Popeyes NNN Properties | 1031 Exchange

Popeyes – One of the Largest and most popular Fast food Restaurant chains in America

You are at the right place if you are looking for crisp and valid information about buying property or taking up a franchise of an international brand like Popeyes. However, before going any further, it would be great to know about the company in detail.

The America based Popeyes Louisiana Kitchen is a world famous multinational chain of fast food restaurants and fried chicken. Since its establishment in the 1972 it became America’s Favorite chicken company. It was initially acquired by Sandy Springs and the restaurant chain became famous by various names like Popeyes Chicken & Biscuits, Popeyes Famous Fried Chicken & Biscuits and sometimes as simply Popeyes. As indicated by a press release, this fast food restaurant group is the second largest quick chicken delivery restaurant group and its greatness is generally measured by the number of units.

At present, it has spread its web worldwide in more than 30 countries. There are near about 2,500 restaurants spread across 40+ states and also in the districts like Puerto Rico and District of Columbia. Apart from that, Popeyes franchise and company-owned outlets are spread across 30 countries like China, Canada, Costa Rica, Republic of Georgia, Northern Cyprus, Jamaica, Malaysia, Peru, Philippines, Saudi Arabia and a lot more.

Now you can also be a part of the Popeyes family if you consider making an investment in a Popeyes franchise. However, before taking the final decision you need to note the current market status and financial status of the company. Read on to get a detailed insight.

Current condition

As said earlier the best way to judge a company is by tracking its financial status, profitability, margin of sales, etc. in the past few years. If you are interested to know every bit of detail, you need to go for an in-depth research of the company’s stock report. The same is the scenario with buying Popeyes property. As far as the current statistics is concerned, Popeyes is standing in a good position since 2015. The average domestic unit gains have seen a rise from $1 million to near about $1.4 million.  The Restaurant Opening Profits in the domestic sphere has been doubled from $1777,000 as it was in 2008 to $340,000 as on 2015. Huge improvement is also noticed in the area of Chicken Quick Service Restaurant and it saw a growth from 14.8% in 2008 to near about 25.5% in 2015.

As far as the Stock Quote is concerned, it was 61.87 as on 13^th January 2017. The previous close was at 62.2 and it opened at 62.25 with a volume of 119,449. As recorded in the 52^nd week the highest count was 63.11 and the lowest count was 49.11.