Popeyes U.S. comps -5.2% Q2’26Wingstop domestic SSS -7.5% Q2’26KFC U.S. units 3,523 YE’25Dave’s unit growth +52.3% FY’25Chick-fil-A AUV $9.16MCane’s systemwide $5.48B FY’25Franchisee QSR cap 6.85%Corporate QSR cap 5.85%Category growth +5.3% ’25Wings wholesale $0.98/lb YE’25
Operator profile

Ampex Brands

Stable / diversifying KFCPizza HutTaco Bell7-ElevenAu Bon Pain
—
Chicken units
600
Total units
Richardson, TX
Headquarters
Texas
Primary geography
Multi-state

Known activity

  • Approximately 600 locations with revenue close to $500M; ranked 14th among the nation's largest multi-brand franchisees1 (2026)
  • Texas-based franchisee of KFC, Pizza Hut, Taco Bell and 7-Eleven; acquired Au Bon Pain from Panera in 20212 (2021)
  • President and CEO Tabbassum Mumtaz2 (2026)
CSW Analysis

A 600-unit Texas platform with meaningful KFC exposure and a demonstrated willingness to move up the stack — Ampex bought a brand (Au Bon Pain) rather than just more units. Operators who cross from franchisee to franchisor are the ones most likely to be interested in acquiring a regional chicken concept outright.

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.

  1. [1] Franchising.com — 2026 Multi-Brand 50: Scale Evolves into Strategy (2026-06)
  2. [2] CNBC — Yum Brands franchisee Ampex Brands buys Au Bon Pain (2021)