Popeyes

Interested in selling your Popeyes NNN property or Popeyes ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Popeyes NNN property for sale or Popeyes ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Popeyes NNN property or the inclusion of a Popeyes ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Popeyes properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, Popeyes has over 4,000 stores in 30 countries and territories. Of these, over 2,600 are located in the United States and Canada.

Revenue and income

In 2022, Popeyes’ total revenue was $3.5 billion. Net income was $420 million.

Future plans

Popeyes plans to continue expanding its global footprint. In 2023, the company plans to open over 1,000 new stores worldwide. Popeyes also invests in new technologies like digital ordering and delivery services.

Corporate vs. franchise

About 80% of Popeyes stores are franchised. The remaining 20% are corporate-owned. Franchisees typically pay a franchise fee of $50,000 to $100,000 and a royalty fee of 5% of gross sales.

Additional information about Popeyes properties

Popeyes originated as a fast-food restaurant in 1972 in Arabi, Louisiana.
The company is known for its Louisiana-style fried chicken.
Popeyes is a popular international fast-food chain.
The company’s most popular products include its signature spicy chicken and Cajun fries.
Popeyes is a subsidiary of Restaurant Brands International, a Canadian multinational fast-food holding company.

Popeyes History

Popeyes traces its roots back to 1972 when Al Copeland opened a chicken restaurant in Arabi, Louisiana. Originally named “Chicken on the Run,” the restaurant became known as Popeyes after Popeye Doyle, a fictional detective in the movie “The French Connection.” Over the years, Popeyes gained popularity for its distinctive Louisiana-style fried chicken and flavorful offerings. The brand expanded rapidly, becoming a prominent player in the fast-food industry. In 1993 Popeyes merged with AFC Enterprises, Inc., solidifying its position as a global fast-food chain.

Why Invest in Ground Lease and NNN Lease of Popeyes?

Investing in Popeyes’ ground lease and triple net (NNN) lease properties presents compelling reasons:

1) Popeyes NNN Property Investment: Stable income

With a well-established brand and a strong presence in the fast-food market, Popeyes provides reliable income streams. Ground and NNN leases offer predictable cash flows over the long term.

2) Popeyes NNN Property Investment: Established tenant

Popeyes’ success and recognizable brand reduce the risk of vacancy or lease default, ensuring a stable tenant for the property.

3) Popeyes NNN Property Investment: Low management responsibility

In-ground and NNN leases, the tenant manages property maintenance and expenses, minimizing the landlord’s management obligations.

4) Popeyes NNN Property Investment: Favorable lease terms

Long lease terms with built-in rent escalations provide predictable income and potential rental growth.

5) Popeyes NNN Property Investment: Real estate value

Popeyes’ strategic locations in high-traffic areas can increase property value, offering potential capital appreciation.

Pros and Cons of Popeyes Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Popeyes’ success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.

Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.