Popeyes – A US chicken chain is planning to open 30 new stores in the UK. The company Popeye Louisiana Kitchen, Inc.’s parent company is Restaurant Brands International, Restaurant Brands International Inc which is the holding company for Burger King, Tim Hortons, Popeyes & Firehouse Subs. With more than $40 billion in Annual system wide sales, the company is one of the largest fast food companies in the USA.
If you are interested in investing in Restaurant Brands International, go to their website and read the investor news. If you go through the company presss releases, you will see that the company is also expanding Popeyes into China. This expansion into two overseas markets means the Popeyes chain is strong enough to sustain multiple growth channels overseas.
The parent company also agreed to purchase Carrols which is the largest US franchisee of Burger King restaurants in the United States operating 1,022 restaurants in 23 states and operating 60 popeye restauraants in six states. The company plans on renovating all the restaurants over the next five years to update those restaurants images.
If you are a fan of Popeye chicken or one of their other three brands, think about investing in this company as one of your long term stock options. Understand how franchisee system works before purchasing.
As an investor in the parent company, you are investing in the support unit for the franchisees. The main company may purchase franchisee back like they are doing with Carrols but their main focus is supporting franchise operational needs to ensure that all franchise locations offer identical brand identities and levels of quality.
I hope this little bit of information sparks your interest in franchise investing and a US/Canadian company expanding into the UK and China food market.
E.Horstkamp 22/1/24
