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Rates
Copeland's of New Orleans

Copeland's of New Orleans

The total investment to open a Copeland's of New Orleans franchise ranges from $3.5M to $4.4M. The initial franchise fee is $40,000. Ongoing royalties are 6% plus a 2.5% advertising fee.

What is the Copeland's of New Orleans franchise?

Copeland's of New Orleans is rooted in New Orleans culinary traditions and was created by Al Copeland, who founded Popeyes Chicken and Biscuits in 1972. He launched Copeland's in 1983 to offer gumbo, crawfish étouffée, jambalaya, and Creole dishes in a full service setting. The brand exceeded 40 locations across 12 states by 2004, then contracted to 12 locations concentrated mainly in Louisiana. It now has 11 units, all owned by franchisees. Al Copeland Investments, headquartered at 1001 Harimaw Court South in Metairie, Louisiana 70001, is the parent company and also operates Copeland's Cheesecake Bistro, Copeland's Social City Bistro, hotels, and comedy clubs. PeerSense assigns the brand a Franchise Performance Index score of 40, rated Fair, indicating that buyers should conduct careful research before comparing it with other full service restaurant franchises in the United States market.

The global full service restaurant market was estimated at USD 15.38 billion in 2025 and is projected to reach approximately USD 23.22 billion by 2035, with a CAGR of 4.21%. A broader estimate places the global sector at USD 1.59 trillion in 2025 and USD 2.05 trillion by 2035, reflecting a CAGR of 2.6%. The United States full service restaurant industry is projected to grow at a CAGR of 3.5% through 2035. About 60% of diners prefer restaurants offering international or ethnic cuisine, which supports concepts built around distinctive regional food. Millennial interest in ambiance, cultural authenticity, and dining experiences also supports brands with a clear geographic identity. Reservation systems using AI, digital ordering, QR code menus, and automated kitchen management are becoming standard operating tools. Demand is also growing for locally sourced ingredients, plant based choices, and clear sourcing practices. Compared with quick service restaurants, the full service category remains fragmented, leaving room for regional concepts with established culinary identities in markets underserved by authentic Creole and New Orleans style food.

The estimated initial investment for a Copeland's of New Orleans franchise is $2,212,579 to $4,447,279, depending on the format, market, real estate, and construction scope. The initial franchise fee is $40,000 to $60,000. Required working capital is $19,779 to $69,779. The continuing royalty is 4% of gross sales. Al Copeland Investments brings experience across restaurants, hotels, and entertainment venues. Training is included in the initial franchise cost. The evaluation process includes a formal Discovery Day at the Metairie, Louisiana home office. Franchise Disclosure Documents are available for 2012 through 2017, giving buyers historical franchise terms and financial representations to review alongside current materials.

A Copeland's unit follows a full service casual dining model with table service, a full kitchen, bar operations where applicable, and front of house guest service. The 2009 Baton Rouge prototype introduced a bakery area, upgraded commercial kitchen, renovated pub style bar, dining space for 220 seated guests, and remodeled outdoor seating. Renovations at the original Copeland's location in December 2024 added refreshed interiors, updated facilities, private dining rooms for 20 to 60 guests, and substantial parking lot work. Al Copeland Investments' Development Department assists with trade area analysis, demographic targeting, and lease negotiation after an Area Development Agreement is completed. Training takes place at the Metairie home office, with Discovery Day included in the evaluation and onboarding process. The franchise does not provide territory protections, so franchisees do not receive exclusive geographic rights and the brand may grant additional franchises or operate company units in any market. In September 2007, Al Copeland Investments operated or franchised 24 Copeland's units, with half under franchise agreements. Andy Gunkler served as Chief Franchise Development Officer in 2010.

Buyers therefore need to perform their own market analysis, seek voluntary information from the franchisor, and compare the opportunity with public data from similar concepts. The 220 seat Copeland's format indicates potential for substantial sales at scale, but no brand specific revenue figure is disclosed. The system grew from more than 40 locations in 12 states during its 1990s peak to 12 locations in four states in the mid 2000s, then 24 units in September 2007, and 11 franchised units today. Working capital of $19,779 to $69,779 should be assessed against the total investment of $2.2 million to $4.4 million and the six to twelve months that industry data indicates a new full service restaurant may need to reach normal operating volume. The 4% royalty and overall fee structure may support margin retention compared with sector averages. Buyers should request voluntary financial information from Al Copeland Investments and speak with current or former franchisees before signing an agreement.

Copeland's has pursued expansion unevenly but consistently during its four decade history. In March 2010, Al Copeland Investments announced openings in Nashville, Tennessee, and Birmingham, Alabama, while franchise agreements were being completed for San Antonio, Texas, and Austin, Texas, through Abydos Hospitality. If completed, those developments would have brought the system to 24 locations across multiple states. Fred Thimm became president and chief executive of the Copeland's restaurant division in June 2007, with responsibility for strengthening the corporate organization for franchise growth. The brand's differentiation comes from its New Orleans culinary heritage and Al Copeland's history as the founder of both Popeyes and Copeland's. Al Copeland also created Al's Diversified Food and Seasonings, a specialty food and spice business serving large national restaurant chains, which supports consistent seasoning and flavor profiles. In April 2019, the Baton Rouge Copeland's location merged with Cheesecake Bistro to create the hybrid Copeland's Classics limited menu format. Renovation announcements in December 2024 included private dining rooms for 20 to 60 guests, supporting event dining. Al Copeland Jr. has participated in recent renovations, showing continued involvement by the Copeland family.

The likely franchise candidate is an experienced operator or hospitality entrepreneur who understands kitchen, bar, dining room, and other service areas and can support a premium restaurant investment through an extended revenue ramp. The $2.2 million to $4.4 million investment and $19,779 to $69,779 working capital requirement call for meaningful financial capacity and business management experience. This is not an entry level concept for a first time owner without hospitality experience. Expansion into Nashville, Birmingham, San Antonio, and Austin in 2010 shows interest in markets beyond Louisiana, particularly Southern and Sun Belt areas where New Orleans cuisine may fit local dining preferences. The lack of territory protection affects the defensibility of a single unit and should be reviewed closely before making a multi unit commitment. Once an Area Development Agreement is in place, the Development Department offers site selection assistance and a process for discussing market strategy. Discovery Day at the Metairie headquarters gives candidates an opportunity to meet corporate leadership and assess the company's systems, management depth, and plans before committing capital in the $2 million to $4 million range.

Copeland's of New Orleans offers a heritage concept with a distinctive culinary identity, a 4% royalty, more than four decades of operating history, and a parent company with restaurant, hotel, and entertainment experience based in Metairie, Louisiana. The full service restaurant market is projected to grow from USD 1.59 trillion in 2025 to USD 2.05 trillion by 2035, while consumer interest in ethnic and regional dining supports the brand's positioning. PeerSense provides due diligence information that includes SBA lending history, Loan Activity Score analysis, location maps with Google ratings, FDD financial data from the 2012 to 2017 document history, and comparison tools for reviewing unit economics, fees, and growth against other full service restaurant concepts. PeerSense is a commercial capital advisory firm, not a lender, and its research can help buyers organize their financing and franchise evaluation process.

Loan Activity Score

40/100

SBA Default Rate

8.3%

Active Lenders

12

According to its Franchise Disclosure Document or public business records, Copeland's of New Orleans has 12 locations, all owned by franchisees. Public SBA loan records show 12 lenders made 12 loans to franchisees of Copeland's of New Orleans. PeerSense calculates Copeland's of New Orleans's score as 40 out of 100, using public SBA loan performance and recent lending activity.

Franchising since 1983 · 12 locations

Investment

$3.5M to $4.4M

Franchise Fee

$40,000

Total Units

12

12 franchised

Loan Activity Score
High
40
SBA Lending
12
Lender Quality
9
Transparency
9
Reach
7
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
12SBA lenders

Distinct lenders in public SBA records for Copeland's of New Orleans

12

Total SBA loans

$794K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Copeland's of New Orleans

Loan Activity Score Breakdown

Growing (10 to 24 loans)

High Confidence
40out of 100
Fair
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety12/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency9/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint7/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

8.3%

vs 10.3% peer avg

SBA Loans

12

Total Volume

$9.5M

Active Lenders

12

1 selective

States

8

vs. SBA Sector Average

+2%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (8.3%)

Data Insights

Key performance metrics for Copeland's of New Orleans based on SBA lending data

SBA Default Rate

8.3%

2.0% below peer avg

SBA Loan Volume

12 loans

Across 12 lenders

Lender Diversity

12 lenders

Avg 1.0 loans per lender

Investment Tier

Premium investment

$3,522,579 to $4,447,279 total

Payment Estimator

Loan Amount$2.8M
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$36,465

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Copeland's of New Orleans, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Copeland's of New Orleans

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman