Papa Johns vs Popeyes Louisiana Kitchen
Franchise Comparison 2026
Both Papa Johns and Popeyes Louisiana Kitchen are quick-service restaurants franchises. Papa Johns requires an investment of $261K – $853K while Popeyes Louisiana Kitchen requires $1.2M – $3.9M. In terms of revenue, Popeyes Louisiana Kitchen reports higher average unit revenue at $2.0M. On SBA loan performance, Popeyes Louisiana Kitchen has a lower charge-off rate (10.4%) compared to Papa Johns (18.1%). FranchiseVerdict rates Papa Johns A (Strongest tier) and Popeyes Louisiana Kitchen A (Strongest tier).
| Metric | Papa Johns | Popeyes Louisiana Kitchen |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | AStrongest tierStrongest tier |
| Investment Range | $261K – $853K | $1.2M – $3.9M |
| Franchise Fee | $25K | $50K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $1.1M | $2.0M |
| SBA Charge-Off Rate | 18.1% (323 loans) | 10.4% (332 loans) |
| Total Units | 3,291 | 3,177 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2021 | 1976 |
| FDD Year | 2025 | 2025 |
Investment Range
$261K – $853K
$1.2M – $3.9M
Franchise Fee
$25K
$50K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$1.1M
$2.0M
SBA Charge-Off Rate
18.1% (323 loans)
10.4% (332 loans)
Total Units
3,291
3,177
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
1976
FDD Year
2025
2025