FDD Year-over-Year Comparison
Popeyes Louisiana Kitchen FDD: What Changed from 2025 to 2026
The 2026 Popeyes Louisiana Kitchen FDD leaves the Item 7 estimated initial investment range unchanged at $504,545–$3,923,245, while the system grows by 52 outlets (+1.6%) to 3,229 total restaurants.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $504,545 | $504,545 | unchanged |
| High end of range | $3,923,245 | $3,923,245 | unchanged |
| Full range | $504,545–$3,923,245 | $504,545–$3,923,245 |
The Item 7 range matches across both filings at $504,545–$3,923,245.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 3,177 | 3,229 | +52 (+1.6%) |
Popeyes reports 3,229 outlets in the 2026 FDD, up 52 from 3,177 in the 2025 filing.
Item 19 — Financial Performance Representations
Popeyes Louisiana Kitchen included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Item 6 — Ongoing Fees
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Royalty rate | 5% | 5% | unchanged |
The ongoing royalty rate remains 5% of Gross Sales between filings.
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