Popeyes Chicken & Biscuits, sometimes also called Popeyes Louisiana Kitchen and more commonly known as Popeyes, is a restaurant chain that specializes in fried chicken and fast food. Starting its franchise in 1972, it is owned by AFC Enterprise which is a Georgia based company. Today Popeyes Chicken & Biscuits has a presence in nearly 40 states with some 1,800 restaurants.
If we go back to its origin and history, we will have to go back to 1972, when Al Copeland launched “Chicken on the run”, a fast food chicken restaurant. This restaurant serves mild fried chicken but it wasn’t very successful, so Copeland decided to serve a slightly spicier version of his chicken and soon named his restaurant Popeyes.
The first franchise was started in Louisiana. In 1984 Popeyes began to expand globally capturing markets like Canada. In a very short time, Popeyes opened its 500th restaurant and became an industry leader. Popeyes continued to grow and in 1993 AFC took over Popeyes. In 1996 he opened his 1,000th restaurant. Popeyes has also been named “Best Fried Chicken” in many local markets.
Franchising is not just about taking royalties or using any developed brand names, it is about joining your business and helping yourself and the franchise grow. An initial Popeyes franchise fee is $30,000. And the total investment can go from $695,500 to $1,008,500. The term of the agreement will have a validity period of 20 years.
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