Head-to-Head Franchise Intelligence
Popeyes vs Raising Cane's
Commercial comparison of unit economics, FTC Franchise Disclosure Document (FDD) Item 19 average unit volume (AUV), startup capital requirements, and store tech stacks.
Contender 1Rank #14
Popeyes
Louisiana Fried Chicken
Love That Chicken from Popeyes
Parent Holding:Restaurant Brands International Inc.
Contender 2Rank #16
Raising Cane's
Quick-Service Restaurant
Speed of Service & Drive-Thru Leader
Parent Holding:Todd Graves
Unit Economics & Financial Benchmarks
Verified against FTC FDD Item 19 and SEC Form 10-K regulatory disclosures.
| Metric | Popeyes | Raising Cane's | Advantage |
|---|---|---|---|
| Median AUV (Annual Sales) | $4.92M | $5.42M | Raising Cane's (+10%) |
| Active Store Locations | 3,196 | 913 | Popeyes (Larger Fleet) |
| Initial Investment Range | $2.20M – $4.80M | $2.20M – $4.50M | Varies by site format |
| Min Liquid Capital Required | $750k | $1.00M | FDD Item 7 Requirement |
| Royalty Fee % | 4.5% | 5.0% | Popeyes (Lower Fee) |
| National Ad Fund % | 3.0% | 4.0% | Marketing Contribution |
| Annual Systemwide Sales | $6.80B | $4.90B | System Scale |
In-Store Tech Stack
Point-of-Sale Hardware/Software
Popeyes:SICOM / NCR Aloha
Raising Cane's:NCR Aloha Cloud
Kitchen Display System (KDS)
Popeyes:SICOM Kitchen Video
Raising Cane's:Toast KDS
Delivery Multi-Homing
DoorDash Marketplace Penetration
Popeyes:0% (0 stores)
Raising Cane's:0% (0 stores)
Uber Eats Marketplace Penetration
Popeyes:0% (0 stores)
Raising Cane's:0% (0 stores)
Need deeper store-level datasets?
Explore individual geocoded address lists, multi-unit franchisee portfolios, and full FDD Item 19 exhibits.