Interested in Purchasing a Popeyes Property for Investment?
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Popeyes – One of the Largest and most popular Fast food Restaurant chains in America
You are at the right place if you are looking for crisp and valid information about buying property or taking up a franchise of an international brand like Popeyes. However, before going any further, it would be great to know about the company in detail.
The America based Popeyes Louisiana Kitchen is a world famous multinational chain of fast food restaurants and fried chicken. Since its establishment in the 1972 it became America’s Favorite chicken company. It was initially acquired by Sandy Springs and the restaurant chain became famous by various names like Popeyes Chicken & Biscuits, Popeyes Famous Fried Chicken & Biscuits and sometimes as simply Popeyes. As indicated by a press release, this fast food restaurant group is the second largest quick chicken delivery restaurant group and its greatness is generally measured by the number of units.
At present, it has spread its web worldwide in more than 30 countries. There are near about 2,500 restaurants spread across 40+ states and also in the districts like Puerto Rico and District of Columbia. Apart from that, Popeyes franchise and company-owned outlets are spread across 30 countries like China, Canada, Costa Rica, Republic of Georgia, Northern Cyprus, Jamaica, Malaysia, Peru, Philippines, Saudi Arabia and a lot more.
Now you can also be a part of the Popeyes family if you consider making an investment in a Popeyes franchise. However, before taking the final decision you need to note the current market status and financial status of the company. Read on to get a detailed insight.
As said earlier the best way to judge a company is by tracking its financial status, profitability, margin of sales, etc. in the past few years. If you are interested to know every bit of detail, you need to go for an in-depth research of the company’s stock report. The same is the scenario with buying Popeyes property. As far as the current statistics is concerned, Popeyes is standing in a good position since 2015. The average domestic unit gains have seen a rise from $1 million to near about $1.4 million. The Restaurant Opening Profits in the domestic sphere has been doubled from $1777,000 as it was in 2008 to $340,000 as on 2015. Huge improvement is also noticed in the area of Chicken Quick Service Restaurant and it saw a growth from 14.8% in 2008 to near about 25.5% in 2015.
As far as the Stock Quote is concerned, it was 61.87 as on 13th January 2017. The previous close was at 62.2 and it opened at 62.25 with a volume of 119,449. As recorded in the 52nd week the highest count was 63.11 and the lowest count was 49.11.
Status of sales
As said earlier, the last two years was great for Popeyes. They are happy to have served numerous smiling customers with as many as seven limited time offers and all of them were highly successful. Out of these seven LTOs, Red Stick Chicken was highly successful to set an all-time weekly sale breaking all records. With this path-breaking success it also made its identity as the most successful LTO in the history of Popeyes.
Investment in Popeye Properties
Tall this discussion is just an overall view of the financial condition of your favorite fast food chain Popeyes. If you are looking forward to gain more insight, you need to go for through research. At the moment, if you are satisfied with the above information you will also be elated to know that Popeyes property is available for sale both in the US as well as in any country worldwide. So, this is no doubt a great time to start a new venture as Popeyes is always waiting to lease out franchise to left positive impact on guest experience.
Popeyes Properties For Sale Across the United States :
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands, Washington, West Virginia, Wisconsin, Wyoming