How much does a Popeyes owner make a year?

How much does a Popeyes owner make a year?

How Much Profit Does Popeyes Franchise Make Per Year? The average operating profits per store was $312,782 according to the Popeyes FDD (franchise disclosure document). This number reflects the profit before taking tax, fees, and interest on debt into consideration.Nov 3, 2021

How much does it cost to own a Popeyes?

The initial franchise fee for a Popeyes restaurant is $50,000 and the total estimated investment per location is between $235,000 and $454,000. Why the large window in estimated costs? Don't forget that real estate prices can vary greatly based on location.Nov 27, 2020

How much is a Popeyes franchise worth?

The initial franchise fee for a Popeyes restaurant is $50,000 and the total estimated investment per location is between $235,000 and $454,000.Nov 27, 2020

How much money does the CEO of Popeyes make?

According to Wallmine, Cil's current estimated net worth is an eye-popping amount of "at least $37.3 million," with over $20 million being brought in as his salary at RBI. The website also states that Cil is the highest-paid executive at the company currently.Apr 7, 2021

How much money can you make owning a franchise?

Initial Investment. Your earnings potential as a franchise owner depends largely on the brand and industry. Franchise owners in the restaurant industry earn an average of $82,000 per year, which is pretty solid considering the salary range of a non-franchise restaurant owner can range from $24,000 to $155,000.Apr 30, 2021

How do you become a Popeyes franchise owner?

Popeyes franchise requirements Popeyes requires franchisees to have a net worth of $1 million per restaurant, $500,000 of which has to be in liquid assets. Ideally, Popeyes is looking for franchisees with experience in the restaurant business.Nov 27, 2020

What is Popeyes ongoing royalty fee?

Type of Fee Amount ----------------------------- ----------------------------------------------------------------------------------------------------------------------------- Royalty 5% of gross sales. Advertising Fund Contribution 4% of gross sales. Advertising Co-op Currently, 0.25% to 1.75% of gross sales as established by local advertising co-op (in addition to advertising contribution).

What is the most profitable franchise to own?

- Dunkin' - 7-Eleven. - Planet Fitness. - JAN-PRO. - Taco Bell. - Orangetheory Fitness. - Great Clips. - Mac Tools.