Popeyes Franchise Cost
How much does a Popeyes franchise cost? Well, there isn’t a single answer for this question because a lot goes into consideration when launching a Popeyes franchise. In this guide, we are going to look at the amounts that you can expect to pay if you decide to franchise out with the Popeyes brand.
But just to give you a heads up, it may cost you between $383,500 - $2,620,800 to set up a 3-month operational Popeyes franchise. Note that the figures mentioned are not inclusive of the real estate or land expenses.
That aside, the following are the Popeyes franchise costs that you can expect to pay if you decide to start a franchise under the brand’s name.
Popeyes Franchise Cost Breakdown
|Franchise Fees||$30,000 to $50,000|
|Soft Costs||$8,000 to $265,000|
|Site Work||Up to $650,000|
|Building||$100,000 to $1,025,000|
|Fixtures, Furniture, Equipment and Signage||$165,000 to $485,000|
|Initial Training Costs||$17,200 to $24,200|
|Opening Supplies||$11,500 to $23,000|
|Insurance Costs||$8,000 to $18,000|
|Utility Deposits||$2,500 to $50,000|
|Business Licenses||$300 to $600|
|Additional Funds||$20,000 to $30,000|
|Total||$383,500 to $2,620,800|
If you think opening a Popeyes franchise is right for you, then you can move on to the next step and explore the different funding opportunities available to you.
Otherwise, keep reading to get a more detailed summary of the expenses for this franchise.
Summary of Expected Expenses
The franchise fees of starting a Popeyes franchise restaurant may vary depending on the type that you want. The franchise fee typically ranges between $30,000 and $50,000.
Soft costs refer to the pre- and post-construction expenses which include architectural, engineering, financing, and legal fees. The soft costs for a Popeyes franchise are variable and range between $8,000 and $265,000.
Site work, another construction term, covers all the excavation, backfill, etc. work that must be done. The site work is a bit more expensive and can cost you a maximum of $650,000 in total.
Like site work, building your franchise is also a capital intensive process that can cost you anywhere between $100,000 and $1,025,000 in total. The actual cost depends on the location, property size, and the type of structure that you want to build.
Signage, Furniture, Fixtures, and Equipment
The cost for the signage, furniture, fixtures, equipment, and technology for your restaurant will likely cost you between $165,000 and $485,000.
Initial Training Costs
The initial training costs to start a Popeyes franchise typically ranges between $17,200 and $24,200.
As a newly set up Popeyes franchise, you will need opening supplies. You can expect the amount you'll need for this will range between $11,500 and $23,000 in total.
Every franchise needs insurance and Popeyes is no exception. The cost for insuring your Popeyes franchise will typically range between $8,000 and $18,000.
The utility deposits for your franchise will typically range between $2,500 and $50,000.
The business licenses to operate your franchise are the cheapest expenses on this Popeyes franchise cost overview. The licenses for operation are estimated to be between $300 and $600.
The additional funds you may need as you start your franchise range between $20,000 and $30,000.
And the grand total is...
The final estimated total from this Popeyes franchise cost overview range from $383,500 - $2,620,800. Again, these estimations vary depending on the type of restaurant you have in mind for the franchise. If you want more detailed and accurate estimates, you'll need to talk to the Popeyes franchise team.