Popeyes – Franchise Review

04-07-2022

Popeyes Chicken & Biscuits, sometimes also called Popeyes Louisiana Kitchen and more commonly known as Popeyes, is a restaurant chain that specializes in fried chicken and fast food. Starting its franchise in 1972, it is owned by AFC Enterprise which is a company based in Georgia. Today Popeyes Chicken & Biscuits has a presence in nearly 40 states with some 1,800 restaurants.

If we go back to its origin and history, we will have to go back to the year 1972, when Al Copeland launched “Chicken on the run”, a chicken fast food restaurant. This restaurant served mild fried chicken but it wasn’t very successful, so Copeland decided to serve a slightly spicier version of his chicken and soon named his restaurant Popeyes.

The first franchise was started in Louisiana. In 1984 Popeyes began to expand globally capturing markets such as Canada. In a very short time, Popeyes opened its 500th restaurant and became an industry leader. Popeyes continued to grow and in the year 1993 AFC took over Popeyes. In 1996 it opened its 1,000th restaurant. Popeyes has also been named “Best Fried Chicken” in many local markets.

Franchising is not just about taking royalties or using any brand name developed, it is about joining your business and helping yourself and the franchise grow. An initial Popeyes franchise fee is $30,000. And the total investment can go from $695,500 to $1,008,500. The term of the agreement will be valid for 20 years.

Of course, when you’re looking to start any business, it’s important, particularly considering today’s market, that you look for specific ways to reduce, minimize, or reduce overhead and risk. Any business is going to have risks, but it is important to have a full understanding of the amount of investment, the initial cost and the “ROI” (Return on Investment).

Most people are not aware that 80% of ALL franchise efforts fail within the first two to five years, leaving huge debts in the offing for years to come.

One way and in my opinion the best way to reduce your overhead, start-up and investment costs is to take advantage of the new age of entrepreneurship and start a business from the comfort of your home. Opportunities have arisen in the online market that are creating millionaires every day. Learn more about the exciting opportunities associated with a profitable business model by visiting: http://whatsbetterthanafranchise.com.

Leave a Reply

Your email address will not be published. Required fields are marked *