Popeyes

Popeyes is an American multinational chain of fried chicken fast food restaurants founded in 1972 in New Orleans, Louisiana. Since 2008, its full brand name is Popeyes Louisiana Kitchen, Inc., and it was formerly named Popeyes Chicken & Biscuits and Popeyes Famous Fried Chicken & Biscuits. It is currently a subsidiary of Toronto-based Restaurant Brands International.

According to a company press release dated June 29, 2007, Popeyes is the second-largest “quick-service chicken restaurant group, measured by number of units”, after KFC. 3,102 Popeyes restaurants are in more than 40 states and the District of Columbia, Puerto Rico, and 30 countries worldwide. About thirty locations are company-owned, the rest franchised.

Subsidiary
Private
Private
± $206 M(2013)
Restaurants
1972
Atlanta, GA
www.Popeyes.com
± 2,600
NNN or Ground Lease
20 Years
±2,200
± $97,000
10% Every 5 Years
± $1,420,000
Image Address Type Risk Type City St County Map Built Price Square Feet Price/ ft NOI Cap Rate Occupancy Avg NNN Land Size # Tenants Avg Term Avg HH Income Major Tenants