Popeyes - Absolute NNN Le For Sale

TARA BOULEVARD RESTAURANT CORPORATION / 755 RESTAURANT CORPORATION 755 Restaurant Corporation is based in Atlanta, GA and was founded in 1995 by baseball legend Hank Aaron and his wife Billye Aaron with 2 Church’s Chicken locations. 755 Restaurant Corporation has a portfolio of 32 quick service restaurants in metro Atlanta, which includes 18 Popeyes Chicken & Biscuits, 12 Burger Kings, and 2 Krispy Kreme Doughnuts locations. The 18 Popeyes locations including the subject property are incorporated as Tara Boulevard Restaurant Corporation (Lessee). AFC ENTERPRISES, INC. / POPEYES CHICKEN & BISCUITS AFC Enterprises develops, operates, and franchises quick-service restaurants (QSRs) under the trade names Popeyes Chicken & Biscuits and Popeyes®Louisiana Kitchen (collectively “Popeyes”). As of December 26, 2010, Popeyes operated and franchised 1,977 Popeyes restaurants in 45 states, the District of Columbia, Puerto Rico, Guam, the Cayman Islands and 26 foreign countries. As of December 26, 2010, of its 1,542 domestic franchised restaurants, approximately 70% were concentrated in Texas, California, Louisiana, Florida, Illinois, Maryland, New York, Georgia, Virginia and Mississippi.