Question 1

Is Perkins Restaurant and Bakery or Popeyes Louisiana Kitchen cheaper to open?

Accepted Answer

Perkins Restaurant and Bakery costs $1,443,890–$3,581,375 and Popeyes Louisiana Kitchen costs $1,222,045–$3,923,245 to open (FDD Item 7). Popeyes Louisiana Kitchen has the lower entry cost.

Question 2

Which earns more, Perkins Restaurant and Bakery or Popeyes Louisiana Kitchen?

Accepted Answer

Perkins Restaurant and Bakery reports $1,933,346 average annual unit revenue vs $1,978,635 for Popeyes Louisiana Kitchen (FDD Item 19). Popeyes Louisiana Kitchen is higher. For Perkins Restaurant and Bakery: Reported as net sales, not gross sales.

Question 3

Which is safer, Perkins Restaurant and Bakery or Popeyes Louisiana Kitchen?

Accepted Answer

SBA 7(a) charge-off rate is 6.7% for Perkins Restaurant and Bakery and 10.4% for Popeyes Louisiana Kitchen. Lower is safer, so Perkins Restaurant and Bakery has the stronger loan-repayment record.

Question 4

Which is the better franchise, Perkins Restaurant and Bakery or Popeyes Louisiana Kitchen?

Accepted Answer

FranchiseVerdict grades Perkins Restaurant and Bakery B and Popeyes Louisiana Kitchen A, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Metric	Perkins Restaurant and Bakery	Popeyes Louisiana Kitchen
Verdict Grade	BAbove average	AStrongest tier
Investment Range	$1.4M – $3.6M	$1.2M – $3.9M
Franchise Fee	$40K	$50K
Royalty Rate	4.0%	5.0%
Average Revenue (Item 19)	$1.9M	$2.0M
SBA Charge-Off Rate	6.7% (39 loans)	10.4% (332 loans)
Total Units	257	3,177
Unit Growth (YoY)	-8 units	+44 units
Year Began Franchising	2020	1976
FDD Year	2025	2025

Perkins Restaurant and Bakery vs Popeyes Louisiana Kitchen