Do you love Popeyes? A lot of people do and so it’s a great franchise to get started with. Their brand is known for their delicious chicken and other popular dishes.
So, you may be wondering, how much does a Popeyes franchise cost? As with most franchises, the cost can vary depending on a lot of different factors.
To give you a ballpark estimate, you can expect to need between $383,500 and $2,620,800 to open and operate a Popeyes franchise for the first 3 months. If you’d like to learn about the best ways to fund your franchise, click here, otherwise read on for a cost breakdown.
Franchise Fees
Every franchise has an initial franchise fee. For Popeyes, that fee ranges between $30,000 and $50,000, depending on the type of franchise restaurant you want to open.
Soft Costs
The soft costs for opening a Popeyes franchise range between $8,000 and $265,000. These costs include the various pre- and post-construction expenses (ie. architectural, engineering, legal, etc.).
Site Work
The site work costs will typically go up to a maximum of $650,000 total. Site work includes all the excavation, backfill, etc. work.
Building
The building and property costs will typically range between $100,000 to $1,025,000 in total, but it can vary greatly depending on the location, property size, and the type of structure you choose to build.
Signage, Furniture, Fixtures, and Equipment
Your franchise will need proper signage, equipment, furniture, fixtures, and technology to operate and be successful. For these things, you can expect to spend between $165,000 and $485,000.
Initial Training Costs
To start a Popeyes franchise, you will need to complete initial training. The training costs will usually range between $17,200 and $24,200.
Opening Supplies
The opening supplies for a Popeyes franchise usually ranges between $11,500 and $23,000.
Insurance Costs
The cost for insuring a Popeyes franchise usually ranges between $8,000 and $18,000.
Utility Deposits
The utility deposits usually range between $2,500 and $50,000. The amount depends on a lot of different factors.
Business Licenses
The licenses you need to operate will likely cost you between $300 and $600.
Additional Funds
To ensure your franchise has the funding needed to operate during the first 3 months, it is best to have $20,000 to $30,000 in additional funds on hand if you need it.
Total Estimated Cost
You can expect to need between $383,500 and $2,620,800 to open a Popeyes franchise. The cost varies depending on the type of restaurant you want to open for this franchise. For more detailed and accurate estimates, you can talk to the Popeyes franchise team.
Ready to fund your Popeyes franchise? Click here to learn about the best funding options you may qualify for.
If you’re not sure Popeyes is the right franchise for you, then check out Choosing the Right Franchise, or read our guide on How to Start a Franchise.
Helpful Resources
How to Get Funding to Open a Franchise
Choosing the Right Franchise
How to Start a Franchise
