Tenant Profiles

Popeyes

B+E > B+E INSIGHTS > Tenant Profiles > Popeyes

02/29/2024 By B+E

Popeyes

popeyes.com | Restaurant Brands International, Inc.

33
Number on Market

$2.7M
Average Price

16.6
Average Remaining Term (Years)

5.55%
Average Cap Rate

Popeyes Tenant Overview

Founded in 1972, Popeyes Louisiana Kitchen is an American multinational chain of fried chicken fast food restaurants headquartered in Miami, Florida. The company operates over 3,700 locations in the United States and around the world, offering a wide range of spicy fried chicken and seafood products.

Popeyes is known for its high-quality food and commitment to providing exceptional customer service. The company has a strong presence in the fast food industry and has a proven track record of success. In addition to its flagship Popeyes Louisiana Kitchen locations, the company also operates and franchises Tim Hortons, Burger King, and Firehouse Subs locations through its parent company, Restaurant Brands International Inc.

Tenant Data:

Company	Popeyes Louisiana Kitchen
Parent Company	Restaurant Brands International, Inc.
Ownership	Public
Headquarters	Miami, Florida
Ticker	NYSE: QSR
Credit Rating	BB (S&P)
Annual Revenue	$6.5B (2022)
Locations (North America)	± 3,700
Regions	Multinational
Website	popeyes.com

Average Popeyes Info
Number on Market	33
Average Price	$2,664,770
Average Remaining Term	16.6 Years
Average Cap Rate	5.55%
Average NOI	$148,331
Average PPSF	$1,076
Average Building SF	2,528 SF
Average Lot Size	0.89 AC
AS OF 07/25/2023