Atlanta-based AFC Enterprises (NASDAQ:AFCE), franchisor and operator of fast food restaurant chain Popeyes Chicken, announced plans to open at least 100 new store locations, depending on how fast it can line up franchisees. At the end of 2006, Popeyes had 1,559 U.S. restaurants. The chicken & biscuits fast-food joints’ growth is heavily dependent on qualified existing and new franchisees opening new restaurants. Last year, the company opened 100 new U.S. restaurants, while 37 were shuttered.
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