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Popeyes UK has secured £43 million in new financing to support its ongoing expansion plans across the country.
The fast food chain, which now operates more than 80 sites, agreed the new facilities with Barclays Corporate Banking. The funding adds to backing from TDR Capital, which took a majority stake in the business last year.
Popeyes entered the UK market in November 2021. In 2024, the company opened 33 new restaurants, bringing its estate to 65 sites by year-end. This year, it plans to open 45 more locations, aiming to nearly double its UK footprint and create around 2,500 new jobs.
So far in 2025, the company has surpassed 80 operating restaurants. In April, Popeyes also announced a partnership with SSP Group to develop outlets in UK travel hubs, starting with a location at Birmingham Airport this summer.
Drew Taylor, CFO at Popeyes UK, commented: “The new finance facilities will enable us to build on our successful growth in the UK to date and execute our expansion strategy over the coming years, with more than 45 openings targeted in 2025 alone.”
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