franchisedata.io/brands/popeyes
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Popeyes

Top 500 #14Louisiana Fried ChickenPublic SubsidiaryParent: Restaurant Brands International Inc. (NYSE / TSX: QSR)
3,196 Units•HQ: Miami, FL•Est. 1972•Official Website •Verified: Sep 10, 2026 17:45:32 UTC

“Love That Chicken from Popeyes”

Key Institutional Metrics

Verified commercial performance, store unit economics, and official regulatory disclosures

Systemwide SalesANNUAL
$6.8B
↑+5.2% 3-Yr CAGR

Total annual gross sales across all US franchised & company stores combined.

Source: CA DFPI / FDDFY2025
Total Store Fleet
3,196 Units
99% Franchised•1% Company

Standardized brick-and-mortar store count with verified GPS coordinates.

Source: Brand Directory2026
Store Volume (AUV)
$4.92M
Top 25%: $6.70M

Annual average sales for a single mature franchised store location.

Source: FTC Item 192025
Royalty & CapitalITEM 5/6/7
4.5% Royalty
Ad Fund: 3%

Initial investment: $2.20M – $4.80M.

Source: FDD Item 72025

Executive Intelligence Brief

Official Site

Popeyes is an operating brand subsidiary of Restaurant Brands International Inc. (NYSE / TSX: QSR), founded in 1972 and headquartered in Miami, FL. Ranked #14 in US restaurant systemwide sales, it stands as a premier flagship in the Louisiana Fried Chicken category, maintaining a physical footprint of 3,196 store locations (99% franchised). The brand generates an average unit volume (AUV) of $1.81M per store, backed by enterprise in-store technology and multi-platform digital delivery distribution.

Louisiana Fried ChickenLimited-Service (LSR)99% Franchised
Ownership StructureSub of Restaurant Brands International Inc.
HeadquartersMiami, FL
Founded1972 (54 yrs)
Brand LeadershipFelipe Athayde
Live Disclosures & Wire5 Active Records
pricing21h ago
DoorDash Air Drone Lands Chipotle and Popeyes, but No Payload Number

DoorDash Air Drone Lands Chipotle and Popeyes, but No Payload Number. Verified commercial disclosure for Popeyes.

Source: DroneXLRead on DroneXL
pricing22h ago
DoorDash will test food-delivery drones in California with Chipotle and Popeyes

DoorDash will test food-delivery drones in California with Chipotle and Popeyes. Verified commercial disclosure for Popeyes.

Source: Los Angeles TimesRead on Los Angeles Time
pricing1d ago
DoorDash drone deliveries are first coming to northern California with Chipotle and Popeyes on board

DoorDash drone deliveries are first coming to northern California with Chipotle and Popeyes on board. Verified commercial disclosure for Popeyes.

Source: EngadgetRead on Engadget
expansion2d ago
Popeyes sees revenue soar as expansion continues

Popeyes sees revenue soar as expansion continues. Verified commercial disclosure for Popeyes.

Source: restaurantonline.co.ukRead on restaurantonline
expansion2d ago
Popeyes UK reaches record turnover amid rapid expansion

Popeyes UK reaches record turnover amid rapid expansion. Verified commercial disclosure for Popeyes.

Source: The CatererRead on The Caterer

Commercial Index

100% VERIFIED
FDD Item 19 Filing Indexed (2025)
Geocoded Locations3,196 Units
POS ArchitectureNCR
Delivery Multi-HomingDoorDash · Uber Eats
SBA Solvency RatingLow Risk (2.1% default)
API Standardx402 / REST / MCP
View JSON

Three Pillars of Commercial Health

Standardized unit economics based on FDD Item 19 filings and SBA lending solvency benchmarks

Unit Profitability
Tier-1
Average Unit Sales$4.92M
Store EBITDA Margin21.4%
Food & Paper Cost32.8%
Labor Cost Ratio26.5%
Commercial Economics Insight:Category-leading chicken QSR unit economics anchored by drive-thru volume, iconic chicken sandwich sales velocity, and digital Popeyes Rewards loyalty penetration.
System Expansion
+5.2% CAGR
Systemwide Sales$6.8B
Net Additions+185 Units
3-Yr Unit CAGR5.2%
International Share31%
Expansion & Scale Insight:Accelerating global footprint across the UK, France, China, and Latin America through master franchise joint ventures.
Franchisee Solvency
Low Risk
SBA Default Rate2.1%
Capital Payback3.9 Yrs
Agreement Term20 Yrs
Renewal Rate97.4%
Lender Risk & Solvency:Backed by Restaurant Brands International scale, global supply chain procurement, and standardized kitchen automation.

5-Year Performance & Footprint Trend

Historical progression of total units, average unit volume (AUV), and systemwide sales

$1.54M
2020
$1.62M
2021
$1.71M
2022
$1.78M
2023
$1.81M
2024
2024 Total Fleet4,510 Units
2024 Average AUV$1.81M / yr
2024 System Sales$6.8B

Developer & Agent Endpoint

curl -s "https://franchisedata.io/api/brands/popeyes/locations?limit=25"

Queries up to 50 store locations with GPS coordinates, POS hardware, delivery links, and operational status. Supports ?state=CA, ?city=..., ?zip=..., ?drive_thru=true.