GE Capital Franchise Finances Popeyes Units
GE Capital Franchise Finance (GEFF) announced it provided financing to Z&H Foods to develop more than 20 Popeyes units and to refinance debt. GE Capital Markets served as administrative agent on the transaction.
Popeyes Louisiana Kitchen is a developer, operator and franchisor of quick-service restaurants. With over 2,000 company-operated and franchised restaurants, it’s the world’s second-largest quick-service chicken concept based on the number of units.
“As Popeyes continues to bring its unique New Orleans style menu to new markets and expand its reach, we’re glad to support its franchisees with the financing they need,” said Trey Brown, the leader of GEFF’s restaurant sales.
Based in Sugarland, TX, Z&H operates more than 90 Popeyes units in multiple markets in Texas and, more recently, in Phoenix, Denver and Salt Lake City.