Popeyes Chicken Real Estate For Sale

Popeyes NNN Properties

Famed chicken eatery Popeyes is today the second-largest quick-service chicken restaurant group and has been serving millions of customers since its inception. It's brand is famous for providing authentic Louisiana kitchen cooking. 

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Established in 1972 in New Orleans, Louisiana, Popeyes quickly became a popular fast-food restaurant both in the US and worldwide. The restaurant chain is currently a subsidiary of Toronto-based Restaurant Brands International — a multinational fast food holding company that has other subsidiaries like Tim Hortons. 

Popeyes, as of 2020, has 3102 restaurants across the world. The company is actively serving people in more than 40 states and 30 countries worldwide. Approximately 30 of these locations are company-owned and the rest are franchised. 

The company generates an average of more than $1.8 million in sales per restaurant according to Popeyes’ CEO Jose Cil. Solely based on 2019 figures, 1.8 million dollars ranks Popeyes in 13th place among the top 50 highest-grossing quick-service chains in the country. 

In 2020, Popeyes’ systemwide sales increased nearly 18% with an increase of 14% on global sales. Net restaurant growth in 2020 was $5,143 billion, up substantially from the 2019 amount of $4,397 billion. 

Sales have trended upward recently: the company reported $3,732 billion in 2018, up from 2017’s $3,512 billion. 

On top of that, despite Covid-19’s negative effects on the broader economy, Popeyes opened 132 restaurants in the US, in 2020. This shows the continuous growth of Popeyes and it’s expected to grow even more in the upcoming years. Needless to say, the demand for Popeyes remains stronger than ever. 

In short, Popeyes is a great option for investors. 

In order to open a location, one needs to have $250,000 as liquid capital while the required minimum net worth is $500,000. The required amount of investment to become a franchisee varies between $500,000 and $1,000,000.

Storefront Example

NNN Popeye’s

Gray, GA

$2,577,777

Successful store with increasing store sales even through […]

4.50%

12.5

N/a

Storefront Example

NNN Popeye’s

Jacksonville, FL

$1,624,000

​Situated in Dense Retail Corridor | Adjacent to […]

4.50%

18.1

N/a

Storefront Example

NNN Popeyes

Gallup, NM

$3,158,000

Brand New 20-Year Lease | Franchisee Guaranteed | […]

5.15%

20

N/a

Storefront Example

NNN Popeye’s

Jacksonville, FL

$1,624,000

​Situated in Dense Retail Corridor | Adjacent to […]

4.50%

18.1

N/a

Storefront Example

NNN Popeyes

Dallas, GA

$2,650,000

Lease with Scheduled Rental Increases. ​No Landlord Management. […]

4.85%

15

N/a

Storefront Example

NNN Popeyes

Houston, TX

$1,957,000

No landlord responsibilities. 10% rent increases every 5 […]

4.60%

20

N/a

Storefront Example

NNN Popeyes

Cairo, GA

$2,300,000

Lease with Scheduled Rental Increases. ​No Landlord Management. […]

5.00%

20

N/a

Storefront Example

NNN Popeyes

Seneca, SC

$1,894,740

Newly constructed in 2020, this NNN ground lease […]

4.75%

14.6

N/a

Storefront Example

NNN Popeyes

La Porte, IN

$2,400,000

Walmart Out Parcel. ​Opportunity Zone. ​Signalized Hard Corner. […]

5.00%

20

N/a

Storefront Example

NNN Popeyes

Kannapolis, NC

$2,500,000

Brand New 2021 Construction (New Prototype Location). ​20-Year […]

5.00%

20

N/a

Storefront Example

NNN Popeyes

Lovejoy, GA

$2,640,000

New 15-Year Absolute NNN Lease with Scheduled Rental […]

5.25%

15.4

N/a

Storefront Example

NNN Popeyes

Villa Rica, GA

$2,763,636

Brand New 2021 Construction. ​15-Year Absolute NNN Lease […]

5.50%

15

N/a

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