Market profile · Florida
South Florida (Miami / West Palm Beach)
The epicenter of Popeyes franchisee distress — and the market where the franchisor itself paid the highest price per restaurant to take units back.
Tracked activity
- Popeyes corporate acquired 16 Miami-area restaurants out of the Sailormen bankruptcy for $9.6M — roughly $600,000 per restaurant1
- 61 Biscuits LLC acquired three West Palm Beach-area restaurants for $1.11M — about $370,000 per restaurant1
- Popeyes' brand headquarters is in Miami; Sailormen, the bankrupt 136-unit franchisee, was also Miami-based2
Sources
Every figure on this page is attributed. CSW does not publish estimates as facts — where a number is unavailable it is shown as “—”, and where a figure is derived arithmetically from two published figures it is marked as derived.