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Restaurants

Popeyes franchise

Louisiana-inspired chicken restaurant brand.

Opening investment
$504,545–$3,923,245

2026 FDD · In-Line and Free Standing Restaurants · real estate excluded

U.S. locations
3,229

2025

Worldwide locations
5,468

June30,2026 · franchised and company-owned restaurants

Systemwide sales
$7.8 billion

2025 · worldwide, all ownership

Opening costs and fees

$504,545–$3,923,245

Opening costs vary by format, location and lease terms.

Operating formats

Free Standing Restaurant (1,600–3,500 sq ft)

$1,222,045–$3,923,245

2026 FDD Item 7

Excludes variable real estate purchase or lease costs. Includes $50,000 initial franchise fee, $700,000–$1,600,000 building costs, $150,000–$1,200,000 site work, and $20,000–$30,000 additional funds for three months.

In-Line Restaurant (shopping center, convenience store, travel plaza or food court)

$504,545–$1,968,245

2026 FDD Item 7

Excludes variable real estate purchase or lease costs. Includes $50,000 initial franchise fee, $100,000–$850,000 building/leasehold improvements, and $20,000–$30,000 additional funds for three months.

Key ongoing fees

Royalty
5% of Gross Sales (paid weekly).Weekly
Advertising & Co-Op Contributions
4.6% to 5.0% of Gross Sales Advertising Contribution (5.0% under Ad Fund Test Program) + 0.5%–1.75% Advertising Co-Op contribution.Weekly
Consumer Ordering Tech & POP I.T. Fees
$200/month + 1% of Digital Sales (capped at $6,500/year) Consumer Ordering Tech Fee + up to $1,980/year POP I.T. Fee.Monthly

Selected ongoing charges, not a complete fee schedule. Confirm the current FDD and the terms for your format.

Revenue and performance

Worldwide systemwide sales
2025 worldwide Popeyes systemwide sales: $7,789,000,000 (source: $7,789 million), including franchised and company restaurants. This is restaurant sales, not franchisor revenue, average unit sales or owner income.Year ended 2025-12-31

Revenue is sales before expenses, not owner income. Compare matching periods, formats and location samples.

Locations

3,229 U.S. locations (2025).

Existing locations do not establish that a new territory is available. Confirm your market with the franchisor.

Sources and figure notes

Reporting periods and scope

U.S. locations

2026 FDD Item 20 Table 1 reports 3,134 franchised and 95 company-owned U.S. restaurants (3,229 total) at fiscal year-end 2025.

Systemwide sales

2025 worldwide Popeyes systemwide sales: $7,789,000,000 (source: $7,789 million), including franchised and company restaurants. This is restaurant sales, not franchisor revenue, average unit sales or owner income. PLK regional reporting segment sales of $6,076 million are distinct. No Item21 guarantor, franchisor financial condition, average sales or owner-income inference.

Worldwide locations

5,468 restaurants worldwide as of June 30, 2026, including franchised and company-owned restaurants. Snapshot at June30,2026; restaurant count is not pipeline, franchise agreements, rooms, territories, annual openings or individual franchise owners. Combined franchised and company-owned restaurants. The parent’s over95% franchise share is not assigned to any individual brand; brand-specific ownership split stays null. Brand worldwide figure is stated literally in Note1. TH/BK/PLK/FHS financial segments describe U.S./Canada; INTL aggregates brands outside U.S./Canada with stated exclusions, and RH separately reports company operations. Do not add overlapping segment figures. Key Operating Metrics includes Carrols BK KPIs in BK and BK China/PLK China/FHS Brazil KPIs in INTL, although their financial segments differ. The Note1 count avoids financial/KPI segment double counting. Restaurant definition considers scope of operations, format/image, separate franchise agreement and minimum sales thresholds. Alternative formats failing that definition are not normalized into restaurant counts. Source is an unaudited interim Form10-Q statement. No original HTML or full-document authenticity certification. Older FY2025 worldwide and regional rows are retained separately as historical context, not revised. Systemwide sales are not annual unit means or owner income.

Opening investment

$504,545–$1,968,245 for an In-Line Popeyes Restaurant and $1,222,045–$3,923,245 for a Free Standing Popeyes Restaurant (1,600–3,500 sq ft), excluding variable real estate purchase or lease costs. Includes $50,000 initial franchise fee and $20,000–$30,000 additional funds for three months.

Research snapshot: . Sources and methodology

Compare independent startup vs. franchise economics

Compare Popeyes’s franchise model against starting or buying an independent business in chicken and wings (line-item CapEx, 0%-royalty owner SDE margins & SBA resale multiples):

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