Business For Sale

Network of 2 Popeye’s Franchises in Upstate NY

Not Disclosed, NY


Asking Price: Annual Revenue:
$1,600,000 $2,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Network of 2 Popeye’s Franchises in Upstate NY Broker: Ken Stein

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $395,000
Total Debt: Not Disclosed
FF&E: $1,600,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 26
BBN Listing #: 24074701
Broker Reference #: 13528

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Business Overview:

A rare opportunity to purchase 2 Popeye’s stores in upstate NY. The stores were recently built and both have long term leases and franchise terms in place. Both stores have a Drive-Thru and are not 24 hour stores. Combined Rent as a percentage of sales is ONLY 4.3% which is unheard of in the QSR world. Both stores operate 100% Absentee. A more hands-on owner operator could increase sales, reduce labor costs and increase profits. This is a tremendous opportunity to join the brand. Popeye’s has been ranked number 27 of the top 100 restaurants in 2015 by Nations Restaurants News. If you are looking to join a well-known respected QSR system with over 2,000 locations and system-wide sales of $2.4 Billion, then this store might be for you. To be approved by Popeye’s the buyer must have experience operating multi-unit fast food franchise brands or something similar. Please refer to listing number 13528 when inquiring about this opportunity.

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Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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