43. Popeyes Louisiana Kitchen
Last Year's Rank: 46
Investment Range: $250K to $500K
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Popeyes is a quick-service restaurant known mostly for its Cajun-inspired cuisine, especially fried chicken. The chain is currently owned by AFC.
Locations are focused mostly in the southern United States, although the chain also has a significant presence internationally. The company opened 219 new restaurants in 2015, and reached the 2,500 unit milestone. Over the next seven to 10 years Popeyes has a long-term goal of reaching 4,000 restaurants.
Of the 1,600 domestic franchised restaurants, approximately 70 percent are concentrated in Texas, California, Louisiana, Florida, Illinois, Maryland, New York, Georgia, Virginia and Mississippi.
Global Sales: $3,286,300,000
US Units: 2,067
International Units: 621
Total Units: 2,688
Percent Franchised: 98%
% International Units: 23%
US Franchised Units: 2,012
International Franchised Units: 621
Sales Growth %: 7.4%
Unit Growth %: 5.9%