Popeye's - GA

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Popeye's GA
Asking Price:
$295,000

Gross Revenue:
$782,115
Cash Flow:
$130,793
EBITDA:
$130,793
Inventory:
$12,000
not included in asking price

FF&E:
$100,000
included in asking price

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Business Description

Founded in 1972, Popeye's is now one of the world's largest chicken quick service restaurants, with over 2,700 locations in the US and abroad. The brand stands out from the crowd because of its rich Cajun and creole flavors that are unique to Louisiana. Franchisor requires a minimum net worth of $1M with at least $500K liquid. Restaurant experience preferred. This location is absentee run, huge potential for owner-operator!

About the Business

Year Established:
2008
Number of Employees:
4 F/T, 12 P/T
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Amount/Mo.:
$6,000.00
Lease Expiration:
11/1/2028
Facilities:
Located on a corner lot, intersection of May and Athens streets, one mile from Winder-Barrow Middle School, recreational park and Fort Yargo Camping Park. Nearby competition includes Zaxby's, Bojangles, Firehouse Subs, Subway, Taco Bell, and Wendy's.
Market Outlook/
Competition:
Founded in 1972, Popeye's is now one of the world's largest chicken quick service restaurants, with over 2,700 locations in the US and abroad. The brand stands out from the crowd because of its rich Cajun and creole flavors that are unique to Louisiana.
Growth & Expansion:
Room for growth via new development as well as the acquisition of existing units.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Franchisor offers 6 weeks training
Seller Financing:
absentee run

Listing Info

ID:
1475912
Ad Detail Views:
1526

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Business Listed by

Carter Asefi

FranBizNetwork
License# 01962309

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U.S. Census Data for Barrow County, GA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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