How much does a Popeyes franchise owner make?

How much does a Popeyes franchise make a year? Average sales for a franchised freestanding Popeyes restaurant total $1,922,817 per year, and the average operating profit for such a restaurant comes to $460,418 (Item 19, FDD 2021).

How much money do you need to open a Popeyes franchise?

The initial franchise fee for a Popeyes restaurant is $50,000 and the total estimated investment per location is between $235,000 and $454,000.

What is profit margin on Popeyes?

1- Based on a midpoint investment of $1,984,800 with estimated profits of $132,138 at a 10% profit margin it would take about 15 years to recoup your investment.

How much revenue does Popeyes make?

PLK Systemwide sales

2021: In 2021, Popeyes generated $579 million in net revenues and $5.5 billion in systemwide sales compared to $556 million in net revenues in 2020 and $5.143 billion in systemwide sales.

Who owns the most Popeyes franchise?

Dhanani Group is the largest franchisee in the Popeyes system, as well as a giant Burger King franchisee, making it the nation's third-largest restaurant franchisee, with 2015 revenues of $871 million, according to trade publication Franchise Times.

How Much Money Popeyes Franchise Owners Make - Popeyes Franchise Cost #franchise Louisiana Kitchen

What is Popeyes net worth?

On February 21, 2017, Restaurant Brands International announced a deal to buy Popeyes for US$1.8 billion.

Is Popeyes chicken Black Owned?

Popeyes was never a black owned food chain it was a new orleans based company owned by Al Copeland a rich white man.

How much does it cost to own a Chick-fil-A?

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

How much does Chick-fil-A make a year?

The average Chick-fil-A restaurant produces $5.3 million in gross annual sales.

How much money did Popeyes make in 2020?

The numbers are massive. Popeyes 2020 systemwide sales were $5.143 billion. In 2019, they were $4.397 billion.

What makes Popeyes successful?

The culinary creativity further spurred the chain's resurgence, reinforcing Popeyes' Louisiana brand heritage and providing the quick serve a strong point of differentiation. Same-store sales and profitability began ticking upward in 2009 as the brand's marketplace positioning became more clear and distinctive.

Is Popeyes growing?

Popeyes grew to 3,705 stores globally last year compared to 3,451 stores in 2020, marking a 7.4% growth rate in 2021 compared to a roughly 4% growth rate in 2020, according to the company's full-year 2021 earnings release.

What does a Krispy Kreme franchise cost?

Getting into a Krispy Kreme franchise is not inexpensive. Franchisees can expect to spend anywhere from $440,000 to $4.1 million in initial investment fees, depending on the type of store format they choose.

How much is a Dunkin Donuts franchise?

Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum. Liquid capital: $250,000 minimum.

How much is a Starbucks franchise?

In order to open a licensed store, you have to pay approximately around $315,000. Starbucks has over 10,000 outlets worldwide. Of which around 4,400 are licensed stores. Visit their website for further details on how to obtain their licensed stores.

What's the highest paying fast-food job?

In-N-Out Burger pays the highest average hourly wage of all fast-food joints, with customer service associates earning an average of $17 an hour and top earners making $24 an hour. This is an established company with more than 70 years in the game and over 280 stores. Browse In-N-Out Burger jobs on Jobcase.

What does a Chick-fil-A owner make?

Chick-Fil-A Franchise Owner Salary

Owners make $200,000 to $240,000 per year on average after considering annual fees. Chick-fil-A restaurants produce around $5.3 million in annual sales on average so between 5% – 7% of total sales will hit the bottom line after expenses.

How hard is it to get a Chick-fil-A franchise?

Chick-fil-A is incredibly picky when choosing operators.

According to AOL, the company only accepts about 75 to 80 new franchises each year, despite the fact that it receives around 20,000 applications on an annual basis. That means about 0.4 percent of applicants get approved.

How Much Is a Subway franchise?

Subway is one of the cheapest major fast-food restaurants to franchise. Subway's fee for becoming a franchisee is $15,000, and startup costs, which include construction and equipment leasing expenses, range from $116,000 to $263,000, according to the company.

Does it cost $10000 to own a Chick-fil-A franchise?

Chick-fil-A franchise operators pay just $10,000 to open a new restaurant in the US. About 60,000 people apply for a franchise each year, and less than 1% of them are eventually chosen.

What state has the most Popeyes?

How many Popeyes locations are there in the United States in 2022? There are 2,822 Popeyes locations in the United States as of June 20, 2022. The state with the most number of Popeyes locations in the US is Texas, with 395 locations, which is 13% of all Popeyes locations in America.

Where does Popeye get their chicken?

At Popeyes, “Love that chicken” means so much more than the food. We're committed to sourcing 100% cage-free eggs in the US by the end of 2025. We like our food to taste like home. For Popeyes restaurants in the US*, all our chicken comes from American farms.

Who is the CEO of Popeyes?

Cheryl A. Bachelder is chief executive officer of Popeyes Louisiana Kitchen, Inc.