Popeyes Louisiana Kitchen franchise financing options

Overall costs for Popeyes Louisiana Kitchen run anywhere from $374,200 to $2,602,200. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

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 fees

Popeyes Louisiana Kitchen franchise fees total around $50,000, which is more than the $37,000 average for the 200 largest franchises.

Franchise	Cost
Franchise fee	$50,000 to $50,000
Royalty	5% of gross sales.
Estimated total	$50,000 to $50,000

Equipment fees

Equipment fees total $325,000 for Popeyes Louisiana Kitchen. This costs more than the $180,023 average for the top 200 franchises.

Equipment	Cost
FF&E signage and technology	$165,000 to $485,000
Estimated total	$165,000 to $485,000

Real estate fees

Real 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	Cost
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 fees

Popeyes Louisiana Kitchen initial training costs total $20,700 — more than the nationwide average of $9,788.

Training	Cost
Initial training	$17,200 to $24,200
Estimated total	$17,200 to $24,200

Administrative fees

Popeyes Louisiana Kitchen administrative fees total up to $17,250 — which comes in over the overall nationwide average of $6,761.

Admin	Cost
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 expenses

Miscellaneous expenses for Popeyes Louisiana Kitchen total $161,500 — more than the nationwide average of $69,970.

Other	Cost
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

All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Popeyes Louisiana Kitchen is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the Popeyes Louisiana Kitchen franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to Popeyes Louisiana Kitchen about in-house financing for franchisees.
3. 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.
4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
5. Once you settle on a lender, gather all required documents, including account statements and assets.
6. 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.

Also check if Popeyes Louisiana Kitchen franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You 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.

How Popeyes Louisiana Kitchen stacks up

Compare 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 line

Popeyes 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.