Popeyes Louisiana Kitchen FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a quick-service restaurant specializing in the sale of fried chicken, seafood and other quick service food under the name “Popeyes Louisiana Kitchen”.
Corporate Information
Popeyes Louisiana Kitchen, Inc was formed as a Minnesota corporation on July 27, 1992 under the name America’s Favorite Chicken Company. They changed their name to AFC Enterprises, Inc. on October 7, 1996 and to Popeyes Louisiana Chicken, Inc. on January 17, 2014. They do business under their corporate name and under the names “Popeyes Chicken & Biscuits” and “Popeyes Louisiana Kitchen”. Their principal business address is 5707 Blue Lagoon Drive, Miami, Florida 33126. They have operated and franchised Popeyes Restaurants since November 5, 1992. The first Popeyes Restaurant opened in New Orleans, Louisiana in 1972 and their predecessors began selling franchises for Popeyes Restaurants in 1976.
Investment
The total investment necessary to begin operation of a Popeyes Louisiana Kitchen franchised business, exclusive of real estate costs, is between $1,188,500 and $3,875,700 for a new free-standing facility, and between $471,000 and $1,900,700 for a new in-line facility. This includes a franchise fee of up to $50,000 for each Franchised Restaurant that must be paid to the franchisor. You may be eligible to sign a Development Agreement to develop more than one Franchised Restaurant pursuant to a Development Schedule, in which case you will pay to us $50,000 multiplied by the number of Franchised Restaurants you must develop and have open for business. At that time, you must also pay the franchisor between $5,000 and $20,000. If you sign a Multiple Target Reservation Agreement, you must pay to the franchisor a deposit of $25,000 multiplied by the number of Franchised Restaurants you must develop and have open for business. At that time, you must also pay the franchisor between $1,000 and $2,500.
