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

SBH Foods PLK LLC

Acquiring Popeyes
5
Chicken units
5
Total units
Not disclosed
Headquarters
Savannah, GA
Primary geography

Known activity

  • Acquired five Savannah-area Popeyes restaurants out of the Sailormen bankruptcy for $650,0001 (2026)
CSW Analysis

Small, geographically tight acquisition at $130,000 per restaurant. Sub-10-unit buyers taking single-market packages out of a larger bankruptcy is how new operator platforms typically start.

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] QSR Magazine — One of Popeyes' Largest Franchisees Sells 97 Restaurants out of Bankruptcy (2026)