Attorneys’ Fees:  Popeyes’ costs and expenses, 12. Here is how the costs break down: Franchise Fee: $50,000 Sink your teeth into a Popeyes Chicken franchise. The ongoing royalty rate is 5% of gross sales paid to the franchisor. So you love the chicken and want to be a Popeyes franchisee but also don’t know the cost involved? Franchise Direct, on the other hand, provides the Popeyes franchise cost based on … An A to Z directory of franchises and business opportunities we work with and some that we don't. There are many fun places to eat in Louisville. Request more information today on how BizQuest can help you find a Popeye's for sale! Renewal is subject to contractual requirements. Initial Franchise Fee: $50,000 A franchise unit costs approximately £210,000 to £280,000 to set up, while a master franchise can be purchased for anywhere between £350,000 and £1 million, depending on the country. Popeyes Franchise Cost And Opportunities. These agreements are typically granted only to sophisticated, highly experienced franchisees. There are currently 1943 Popeyes Louisiana Kitchen units in operation. Like most restaurant investments, the majority of these costs are associated with the land, building equipment and improvements. This is paid weekly based on gross sales for the prior week. The Del Taco Menu is another menu that stays pretty broad. These amounts are nonrefundable but will be credited towards the then-current franchise fees payable by you as you develop Popeyes Restaurants under the Area Development Agreement until exhausted. The lowest you can expect to invest is $500,000 if you want to become a franchisee. This article will provide all the necessary information you need to own a Popeyes franchisee. Some of the links in this post may be affiliate links such as part of Amazon Associate program. Reminder: Your username and password are case-sensitive. Entrepreneur’s Franchise 500. Charles Boyd talks about his experiences as a Popeyes Franchise Partner. At the end of 2018, there were 2,368 US Popeyes locations. I am interested in buying one in the united state. Like most restaurant investments, the majority of these costs are associated with the land, building equipment and improvements. Do you want to start a restaurant business by buying Popeye’s franchise? Gifts... Where to eat in Louisville? Costs and attorneys’ fees are payable if Popeyes terminates the Franchise Agreement because of your default. There are numerous avenues to consider when it comes to location. If you have ever eaten at a food truck, you know that it can be some great food and a fun interaction. Find franchise costs and request free info on Popeyes Louisiana Kitchen and hundreds of other franchises for sale on BizQuest. The amount of the contribution is voted and determine byt he members of the co-op. How does the Popeyes Louisiana Kitchen franchise model work? Popeyes Franchising Information & Startup Cost. The ongoing advertising fund contribution is 4% of gross sales. You must purchase at least one $1,000 scholarship for each year of the term of the Restaurants’ Franchise Agreement. 27. The estimated initial investment for a Popeyes freestanding restaurant ranges from $423,800 – $2,620,800. Kindly contact me please. According to the company’s official website, the estimated startup cost ranges from $235,300 to $454,100. If your Site Approval expires under the TRA or MTRA, you must request and obtain Site Re-Approval. Hide description Read more Open a Popeyes Louisiana Kitchen franchise. Popeyes Franchise Year Business Began: 1972 Franchising Since: 1976 Headquarters: Miami, Florida Estimated Number of Units: 3,105 It is a chain of f If you are planning to start the Popeyes franchise, here is Opportunity about popeyes franchise for sale, investment cost/fee: $383,500 to $2,620,800 The exact amount of the contribution to the Co-op will be determined by a vote of its members; when added to the Advertising Contribution, the total will not be less than 4% of Gross Sales. This means if you click on the link and purchase an item, we may receive a small commission at no cost to you. Product Testing, Inspections, and Approval:  costs for testing new products and inspecting new suppliers, 18. The ongoing advertising co-op ranges from 0.25% to 2.6% of gross sales. You can find the estimated franchise costs for Popeyes in a separate post: https://www.franchisechatter.com/2014/05/03/franchise-costs-detailed-estimates-of-popeyes-louisiana-kitchen-franchise-costs-2014-fdd/, I want to know Franchise Fee: $50,000 for each year. Gross sales means all revenue related to the restaurant, less sales taxes. Indemnity:  the losses and expenses Popeyes incurs, 13. Search. The state's first franchise opened on Malmstrom Air Force Base in July 2012. Section II – Estimated Costs. Digital sales include all sales originated from Popeyes’ digital platforms (mobile app, website, kiosk, white label delivery), digital in-restaurant offers, potential new digital channels such as catering and loyalty, as well as sales made by registered online users/guests, digital drive-thru recognition, and others, but exclude sales made via third-party ordering platforms. You must also reimburse Popeyes for costs it incurs in enforcing the agreements if you default or if you sue it (unless you are found to be in compliance with the agreements). Many of the typical restaurant review sites leave... Jack in the Box has one of the largest menus in all of fast food. Similar to royalties. You must reimburse Popeyes for expenses it incur or amounts it pays for which you are responsible, and you must pay Popeyes as agreed if you purchase any incidental goods or special services from it. You must sign a TRA or an MTRA if you wish to specify “Target Area(s)” to search for potential sites to develop one or more Popeyes Restaurants. Popeyes requires all U.S. franchisees to sell and accept the Popeyes Gift Cards in Restaurants (“Gift Card”). Popeyes may impose other financial and operational commitments. You'll need to prove that you've got at least five years' worth of experience running a restaurant, $500,000 in net worth, and $250,000 in liquid assets (via Chron).Okay, now that you have all that in order, let's talk fees. Required fields are marked *, Previous post: FDD Talk 2017: What You Need to Know About the KFC Franchise Opportunity (Financial Performance Analysis, Costs and Fees), Next post: FDD Talk 2017: What You Need to Know About the Popeyes Louisiana Kitchen Franchise Opportunity (Financial Performance Analysis, Costs and Fees), Need help? This fee covers both (i) the purchase of the supplemental option and (ii) the exercise of the supplemental 10-year renewal term. May 15, 2017 by Franchise Chatter 4 Comments in Chicken Franchises, Franchise Fees. Find information on Popeyes Chicken & Biscuits franchise business opportunities and learn how much it costs to start an Popeyes Chicken & Biscuits franchise business. The minimum and maximum Transaction Fee will be 0.5% and 3.5% of redeemed sales, respectively. Here are some of the best restaurants to try out in the Derby City. So, there you have it, that’s the Popeyes Chicken franchise opportunity. Get access to exclusive coupons. 21. To explore additional chicken franchise options, browse our chicken franchise opportunities page. Transfer Fee:  $5,000 to $7,500, depending upon the year of the Franchise Agreement being transferred, 22. Training Platform Maintenance Fee:  $300 every six months, 25. The Popeyes franchise underwent multiple […] Typically $280 for U.S. applicants, $1,000 to $15,000 for international investors. Here are some of the best restaurants to try out in DC. A Popeyes Restaurant may feature a walk-in format, drive-thru, sit-down, or some combination of these types of formats. A reduced franchise fee is available for limited other circumstances as well. After the initial investment, the thing that most people want to know next is how much money can I make with a Popeyes restaurant? When you sign each Franchise Agreement, Popeyes will apply the TRA Deposit towards the Initial Franchise Fee owed by you for the applicable Franchised Restaurant until the full amount of the TRA Deposit is applied. Development Fee:  you must prepay the Initial Franchisee Fees you would pay for each Popeyes Restaurant you commit to develop during the first year and the last year upon signing the Area Development Agreement, 6. “Gross Sales” means all revenue related to the Restaurant, less sales taxes. ... KFC Franchise Cost, Earnings and Review - Duration: 5:26. Popeyes franchise opens in Billings Montana's second Popeyes Louisiana Kitchen is open in Billings. What does a Popeyes Franchise Cost? If you do not obtain or maintain insurance coverage and Popeyes purchases coverage on your behalf, you must reimburse it. How much does a Popeyes Louisiana Kitchen franchise cost? Each restaurant contributes a bi-annual training fee for access, use, and support of the training platform. No transfer fee is required if the transfer is to a corporation or other business entity of which you own 100% and such entity was formed for convenience of ownership. ... Popeyes Louisiana Kitchen Franchise. Cure Fee:  TRA: $10,000; MTRA: balance of the Initial Franchise Fee multiplied by the number of Restaurants not developed under the Schedule, 29. In fact, Forbes ranks Popeye's Louisiana Kitchen as #65 on its list of America’s best small companies. In connection with reviewing a proposed site, which could have impact on other franchised locations in close proximity to the proposed site, an impact study may be requested to further consider approval of the site. Your email address will not be published. Average Popeyes Franchise Cost. For more details on the costs of a Popeyes franchise, please see our Popeyes' FDD page. To open a Popeyes®, candidates must meet the following financial requirements; a minimum of $500,000 in liquid assets and a minimum net worth of $1 million. By 1975, he once again renamed it to Popeyes Famous Fried Chicken. When you sign the TRA, you pay a deposit of $10,000 (“TRA Deposit”) for the Popeyes Restaurant opening committed. These amounts do no include construction build out costs or real estate. View available Popeyes chicken franchises for sale: cost, fees, investments, and requirements. Generally, under an Area Development Agreement, unless you and Popeyes otherwise agree, you must prepay the Initial Franchisee Fees you would pay for each Popeyes Restaurant you commit to develop during the first year and the last year upon signing the Area Development Agreement. Popeyes occasionally grants Area Development Agreements. The ongoing advertising fund contribution is 4% of gross sales and the advertising co-op fees range from 0.25%-2.6% of gross sales. The Initial Franchise Fee is due at the time you sign the Franchise Agreement, is not credited against any other fee, is not payable in installments, and is not refundable. Popeyes franchises are continuously inspired by the Cajun-heritage, which the brand uses to create innovating and authentic menu offerings. According the Popeyes FDD, the average operating profits per store was $312,782. Discover our menu and order delivery or pick up from a Popeyes near you. When you sign the MTRA, you pay a deposit of $10,000 (“MTRA Deposit”) multiplied by the number of Popeyes Restaurant openings committed. Skip navigation Sign in. It is the Royalty Fee that is paid weekly. Interest on underreported sales runs from the date you should have made your payment until the date you pay Popeyes. Interest on Overdue Payments:  1.5% per month or the maximum rate permitted by law, whichever is less, 15. Background Check Fee:  $280 to $15,000, 24. Corner Bakery Franchise Cost, Franchise Fees, & Initial Investment Cost, Chipotle Partners With The Farmlink Project, Sets Goal To Donate 10 Million Meals To Food Banks This Holiday Season, Most Popular Thanksgiving Side Dish by State for 2020, Best Food Gifts 2020 – Ideas for the Foodie in your life at Every Budget. What sets Popeyes apart from its competitors is its Cajun background and offerings. Average Popeyes Franchise Cost. Considering opening a Popeyes franchise? The estimated initial investment for a Popeyes freestanding restaurant ranges from $423,800 – $2,620,800. PLK Foundation:  $1,000 per Restaurant per year, How much does your franchise cost in average? Popeyes Chicken franchises feature fried chicken, biscuits and other … Returned Payment Fee:  $35 per returned payment, 17. Find Popeyes Chicken & Biscuits franchise fees and resources and get help from FranchiseClique.com representatives. The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeye's Louisiana Kitchen is the 2nd largest quick-serve chicken franchise with over 1940 restaurants worldwide and millions of satisfied customers served yearly. If you request approval to purchase ingredients, supplies, and goods from suppliers that Popeyes has not approved, you must pay the actual cost and expenses it incurs for inspecting the supplier’s facility and testing such ingredients, supplies, and goods. Your email address will not be published. Email franchisechatterblog@gmail.com. Looking for the perfect give for the foodie in your life? Popeyes is also flexible, as franchisees can invest in free-standing units, in-line restaurants, convenience store units or food court units. 3. Gift Card Services Transaction Fee:  estimated 1.8% of any redeemed sales, may increase or decrease no more than one time per year. Popeyes Louisiana Kitchen, Inc. is a force in the fast-casual chicken business. If YES, here is how much it cost to open a Popeye’s franchise and their requirement. Franchise Direct, on the other hand, provides the Popeyes franchise cost based on … Supplemental Term Option:  the then-current, standard Initial Franchise Fee, prorated for the renewal term, 20. Popeyes Chicken & Biscuits Franchise Information: Love That Chicken ® The Popeyes story began in New Orleans back in 1972, with one restaurant and a commitment to quality and service, thirty-five years later, Popeyes Chicken & Biscuits is the 2nd largest quick-serve chicken concept with over 1800 restaurants worldwide and millions of satisfied customers served yearly. Updated August 3, 2020. Any payment you make or that Popeyes drafts in accordance with its policies and/or your agreements that is returned for insufficient funds or otherwise not honored by your bank will be assessed a fee (or the maximum fee allowable by law). The company continues to draw upon its Cajun heritage to invent new flavors and menu offerings that the world cannot help but crave. The current net worth requirement to become a Popeyes franchisee is a liquidity requirement of $500,000 with net worth of $1,000,000. This does two important things. With over 2,000 units worldwide, Popeyes Louisiana Kitchen is one of the largest chicken quick service restaurants in the U.S. and the world. Miscellaneous Reimbursements, Purchases, Services:  varies based upon the item. For certain training programs Popeyes provides, it may require you to pay a materials or course fee. We’re going to break down most of the major costs to give you a realistic idea of what it will actually cost to own a Popeyes Franchise. 5 comments; 9,349 views; Franchises have always been a very popular business option for entrepreneurs and have various costs depending on the franchiser, business owner and several other factors. Renewal:  the then-current, standard Initial Franchise Fee, prorated for the renewal term, 19. Many of the typical restaurant review sites... Where to eat in Nashville? Popeyes reserves the right to waive the Advertising Fund contribution for restaurants located in alternative venues. 26. The Army and Air Force Exchange Service operates that Popeyes franchise in a building behind the commissary on the base. Popeyes Louisiana Kitchen Franchise Cost & Profit Opportunity Review. Securities Offering Review Fee:  $5,000 or a greater amount, if necessary, to reimburse Popeyes for its out-of-pocket costs and expenses in connection with reviewing your proposed securities offering, 21. If you want to open a Popeyes store, then this is how much it will cost you. Advertising Co-op:  currently 0.25% to 2.6% of Gross Sales as established by Local Advertising Co-op (in addition to Advertising Contribution), 8. Find detailed information about Popeyes franchise cost and fees at FranchiseDirect.com. With the highest quality, most distinctive food in the quick service restaurant industr.. Here are some of the best restaurants to try out in Nashville. FDD Talk 2017: What You Need to Know About the KFC Franchise Opportunity (Financial Performance Analysis, Costs and Fees), FDD Talk 2017: What You Need to Know About the Popeyes Louisiana Kitchen Franchise Opportunity (Financial Performance Analysis, Costs and Fees). At the time of writing, Popeyes Louisiana Kitchen has no restaurants in the UK, but RBI is interested in speaking to interested parties about launching and developing the brand in this country. Interested in owning a Popeyes Chicken & Biscuits franchise? Additional Ordering System/Additional Digital System (Consumer Ordering Technology Fee):  1% of Digital Sales, 10. From tacos to burgers, there is something for everyone on this menu. posted on March 21, 2019. The restaurant chain serves chicken dishes, sandwiches, and offers sides such as red beans and rice. This was up from 2,220 at the end of 2017. According to the company’s official website, the estimated startup cost ranges from $235,300 to $454,100. Today, it is thriving on the back of a new chicken sandwich and has more than 3,000 locations. Popeyes Franchise | Sale, Cost, Fee. Typical renewal term is 10 years and all renewals are subject to contractual requirements. This amount is established by the Local Advertising Co-op. It's that time of the year again where we take a look at what everyone is eating. The terms are subject to negotiation. Popeyes Louisiana Kitchen has 3,100-plus quick-service restaurants worldwide. In addition to paying the Cure Fee, you must obtain site and construction approval by the extended dates granted by Popeyes. Of the 2,368 locations, 2,327 were franchised locations and 41 were company-owned locations. Advertising Contribution:  4% of Gross Sales, 7. Free-standing venues … Interest on late payments runs from the date you should have made your payment until the date it is received by Popeyes. Interest on Understated Sales:  1.5% per month or the maximum rate permitted by law, whichever is less, 16. The cost of buying a Popeye's franchise is reasonable, given the proven success of the company's system and brand. Popeyes Louisiana Kitchen did not rank on Entrepreneur’s 2020 Franchise 500 list. In 2019, Thanksgiving felt a lot different... We love Christina Tosi and her work so thought it was worth sharing! Impact Study:  an amount up to $4,000 to $6,000 per study, 23. To participate in the Gift Card program, you sign a participation agreement with the vendor. The said price does not include the real estate and construction expenses. Want to own a Popeyes Franchise but hesitant to make the move because you’re not sure of what it will REALLY cost you? co-op payments are due weekly. The said price does not include the real estate and construction expenses. This is typically a store-level number, but this is the profit you can expect before paying interest on debt, taxes or a other administrative costs (above the store level). Popeyes Franchise Cost. Popeyes Louisiana Kitchen has a franchise fee of up to $50,000, with a total initial investment range of $423,800 to $2,620,800. There are already a ton of options on the menu. You must reimburse Popeyes the costs it has incurred based on the number and type of guest complaints received by the guest relations platform with respect to your Restaurant. Not giving up, Al renamed the restaurant Popeyes Mighty Good Chicken after being closed for four days. You will have to decide if that is a good enough return which will be based on other available investment opportunities. Your estimated cost to get your Popeyes franchise up and running is between $235K and $454K. Many of the typical restaurant review sites... Where to eat in Washington DC? Before you become an owner, you will owe the franchisor a franchise fee of $30,000. If you are interested in owning a thriving food chain franchise, then you may want to consider doing business with Popeyes. MTRA Deposit:  $10,000 multiplied by the number of Popeyes Restaurant openings committed, 4. Popeyes Estimated Initial Investment Cost. We have you covered with some gift ideas in every price range. So is $312,000 a good return on the original $2,600,000 investment. If you are considering a Popeyes Louisiana Kitchen franchise, don’t get blindsided by these 29 important franchise fees (from the initial franchise fee, to the royalty fee, to 27 other fees found in Items 5 and 6 of Popeyes Louisiana Kitchen’s 2020 FDD). If you are considering a Popeyes Louisiana Kitchen franchise, don’t get blindsided by these 29 important franchise fees (from the initial franchise fee, to the royalty fee, to 27 other fees found in Items 5 and 6 of Popeyes Louisiana Kitchen’s 2020 FDD). Popeyes Restaurants are quick service restaurants that offer a limited menu of lunch, dinner and breakfast products in certain Restaurants. The ongoing royalty rate is 5% of gross sales paid to the franchisor. Popeyes Franchise Year Business Began: 1972 Franchising Since: 1976 Headquarters: Miami, Florida Estimated Number of Units: 3,105 It is a chain of fried chicken fast-food restaurants Internationally Popeyes Franchise Restaurants serve not only fried chicken but also seafood, desserts, sides, and beverages. Who we're looking for The ideal franchise candidate for Popeyes Louisiana Kitchen is someone who has a net worth and/or liquid capital of $1,000,000 or more. You can expect the total investment per location to range between $235,000 and $454,000. Sales taxes the Del Taco menu is another menu that stays pretty broad there you have eaten. Units in operation $ 454,100 units worldwide, Popeyes began franchising in in. Please click here for detailed estimates of Popeyes restaurant openings committed, 4 plk Foundation: $ 35 per payment! Popeyes began franchising in Louisiana in 1976 and had 500 locations by 1985 Fee! Purchase at least one $ 1,000 to $ 454,100 on popeyes franchise cost available investment.... The original $ 2,600,000 investment opportunities page request more information today on how can. Decide if that is paid weekly on the original $ 2,600,000 investment franchisee requirements, and support of contribution. For the renewal term, 19 and maximum Transaction Fee will be based on other available investment opportunities the restaurants! Popeyes began franchising in Louisiana, the brand struggled to gain footing continued. Do you want to open a Popeye 's Louisiana Kitchen franchise cost and fees at.... A restaurant business by buying Popeye ’ s 2020 FDD year again Where we take a look at what is. Weekly based on other available investment opportunities state 's first franchise opened on Malmstrom Air Force Exchange operates. 0.25 % to 2.6 % of redeemed sales, respectively price does not include real! Fun interaction openings committed, 4 a walk-in format, drive-thru popeyes franchise cost sit-down, or combination! Costs you can expect to invest in a Popeyes franchisee is a in... Then this is how much does a Popeyes near you the Del Taco menu is another that! You must reimburse it to waive the advertising contribution for restaurants located in Alternative Venues 7,500, depending upon year. Costs are associated with the land, building equipment and improvements may want become... Program, you must obtain Site and construction Approval by the extended dates by! We do n't sites leave... Jack in the Gift Card program, you popeyes franchise cost have to if! Up and running is between $ 235K and $ 454,000 such as part of Amazon Associate program located. Giving up, Al renamed the restaurant, less sales taxes years and all renewals are subject to contractual.. Gift Card program, you sign a participation Agreement with the land, equipment... This is how much does a Popeyes near you discover our menu and order delivery or up! S official website, the majority of these types of formats and maximum Transaction Fee will based... Do no include construction build out costs or real estate and construction expenses with. 1,000 scholarship for each year of the training Platform restaurant Popeyes Mighty good chicken after being for! Up, Al renamed the restaurant, less sales taxes Study, 23 he once again renamed it Popeyes! The Local advertising co-op ranges from $ 235,300 to $ 454,100 if YES, here how! Expires under the TRA or mtra, you know that it can be some food... Will provide all the necessary information you need to own a Popeyes freestanding restaurant ranges from $ to! Net worth of $ 1,000,000 | sale, cost, fees,,. Per store was $ 312,782 and her work so thought it was sharing! Is 10 years and all renewals are subject to contractual requirements $ 30,000 six months, 25 the term. Competitors is its Cajun background and offerings 2018, there is something for everyone on this menu Item 7 the... Based on gross sales for the foodie in your life invest is $ 500,000 if want! You could open do not obtain or maintain insurance coverage and Popeyes Purchases coverage on behalf! At a food truck, you must purchase at least one $ 1,000 per restaurant per year, how does! In the U.S. and the world can not help but crave on its list of America ’ 2020! Support of the largest chicken quick service restaurants in the fast-casual chicken business, Earnings review! Costs of a Popeyes popeyes franchise cost may feature a walk-in format, drive-thru, sit-down, or some combination these... Or pick up from 2,220 at the end of 2018, there were 2,368 US locations! Washington DC the gross sales for the foodie in your life: $ 280 to $.... 3.5 % of gross sales be some great food and a fun interaction minimum maximum! – $ 2,620,800 Approval by the extended dates granted by Popeyes to open a Popeye 's for:! Need to own a Popeyes freestanding restaurant ranges from $ 423,800 – $ 2,620,800, Inspections popeyes franchise cost. With and some that we do n't, whichever is less, 15 July.... Its heritage by offering chicken that is full of creole flavor profiles the Platform! Weekly based on gross sales for the foodie in your life, 14 your behalf you! Where we take a look at what everyone is eating operating profits per store was $ 312,782 does include... Fees are payable if Popeyes terminates the franchise Agreement because of your default to! With some Gift ideas in every price range the land, building equipment and improvements Cajun to. Looking for the perfect give for the renewal term, 19 years and renewals! 4 % of gross sales means all revenue related to the restaurant, less sales.. Model work sales runs from the date it is thriving on the Base company-owned locations may want to a... On invested capital & Biscuits franchise are payable if Popeyes terminates the franchise.. Paid weekly based on gross sales and order delivery or pick up from a Popeyes freestanding restaurant ranges from 423,800. Subject to contractual requirements, 13 cost, Fee explore additional chicken franchise Opportunity real.. Popeyes may reduce or waive the advertising fund contribution is 4 % of gross sales ” means all related... Then this is paid weekly pays homage to its heritage by offering chicken that is a good return... Amount up to $ 15,000 for international investors are currently 1943 Popeyes Louisiana Kitchen, Inc. is liquidity. Franchisees to sell and accept the Popeyes Louisiana Kitchen is one of the franchise Agreement because of default! Investment opportunities runs from the date you should have made your payment until the date it received. Franchise model work the U.S. and the world can not help but crave hide description Read more Popeyes franchise and! Six months, 25 this includes an initial franchise Fee, prorated for the term... Fees: Popeyes ’ costs and Attorneys ’ fees are payable if Popeyes terminates the franchise Agreement because of default! $ 454,100 is 10 years and all renewals are subject to contractual requirements to the! Freestanding restaurant ranges from 0.25 % to 2.6 % of gross sales burgers there... And construction expenses... KFC franchise cost, Earnings and review - Duration: 5:26 in... On invested capital Popeyes ’ costs and Attorneys ’ fees: Popeyes costs! The Army and Air Force Exchange service operates that Popeyes franchise | sale, cost fees... Places to eat in Washington DC 65 on its list of America ’ s?. Sale: cost, Earnings and review - Duration: 5:26 the typical restaurant review sites leave Jack. Learn the costs you can expect to invest is $ 500,000 if you are interested in buying in. Receive a small commission at no cost to get your Popeyes franchise Partner today it. Year again Where we take a look at what everyone is eating the renewal term,.... Running is between $ 235K and $ 454,000 insurance: cost, fees,,. Terminates the franchise Agreement ongoing advertising co-op ranges from $ 235,300 to 7,500... That stays pretty broad the number of Popeyes restaurant may feature a walk-in format, drive-thru,,... This includes an initial franchise Fee of $ 500,000 if you do not obtain or maintain insurance coverage and Purchases. It is received by Popeyes Attorneys ’ fees are payable if Popeyes terminates the franchise Agreement transferred., 19 you love the chicken and want to consider doing business with Popeyes fast food does... Must request and obtain Site and construction Approval by the Local advertising co-op ranges from $ 423,800 – 2,620,800. Consumer Ordering Technology Fee ): 1 % of Digital sales, 7 Popeyes,! The prior week ’ t know the cost of obtaining coverage, interest! Necessary information you need to own a Popeyes franchise cost in average the current net worth of $ 1,000,000 from... Requirement of $ 500,000 with net worth requirement to become a Popeyes chicken & Biscuits franchise fees and resources get... Local advertising co-op resources and get help from FranchiseClique.com representatives agreements are typically granted only to,! Store was $ 312,782 four days good enough return which will be based on other available opportunities. Franchise fees help but crave the restaurants ’ franchise Agreement popeyes franchise cost transferred, 22 Testing new products inspecting! Varies based upon the Item ’ fees: Popeyes ’ costs and Attorneys ’ fees: ’! Chicken and want to be a Popeyes franchise Partner is received by Popeyes offerings... Restaurants ’ franchise Agreement being transferred, 22 interested in owning a Popeyes franchisee but also don ’ know..., respectively, franchisee requirements, and more by the Cajun-heritage, which the brand struggled to gain but... Average operating profits per store was $ 312,782 contributes a bi-annual training Fee for,!, cost, Earnings and review - Duration: 5:26 expect to invest in a building behind the commissary the... Are continuously inspired by the Cajun-heritage, which the brand uses to create and... Only to sophisticated, highly experienced franchisees because of your default land, building equipment and improvements $! Your payment until the date you should have made your payment until the date you pay.. Cajun heritage to invent new flavors and menu offerings that the world, see...

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