Does Burger King Own Popeyes In 2022? (Not What You Think)
Fast food restaurant
October 22, 1948
Number of locations
Mark Taylor, COO
Roger Kotch, CFO
US$575 million (2017 estimate)
Burger King franchise customers enjoy the made-to-order Whoppers (or onions rings), and their shakes. But they are often curious if other fast food restaurants have been acquired by the company.
Does Burger King Own Popeyes In 2022?
Popeyes, owned by Tim Hortons and Burger King parent companies, was bought for 1.8 Billion dollars. The merger occurred in 2017 after Restaurant Brands International, a Toronto-based corporation, acquired the Louisiana-style franchises with a $600 million deposit. These franchises are now expanding internationally after the transaction was closed in April 2017.
Did Burger King Buy Popeyes?
Because Popeyes is not an entity, the Burger King corporation actually did not purchase it.
Restaurant Brand International in Toronto owns Burger King.
In reality, Popeyes was purchased by the Burger King franchisor and Tim Hortons corporation.
This makes the statement that Burger King bought Popeyes somewhat true but not wholly accurate, as Burger King is an extension of Restaurant Brands International.
The purchase of Popeye’s by Restaurant Brands International will have an impact on Burger King
Burger King and Popeyes, as usual will continue to update their menus with new and improved offerings. They will keep their iconic foods such as the Whopper burger or Louisiana-style chicken.
In this regard, Burger King and Popeyes will be marketed to the masses by Restaurant Brand International, both domestically and abroad. There could be many benefits for Burger King-lovers all around the globe.
What will the Merger Do to Burger King’s Customers?
Restaurant Brand International holds the Popeyes and Burger King brand; but, Franchisees are able to purchase many restaurants within RBI’s network.
Carroll’s Restaurant Group purchased 220 Burger Kings or Popeyes from the US’ largest Burger King Franchisees. These units were promised to be available in quick service in Southeastern US.
It means consumers can now access the Popeyes and Burger King brand in the future. This is a win-win situation for everyone.
Will Burger King and Popeyes Cross Over as a Franchise?
Similar to how Taco Bell and Pizza Hut combined their drive-thrus and restaurants, Burger King and Popeyes are in the works.
Restaurant Brands International hopes to become a partner in North America’s over 10.000 restaurants in the future.
In addition, such drive-thrus enhance the consumer experience as customers can buy food from either franchise any time they want. You may also be able in the near future to purchase a Whopper and Creole-style Rice.
What Kind of Food Will Popeyes and Burger King Drive-Thrus Serve?
Popeyes, though it will undergo some changes, is largely the same Burger King.
You may have to remove items that didn’t sell; there might also be price increases and name modifications.
They may keep some of the most popular items from their menu. These changes won’t be noticeable to customers at Burger King or Popeyes.
Did Burger King Experience a Problem With Branding After the Popeye’s Merger?
Burger King and Tim Hortons merging?
Popeye’s restaurant was purchased by Burger King. Many people were curious if a Tim Horton/Popeye’s merger might be imminent. Tim Horton’s mainly a Canadian franchise, but there are still a few locations in America.
This may mean that Tim Hortons and American-based Burger King franchises could combine. If this is on the horizon, Burger King could see its profitability rise, which would mean greater marketplace longevity.
To know more about Burger King, you can also see our related posts on how much is it to own a Burger King franchise, if Burger King takes Apple Pay, and where does Burger King get their beef.
The company, International Restaurant Brands, which owns Burger King, did buy Popeyes. It isn’t the same as saying Burger King purchased Popeyes. Burger King does not exist alone as an entity corporate.
That said, Burger King is now aligned with Popeyes and, shortly, Tim Hortons. This is good news for American diners, who may not mind a heaping helping of red beans and rice with their Whopper.
.Does Burger King Own Popeyes In 2022? (Not What You Think)