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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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