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Popeyes Louisiana Kitchen franchise financing options
Compare costs, fees and where to get financing for a Popeyes Louisiana Kitchen.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Popeyes Louisiana Kitchen franchise may result in higher or lower fees.
Franchise feesPopeyes Louisiana Kitchen franchise fees total around $50,000, which is more than the $37,000 average for the 200 largest franchises.
|Franchise fee||$50,000 to $50,000|
|Royalty||5% of gross sales.|
|Estimated total||$50,000 to $50,000|
Equipment feesEquipment fees total $325,000 for Popeyes Louisiana Kitchen. This costs more than the $180,023 average for the top 200 franchises.
|FF&E signage and technology||$165,000 to $485,000|
|Estimated total||$165,000 to $485,000|
Real estate feesReal estate will set you back $913,750 for Popeyes Louisiana Kitchen, which is more expensive than the average of $788,376 for the top 200 franchises.
|Real estate and improvements||Variable to|
|Site work||$0 to $650,000|
|Building||$100,000 to $1,025,000|
|Utility deposits||$2,500 to $50,000|
|Estimated total||$102,500 to $1,725,000|
Training feesPopeyes Louisiana Kitchen initial training costs total $20,700 — more than the nationwide average of $9,788.
|Initial training||$17,200 to $24,200|
|Estimated total||$17,200 to $24,200|
Administrative feesPopeyes Louisiana Kitchen administrative fees total up to $17,250 — which comes in over the overall nationwide average of $6,761.
|Opening supplies||$11,500 to $23,000|
|Audit||Cost of audit.|
|Costs and attorneys' fees||Franchisoru2019s costs and expenses.|
|Indemnity||The losses and expenses the franchisor incurs.|
|Estimated total||$11,500 to $23,000|
Other expensesMiscellaneous expenses for Popeyes Louisiana Kitchen total $161,500 — more than the nationwide average of $69,970.
|Soft costs||$8,000 to $265,000|
|Three months' additional funds||$20,000 to $30,000|
|Guest recovery fee||Varies.|
|Estimated total||$28,000 to $295,000|
How to financeSince the estimated total for Popeyes Louisiana Kitchen is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Popeyes Louisiana Kitchen franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Popeyes Louisiana Kitchen about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $1,488,200 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Popeyes Louisiana Kitchen — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Popeyes Louisiana Kitchen opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $374,200. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Popeyes Louisiana Kitchen stacks upCompare how Popeyes Louisiana Kitchen holds up against two similarly sized franchises.
|Arby's||Popeyes Louisiana Kitchen||Cruise Planners|
|Average Franchise fees||NA||$50,000||NA|
|Average Equipment fees||$371,000||$325,000||NA|
|Average Real estate fees||$919,875||$913,750||NA|
|Average Training fees||NA||$20,700||NA|
|Average Inventory fees||$22,000||NA||NA|
|Average Marketing fees||NA||NA||NA|
|Average Licenses and permits fees||$31,750||NA||NA|
|Average Insurance fees||NA||NA||NA|
|Average Admin fees||NA||$17,250||NA|
|Average Personnel fees||$31,250||NA||NA|
|Average Other fees||$66,500||$161,500||NA|
Bottom linePopeyes Louisiana Kitchen franchise costs run a total of $1,488,200. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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