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Report Generated: March 31, 2026 Data Source: Official FDD Filing (2025)
See full cost breakdown →

Popeyes Louisiana Kitchen Franchise: Cost, Earnings & Real FDD Data

QSR

Popeyes Louisiana Kitchen is a quick-service restaurant franchise that specializes in Louisiana-style fried chicken, seafood, and traditional Cajun dishes. The brand offers authentic flavors and bold taste profiles as its core value proposition.

Miami, Florida · Founded 1972 · Franchising since 1976 · popeyes.com →

92.0
Good
3177
Total Units
$2.19M
Median Revenue
N/A
Total Investment
5.0%
Royalty Rate
$90K
Est. Profit
0.0%
Closure Rate

The Popeyes Louisiana Kitchen franchise charges a 5.0% royalty fee and operates 3,177 units in the QSR category. This report analyzes the full Franchise Disclosure Document including unit economics, fee structure, growth trends, and risk indicators to help you evaluate the cost of investing in Popeyes Louisiana Kitchen.

★ Key Takeaways

Growth Signal
Net -2736 units over 4 years (declining)
Fee Burden
Royalty + ad fund = 5.5% of gross sales, vs 7.9% category average
Financial Disclosure
This brand discloses financial performance data (Item 19)

Deal Breakers 1 flag detected

Critical issues identified from FDD analysis that warrant serious consideration before investing.

System Shrinking by 100%
The franchise went from 2,736 to 0 units — a net loss of 2,736 locations. A shrinking system may indicate franchisee dissatisfaction, poor unit economics, or brand decline.
Question to ask the franchisor:
What is driving the unit losses? Are closures voluntary or forced? What is the company doing to reverse the trend?

Franchise Breakdown Score 92.0/100 · Good

Composite quality score based on growth, stability, efficiency, fees, transparency, and system size.

Unit Growth
3/20
Stability
20/20
Investment Efficiency
10/20
Fee Reasonableness
15/15
Transparency
10/10
System Size
15/15

3 Popeyes Louisiana Kitchen Franchise Revenue & Earnings (Item 19) Item 19 Available FDD Item 19

Financial performance data as disclosed in FDD Item 19.

P&L Breakdown by Revenue Cohort

View all disclosed financial metrics (392 rows)
Free-standing Average EBITDA by Annual Sales Level (28 rows)
Metric Value Unit Cohort Period
Sales $1,168,433 USD < $1.5M FY2024
Food & Paper Costs 31.9% PCT < $1.5M FY2024
Labor Costs 28.9% PCT < $1.5M FY2024
Other Costs 35.5% PCT < $1.5M FY2024
EBITDA 3.7% PCT < $1.5M FY2024
EBITDA $ $43,618 USD < $1.5M FY2024
No. of Restaurants in Range 568.0 COUNT < $1.5M FY2024
Sales $1,751,599 USD $1.5M - $2.0M FY2024
Food & Paper Costs 31.0% PCT $1.5M - $2.0M FY2024
Labor Costs 26.0% PCT $1.5M - $2.0M FY2024
Other Costs 31.0% PCT $1.5M - $2.0M FY2024
EBITDA 12.0% PCT $1.5M - $2.0M FY2024
EBITDA $ $209,595 USD $1.5M - $2.0M FY2024
No. of Restaurants in Range 565.0 COUNT $1.5M - $2.0M FY2024
Sales $2,229,222 USD $2.0M - $2.5M FY2024
Food & Paper Costs 30.8% PCT $2.0M - $2.5M FY2024
Labor Costs 24.9% PCT $2.0M - $2.5M FY2024
Other Costs 29.3% PCT $2.0M - $2.5M FY2024
EBITDA 15.0% PCT $2.0M - $2.5M FY2024
EBITDA $ $333,813 USD $2.0M - $2.5M FY2024
No. of Restaurants in Range 441.0 COUNT $2.0M - $2.5M FY2024
Sales $3,126,412 USD >$2.5M FY2024
Food & Paper Costs 30.4% PCT >$2.5M FY2024
Labor Costs 24.5% PCT >$2.5M FY2024
Other Costs 27.2% PCT >$2.5M FY2024
EBITDA 17.9% PCT >$2.5M FY2024
EBITDA $ $560,947 USD >$2.5M FY2024
No. of Restaurants in Range 413.0 COUNT >$2.5M FY2024
Free-standing Average EBITDA by Operational Tier (28 rows)
Metric Value Unit Cohort Period
Sales $1,419,831 USD Operational Tier 4 FY2024
Food & Paper Costs 33.3% PCT Operational Tier 4 FY2024
Labor Costs 27.6% PCT Operational Tier 4 FY2024
Other Costs 32.7% PCT Operational Tier 4 FY2024
EBITDA 6.4% PCT Operational Tier 4 FY2024
EBITDA $ $91,201 USD Operational Tier 4 FY2024
No. of Restaurants in Tier 78.0 COUNT Operational Tier 4 FY2024
Sales $1,420,714 USD Operational Tier 3 FY2024
Food & Paper Costs 32.6% PCT Operational Tier 3 FY2024
Labor Costs 27.6% PCT Operational Tier 3 FY2024
Other Costs 33.6% PCT Operational Tier 3 FY2024
EBITDA 6.2% PCT Operational Tier 3 FY2024
EBITDA $ $87,516 USD Operational Tier 3 FY2024
No. of Restaurants in Tier 140.0 COUNT Operational Tier 3 FY2024
Sales $1,841,240 USD Operational Tier 2 FY2024
Food & Paper Costs 31.4% PCT Operational Tier 2 FY2024
Labor Costs 26.5% PCT Operational Tier 2 FY2024
Other Costs 30.6% PCT Operational Tier 2 FY2024
EBITDA 11.5% PCT Operational Tier 2 FY2024
EBITDA $ $212,472 USD Operational Tier 2 FY2024
No. of Restaurants in Tier 674.0 COUNT Operational Tier 2 FY2024
Sales $2,170,754 USD Operational Tier 1 FY2024
Food & Paper Costs 30.4% PCT Operational Tier 1 FY2024
Labor Costs 25.0% PCT Operational Tier 1 FY2024
Other Costs 29.4% PCT Operational Tier 1 FY2024
EBITDA 15.1% PCT Operational Tier 1 FY2024
EBITDA $ $328,316 USD Operational Tier 1 FY2024
No. of Restaurants in Tier 1095.0 COUNT Operational Tier 1 FY2024
Free-standing Median EBITDA by Annual Sales Level (28 rows)
Metric Value Unit Cohort Period
Sales $1,207,063 USD < $1.5M FY2024
Food & Paper Costs 32.0% PCT < $1.5M FY2024
Labor Costs 27.9% PCT < $1.5M FY2024
Other Costs 36.0% PCT < $1.5M FY2024
EBITDA 4.1% PCT < $1.5M FY2024
EBITDA $ $49,488 USD < $1.5M FY2024
No. of Restaurants in Range 568.0 COUNT < $1.5M FY2024
Sales $1,757,277 USD $1.5M - $2.0M FY2024
Food & Paper Costs 30.9% PCT $1.5M - $2.0M FY2024
Labor Costs 25.5% PCT $1.5M - $2.0M FY2024
Other Costs 31.8% PCT $1.5M - $2.0M FY2024
EBITDA 11.8% PCT $1.5M - $2.0M FY2024
EBITDA $ $206,949 USD $1.5M - $2.0M FY2024
No. of Restaurants in Range 565.0 COUNT $1.5M - $2.0M FY2024
Sales $2,212,317 USD $2.0M - $2.5M FY2024
Food & Paper Costs 30.9% PCT $2.0M - $2.5M FY2024
Labor Costs 24.6% PCT $2.0M - $2.5M FY2024
Other Costs 29.6% PCT $2.0M - $2.5M FY2024
EBITDA 14.9% PCT $2.0M - $2.5M FY2024
EBITDA $ $329,288 USD $2.0M - $2.5M FY2024
No. of Restaurants in Range 441.0 COUNT $2.0M - $2.5M FY2024
Sales $2,955,948 USD >$2.5M FY2024
Food & Paper Costs 30.5% PCT >$2.5M FY2024
Labor Costs 24.5% PCT >$2.5M FY2024
Other Costs 27.1% PCT >$2.5M FY2024
EBITDA 17.9% PCT >$2.5M FY2024
EBITDA $ $528,038 USD >$2.5M FY2024
No. of Restaurants in Range 413.0 COUNT >$2.5M FY2024
Free-standing Median EBITDA by Operational Tier (28 rows)
Metric Value Unit Cohort Period
Sales $1,405,759 USD Operational Tier 4 FY2024
Food & Paper Costs 32.2% PCT Operational Tier 4 FY2024
Labor Costs 27.5% PCT Operational Tier 4 FY2024
Other Costs 35.4% PCT Operational Tier 4 FY2024
EBITDA 5.0% PCT Operational Tier 4 FY2024
EBITDA $ $69,863 USD Operational Tier 4 FY2024
No. of Restaurants in Tier 78.0 COUNT Operational Tier 4 FY2024
Sales $1,373,083 USD Operational Tier 3 FY2024
Food & Paper Costs 31.9% PCT Operational Tier 3 FY2024
Labor Costs 26.9% PCT Operational Tier 3 FY2024
Other Costs 35.0% PCT Operational Tier 3 FY2024
EBITDA 6.2% PCT Operational Tier 3 FY2024
EBITDA $ $84,838 USD Operational Tier 3 FY2024
No. of Restaurants in Tier 140.0 COUNT Operational Tier 3 FY2024
Sales $1,758,776 USD Operational Tier 2 FY2024
Food & Paper Costs 31.1% PCT Operational Tier 2 FY2024
Labor Costs 25.9% PCT Operational Tier 2 FY2024
Other Costs 32.7% PCT Operational Tier 2 FY2024
EBITDA 10.3% PCT Operational Tier 2 FY2024
EBITDA $ $180,795 USD Operational Tier 2 FY2024
No. of Restaurants in Tier 674.0 COUNT Operational Tier 2 FY2024
Sales $2,053,917 USD Operational Tier 1 FY2024
Food & Paper Costs 30.3% PCT Operational Tier 1 FY2024
Labor Costs 24.9% PCT Operational Tier 1 FY2024
Other Costs 30.4% PCT Operational Tier 1 FY2024
EBITDA 14.4% PCT Operational Tier 1 FY2024
EBITDA $ $295,166 USD Operational Tier 1 FY2024
No. of Restaurants in Tier 1095.0 COUNT Operational Tier 1 FY2024
In-line Average EBITDA by Annual Sales Level (28 rows)
Metric Value Unit Cohort Period
Sales $1,194,744 USD < $1.5M FY2024
Food & Paper Costs 29.9% PCT < $1.5M FY2024
Labor Costs 31.5% PCT < $1.5M FY2024
Other Costs 28.4% PCT < $1.5M FY2024
EBITDA 10.2% PCT < $1.5M FY2024
EBITDA $ $121,940 USD < $1.5M FY2024
No. of Restaurants in Range 147.0 COUNT < $1.5M FY2024
Sales $1,733,692 USD $1.5M - $2.0M FY2024
Food & Paper Costs 29.4% PCT $1.5M - $2.0M FY2024
Labor Costs 28.7% PCT $1.5M - $2.0M FY2024
Other Costs 30.3% PCT $1.5M - $2.0M FY2024
EBITDA 11.6% PCT $1.5M - $2.0M FY2024
EBITDA $ $201,541 USD $1.5M - $2.0M FY2024
No. of Restaurants in Range 118.0 COUNT $1.5M - $2.0M FY2024
Sales $2,221,591 USD $2.0M - $2.5M FY2024
Food & Paper Costs 29.4% PCT $2.0M - $2.5M FY2024
Labor Costs 25.5% PCT $2.0M - $2.5M FY2024
Other Costs 30.5% PCT $2.0M - $2.5M FY2024
EBITDA 14.6% PCT $2.0M - $2.5M FY2024
EBITDA $ $323,633 USD $2.0M - $2.5M FY2024
No. of Restaurants in Range 86.0 COUNT $2.0M - $2.5M FY2024
Sales $3,145,453 USD >$2.5M FY2024
Food & Paper Costs 29.7% PCT >$2.5M FY2024
Labor Costs 24.4% PCT >$2.5M FY2024
Other Costs 28.7% PCT >$2.5M FY2024
EBITDA 17.2% PCT >$2.5M FY2024
EBITDA $ $541,566 USD >$2.5M FY2024
No. of Restaurants in Range 73.0 COUNT >$2.5M FY2024
In-line Average EBITDA by Operational Tier (28 rows)
Metric Value Unit Cohort Period
Sales $1,246,262 USD Operational Tier 4 FY2024
Food & Paper Costs 31.4% PCT Operational Tier 4 FY2024
Labor Costs 33.9% PCT Operational Tier 4 FY2024
Other Costs 27.6% PCT Operational Tier 4 FY2024
EBITDA 7.1% PCT Operational Tier 4 FY2024
EBITDA $ $88,725 USD Operational Tier 4 FY2024
No. of Restaurants in Tier 4.0 COUNT Operational Tier 4 FY2024
Sales $1,573,063 USD Operational Tier 3 FY2024
Food & Paper Costs 31.9% PCT Operational Tier 3 FY2024
Labor Costs 28.3% PCT Operational Tier 3 FY2024
Other Costs 25.0% PCT Operational Tier 3 FY2024
EBITDA 14.8% PCT Operational Tier 3 FY2024
EBITDA $ $232,942 USD Operational Tier 3 FY2024
No. of Restaurants in Tier 2.0 COUNT Operational Tier 3 FY2024
Sales $1,619,162 USD Operational Tier 2 FY2024
Food & Paper Costs 31.1% PCT Operational Tier 2 FY2024
Labor Costs 29.3% PCT Operational Tier 2 FY2024
Other Costs 28.6% PCT Operational Tier 2 FY2024
EBITDA 11.0% PCT Operational Tier 2 FY2024
EBITDA $ $177,896 USD Operational Tier 2 FY2024
No. of Restaurants in Tier 77.0 COUNT Operational Tier 2 FY2024
Sales $1,959,153 USD Operational Tier 1 FY2024
Food & Paper Costs 29.3% PCT Operational Tier 1 FY2024
Labor Costs 26.9% PCT Operational Tier 1 FY2024
Other Costs 29.6% PCT Operational Tier 1 FY2024
EBITDA 14.2% PCT Operational Tier 1 FY2024
EBITDA $ $277,287 USD Operational Tier 1 FY2024
No. of Restaurants in Tier 341.0 COUNT Operational Tier 1 FY2024
In-line Median EBITDA by Annual Sales Level (28 rows)
Metric Value Unit Cohort Period
Sales $1,249,269 USD < $1.5M FY2024
Food & Paper Costs 29.4% PCT < $1.5M FY2024
Labor Costs 29.5% PCT < $1.5M FY2024
Other Costs 31.6% PCT < $1.5M FY2024
EBITDA 9.5% PCT < $1.5M FY2024
EBITDA $ $118,352 USD < $1.5M FY2024
No. of Restaurants in Range 147.0 COUNT < $1.5M FY2024
Sales $1,702,551 USD $1.5M - $2.0M FY2024
Food & Paper Costs 29.7% PCT $1.5M - $2.0M FY2024
Labor Costs 28.2% PCT $1.5M - $2.0M FY2024
Other Costs 29.8% PCT $1.5M - $2.0M FY2024
EBITDA 12.3% PCT $1.5M - $2.0M FY2024
EBITDA $ $208,661 USD $1.5M - $2.0M FY2024
No. of Restaurants in Range 118.0 COUNT $1.5M - $2.0M FY2024
Sales $2,210,207 USD $2.0M - $2.5M FY2024
Food & Paper Costs 29.7% PCT $2.0M - $2.5M FY2024
Labor Costs 25.7% PCT $2.0M - $2.5M FY2024
Other Costs 30.6% PCT $2.0M - $2.5M FY2024
EBITDA 14.0% PCT $2.0M - $2.5M FY2024
EBITDA $ $310,113 USD $2.0M - $2.5M FY2024
No. of Restaurants in Range 86.0 COUNT $2.0M - $2.5M FY2024
Sales $2,888,660 USD >$2.5M FY2024
Food & Paper Costs 29.8% PCT >$2.5M FY2024
Labor Costs 25.1% PCT >$2.5M FY2024
Other Costs 27.9% PCT >$2.5M FY2024
EBITDA 17.3% PCT >$2.5M FY2024
EBITDA $ $499,460 USD >$2.5M FY2024
No. of Restaurants in Range 73.0 COUNT >$2.5M FY2024
In-line Median EBITDA by Operational Tier (28 rows)
Metric Value Unit Cohort Period
Sales $1,289,976 USD Operational Tier 4 FY2024
Food & Paper Costs 26.4% PCT Operational Tier 4 FY2024
Labor Costs 34.0% PCT Operational Tier 4 FY2024
Other Costs 31.0% PCT Operational Tier 4 FY2024
EBITDA 8.6% PCT Operational Tier 4 FY2024
EBITDA $ $110,723 USD Operational Tier 4 FY2024
No. of Restaurants in Tier 4.0 COUNT Operational Tier 4 FY2024
Sales $1,573,063 USD Operational Tier 3 FY2024
Food & Paper Costs 31.9% PCT Operational Tier 3 FY2024
Labor Costs 28.3% PCT Operational Tier 3 FY2024
Other Costs 25.0% PCT Operational Tier 3 FY2024
EBITDA 14.8% PCT Operational Tier 3 FY2024
EBITDA $ $232,942 USD Operational Tier 3 FY2024
No. of Restaurants in Tier 2.0 COUNT Operational Tier 3 FY2024
Sales $1,537,151 USD Operational Tier 2 FY2024
Food & Paper Costs 29.7% PCT Operational Tier 2 FY2024
Labor Costs 28.7% PCT Operational Tier 2 FY2024
Other Costs 31.5% PCT Operational Tier 2 FY2024
EBITDA 10.1% PCT Operational Tier 2 FY2024
EBITDA $ $155,182 USD Operational Tier 2 FY2024
No. of Restaurants in Tier 77.0 COUNT Operational Tier 2 FY2024
Sales $1,876,670 USD Operational Tier 1 FY2024
Food & Paper Costs 28.2% PCT Operational Tier 1 FY2024
Labor Costs 26.8% PCT Operational Tier 1 FY2024
Other Costs 31.2% PCT Operational Tier 1 FY2024
EBITDA 13.8% PCT Operational Tier 1 FY2024
EBITDA $ $258,186 USD Operational Tier 1 FY2024
No. of Restaurants in Tier 341.0 COUNT Operational Tier 1 FY2024
TABLE I: FREE-STANDING RESTAURANTS (72 rows)
Metric Value Unit Cohort Period
Arithmetic Average Sales $1,876,513 USD Company-Owned Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurants FY2024
Median $1,785,018 USD Company-Owned Restaurants FY2024
High $3,271,761 USD Company-Owned Restaurants FY2024
Low $872,919 USD Company-Owned Restaurants FY2024
Number of Restaurants 93.0 COUNT Company-Owned Restaurants FY2024
Upper Range Average $2,000,000+ $2,434,895 USD Company-Owned Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurants FY2024
Upper Range Median $2,000,000+ $2,324,910 USD Company-Owned Restaurants FY2024
High $3,271,761 USD Company-Owned Restaurants FY2024
Low $2,001,047 USD Company-Owned Restaurants FY2024
Number of Restaurants 40.0 COUNT Company-Owned Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,696,109 USD Company-Owned Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,671,626 USD Company-Owned Restaurants FY2024
High $1,904,754 USD Company-Owned Restaurants FY2024
Low $1,533,229 USD Company-Owned Restaurants FY2024
Number of Restaurants 25.0 COUNT Company-Owned Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,239,901 USD Company-Owned Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,261,493 USD Company-Owned Restaurants FY2024
High $1,498,355 USD Company-Owned Restaurants FY2024
Low $872,919 USD Company-Owned Restaurants FY2024
Number of Restaurants 28.0 COUNT Company-Owned Restaurants FY2024
Arithmetic Average Sales $1,978,635 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Median $1,876,964 USD Franchised Restaurants FY2024
High $6,183,628 USD Franchised Restaurants FY2024
Low $255,447 USD Franchised Restaurants FY2024
Number of Restaurants 2186.0 COUNT Franchised Restaurants FY2024
Upper Range Average $2,000,000+ $2,674,210 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Upper Range Median $2,000,000+ $2,498,167 USD Franchised Restaurants FY2024
High $6,183,628 USD Franchised Restaurants FY2024
Low $2,000,024 USD Franchised Restaurants FY2024
Number of Restaurants 929.0 COUNT Franchised Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,753,185 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,752,137 USD Franchised Restaurants FY2024
High $1,997,385 USD Franchised Restaurants FY2024
Low $1,500,420 USD Franchised Restaurants FY2024
Number of Restaurants 638.0 COUNT Franchised Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,167,079 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,207,192 USD Franchised Restaurants FY2024
High $1,499,018 USD Franchised Restaurants FY2024
Low $255,447 USD Franchised Restaurants FY2024
Number of Restaurants 619.0 COUNT Franchised Restaurants FY2024
Arithmetic Average Sales $1,974,468 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Median $1,874,972 USD Consolidated Restaurants FY2024
High $6,183,628 USD Consolidated Restaurants FY2024
Low $255,447 USD Consolidated Restaurants FY2024
Number of Restaurants 2279.0 COUNT Consolidated Restaurants FY2024
Upper Range Average $2,000,000+ $2,664,331 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Upper Range Median $2,000,000+ $2,491,796 USD Consolidated Restaurants FY2024
High $6,183,628 USD Consolidated Restaurants FY2024
Low $2,000,024 USD Consolidated Restaurants FY2024
Number of Restaurants 969.0 COUNT Consolidated Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,751,033 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,750,477 USD Consolidated Restaurants FY2024
High $1,997,385 USD Consolidated Restaurants FY2024
Low $1,500,420 USD Consolidated Restaurants FY2024
Number of Restaurants 663.0 COUNT Consolidated Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,170,231 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,210,330 USD Consolidated Restaurants FY2024
High $1,499,018 USD Consolidated Restaurants FY2024
Low $255,447 USD Consolidated Restaurants FY2024
Number of Restaurants 647.0 COUNT Consolidated Restaurants FY2024
TABLE II: IN-LINE RESTAURANTS (72 rows)
Metric Value Unit Cohort Period
Arithmetic Average Sales $1,138,852 USD Company-Owned Restaurant FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurant FY2024
Median $1,138,852 USD Company-Owned Restaurant FY2024
High $1,138,852 USD Company-Owned Restaurant FY2024
Low $1,138,852 USD Company-Owned Restaurant FY2024
Number of Restaurants 1.0 COUNT Company-Owned Restaurant FY2024
Upper Range Average $2,000,000+ 0.0 OTHER Company-Owned Restaurant FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurant FY2024
Upper Range Median $2,000,000+ 0.0 OTHER Company-Owned Restaurant FY2024
High 0.0 OTHER Company-Owned Restaurant FY2024
Low 0.0 OTHER Company-Owned Restaurant FY2024
Number of Restaurants 0.0 COUNT Company-Owned Restaurant FY2024
Middle Range Average $1,500,000 - $1,999,999 0.0 OTHER Company-Owned Restaurant FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurant FY2024
Middle Range Median $1,500,000 - $1,999,999 0.0 OTHER Company-Owned Restaurant FY2024
High 0.0 OTHER Company-Owned Restaurant FY2024
Low 0.0 OTHER Company-Owned Restaurant FY2024
Number of Restaurants 0.0 COUNT Company-Owned Restaurant FY2024
Lower Range Average $0 - $1,499,999 $1,138,852 USD Company-Owned Restaurant FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Company-Owned Restaurant FY2024
Lower Range Median $0 - $1,499,999 $1,138,852 USD Company-Owned Restaurant FY2024
High $1,138,852 USD Company-Owned Restaurant FY2024
Low $1,138,852 USD Company-Owned Restaurant FY2024
Number of Restaurants 1.0 COUNT Company-Owned Restaurant FY2024
Arithmetic Average Sales $1,907,099 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Median $1,769,217 USD Franchised Restaurants FY2024
High $5,927,334 USD Franchised Restaurants FY2024
Low $548,301 USD Franchised Restaurants FY2024
Number of Restaurants 480.0 COUNT Franchised Restaurants FY2024
Upper Range Average $2,000,000+ $2,668,634 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Upper Range Median $2,000,000+ $2,492,971 USD Franchised Restaurants FY2024
High $5,927,334 USD Franchised Restaurants FY2024
Low $2,010,862 USD Franchised Restaurants FY2024
Number of Restaurants 181.0 COUNT Franchised Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,737,092 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,707,016 USD Franchised Restaurants FY2024
High $1,999,658 USD Franchised Restaurants FY2024
Low $1,502,563 USD Franchised Restaurants FY2024
Number of Restaurants 137.0 COUNT Franchised Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,200,020 USD Franchised Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,250,333 USD Franchised Restaurants FY2024
High $1,496,867 USD Franchised Restaurants FY2024
Low $548,301 USD Franchised Restaurants FY2024
Number of Restaurants 162.0 COUNT Franchised Restaurants FY2024
Arithmetic Average Sales $1,905,502 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Median $1,768,227 USD Consolidated Restaurants FY2024
High $5,927,334 USD Consolidated Restaurants FY2024
Low $548,301 USD Consolidated Restaurants FY2024
Number of Restaurants 481.0 COUNT Consolidated Restaurants FY2024
Upper Range Average $2,000,000+ $2,668,634 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Upper Range Median $2,000,000+ $2,492,971 USD Consolidated Restaurants FY2024
High $5,927,334 USD Consolidated Restaurants FY2024
Low $2,010,862 USD Consolidated Restaurants FY2024
Number of Restaurants 181.0 COUNT Consolidated Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,737,092 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,707,016 USD Consolidated Restaurants FY2024
High $1,999,658 USD Consolidated Restaurants FY2024
Low $1,502,563 USD Consolidated Restaurants FY2024
Number of Restaurants 137.0 COUNT Consolidated Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,199,645 USD Consolidated Restaurants FY2024
%/# of Restaurants that Met or Exceeded Average 0.0 OTHER Consolidated Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,248,037 USD Consolidated Restaurants FY2024
High $1,496,867 USD Consolidated Restaurants FY2024
Low $548,301 USD Consolidated Restaurants FY2024
Number of Restaurants 163.0 COUNT Consolidated Restaurants FY2024
TABLE III: FRANCHISED FOOD COURT RESTAURANTS (24 rows)
Metric Value Unit Cohort Period
Arithmetic Average Sales $1,429,298 USD Franchised Restaurants FY2024
#/% of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Median $1,304,502 USD Franchised Restaurants FY2024
High $5,918,307 USD Franchised Restaurants FY2024
Low $295,733 USD Franchised Restaurants FY2024
Number of Restaurants 171.0 COUNT Franchised Restaurants FY2024
Upper Range Average $2,000,000+ $2,688,028 USD Franchised Restaurants FY2024
#/% of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Upper Range Median $2,000,000+ $2,320,772 USD Franchised Restaurants FY2024
High $5,918,307 USD Franchised Restaurants FY2024
Low $2,012,843 USD Franchised Restaurants FY2024
Number of Restaurants 28.0 COUNT Franchised Restaurants FY2024
Middle Range Average $1,500,000 - $1,999,999 $1,667,556 USD Franchised Restaurants FY2024
#/% of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Middle Range Median $1,500,000 - $1,999,999 $1,656,268 USD Franchised Restaurants FY2024
High $1,892,425 USD Franchised Restaurants FY2024
Low $1,503,147 USD Franchised Restaurants FY2024
Number of Restaurants 29.0 COUNT Franchised Restaurants FY2024
Lower Range Average $0 - $1,499,999 $1,059,526 USD Franchised Restaurants FY2024
#/% of Restaurants that Met or Exceeded Average 0.0 OTHER Franchised Restaurants FY2024
Lower Range Median $0 - $1,499,999 $1,106,877 USD Franchised Restaurants FY2024
High $1,499,546 USD Franchised Restaurants FY2024
Low $295,733 USD Franchised Restaurants FY2024
Number of Restaurants 114.0 COUNT Franchised Restaurants FY2024

$ Estimated Unit Profitability Based on Item 19 Data

Based on financial performance data disclosed in Item 19 of the FDD.

$2.19M
Gross Revenue
$1.98M
Total Costs
$90K
Owner's Profit (4.1%)
View detailed P&L breakdown
Line Item Amount % of Revenue
Gross Revenue $2,191,066 100%
COGS $-644,173 29.4%
Labor $-646,364 29.5%
Occupancy $-0 0%
Marketing $-0 0%
Other Costs $-692,377 31.6%
Owner's Profit $208,151 9.5%

4 Risk Assessment

Automated risk indicators based on FDD data analysis.

✓
Low Closure Rate
Average closure rate of 0.0% is below 2%, indicating strong unit retention.
↓
Declining Unit Count
Net -2736 units over 4 years (-100.0%). The franchise system is contracting.
%
Reasonable Fee Burden
Combined royalty + ad fund of 5.5% is within normal range.
✓
Financial Data Disclosed
This franchisor provides Item 19 financial performance representations, enabling better due diligence.

5 Popeyes Louisiana Kitchen Failure Rate & Unit Growth (Item 20) FDD Item 20

Franchise unit trajectory based on FDD Item 20 data.

Year Start Opened Closed Transferred End Closure Rate Net Growth
2022 2736 +195 -- 7 2905 -- --
2023 2905 +165 -- 4 3035 -- --
2024 3035 +136 -- 8 3079 -- --
2025 -- +133 -- -- -- -- --
0.0%
Avg Closure Rate
4
Years of Data

6 Category Comparison QSR Brands

How Popeyes Louisiana Kitchen compares to peer brands in the QSR category.

Investment Midpoint

Median Revenue (Item 19)

Investment-to-Revenue Ratio

Ratio = Investment midpoint ÷ median annual revenue. Lower is better. A 0.5x ratio means the initial investment equals half of one year's gross revenue. Does not account for operating costs, margins, or time value of money.

Brand Total Units Investment Range Median Revenue Royalty Inv/Rev Ratio
Subway 19502 $263K – $630K No Item 19 8.0% --
McDonald's 12772 $1.47M – $2.64M $3.00M 5.0% 0.7x
Dunkin' 8499 $527K – $1.83M No Item 19 5.9% --
Domino's Pizza 7043 $120K – $462K $20K 5.5% 14.9x
Wendy's 5552 $1.41M – $2.90M $2.33M 4.0% 0.9x
Burger King 5524 $1.80M – $3.30M $1.67M 4.5% 1.5x
Dairy Queen 4400 $1.15M – $2.44M No Item 19 4.0% --
Little Caesars 3705 $446K – $1.82M No Item 19 6.0% --
KFC 3558 $135K – $540K $1.35M 5.0% 0.2x
Arby's 3400 $313K – $3.45M $1.39M 4.0% 1.4x

■ SBA Loan Data 2014–2026

SBA 7(a) loan approvals for Popeyes Louisiana Kitchen franchisees from the SBA FOIA public dataset. Lenders report franchise codes at origination — this is real lending activity, not estimates.

$98M
Total SBA Approved
86
SBA Loans
$1,139K
Avg Loan Size
0.0%
Default Rate
Active Lending States 27
Distinct Lenders 44
Jobs Supported 3,141
Top Lending States
CA 14 IL 12 FL 7 OH 5 NY 5
Annual SBA Loan Volume

Source: SBA FOIA 7(a) public data. Franchise codes matched by brand name. Not all SBA loans are captured; some franchisees finance without SBA programs.

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Compare Popeyes Louisiana Kitchen

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Popeyes Louisiana Kitchen vs Sbarro → Popeyes Louisiana Kitchen vs Which Wich → Popeyes Louisiana Kitchen vs Carl's Jr. →

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This report was generated from data extracted from official Franchise Disclosure Documents filed with state regulators. It is intended for informational purposes only and should not be construed as investment advice.

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© 2026 Franchise Breakdown. All rights reserved. | Data sourced from public FDD filings.