Popeyes Franchisee That Closed Multiple Locations Last Year Files Bankruptcy; Assets Reportedly to be Sold

Joel Eisenberg

The entity’s remaining restaurants will stay open during the process.

PopeyesPhoto byShutterstock

Author’s Note

This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: Wikipedia.org and RestaurantDive.com.


I write extensively about the Popeyes restaurant chain for NewsBreak, an entity that has continued to face severe financial challenges since the advent of the pandemic.

Wikipedia features a comprehensive and well-attributed overview of the stalwart restaurant group: Popeyes Louisiana Kitchen, Inc., also known as Popeyes and formerly named Popeyes Chicken & Biscuits and Popeyes Famous Fried Chicken & Biscuits, is an American multinational chain of fried chicken fast food restaurants formed in 1972 in New Orleans, Louisiana and headquartered in Miami... About 50 locations are company-owned; the vast remainder are franchised.

Now comes word that a major company franchisee has filed for Chapter 11 bankruptcy protection following the death of its founder.

Let us explore further.

Popeyes, 2023

According to a report from RestaurantDive.com, entitled “Popeyes Franchisee Files For Bankruptcy Following Founder’s Death,” the entity’s current restaurant holdings will continue to operate during the process.

As excerpted from the report: Premier Cajun Kings, a Popepes franchisee that currently operates 19 Popeyes restaurants, declared bankruptcy this week following the untimely death of its sole owner and manager, Manraj Sidhu, court filings state... Premier Cajun Kings marks the third franchisee within the Restaurant Brands International’s system to file for Chapter 11 bankruptcy protection this year. Burger King franchisees Toms King and Meridian Restaurants Unlimited also filed for bankruptcy.

Multiple Popeyes restaurants shuttered within the last year in part due to franchisee bankruptcies.

As it regards Premier Cajun Kings, the report goes on to state: As of March 2023, the company employs 398 people after closing 10 restaurants in Alabama and Tennessee within the last year to try and avoid additional losses and help stabilize the company... The closure of 10 stores didn’t prevent PCK’s insolvency, however. The company reported sales of $26 million and net operating losses of $6.8 million in 2022. As of March 2023, the company has about $10 million in assets and about $20.1 million in liabilities. 

The company entered into a franchisee agreement with the understanding a future buyer would be part of the arrangement.


This is a developing story. In the event of pertinent updates to this matter, inclusive of progress and official announcements of milestone dates, I will share them here on NewsBreak.

Thank you for reading.

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I am an award-winning author, screenwriter for film and television, and producer. My mission on News Break is to share socially important perspectives on both culture and pop-culture. Member of PEN America, and the WGA.

Northridge, CA

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