With gross sales of $1.4 million on average, that's about $140k from $340k.
Also, that doesn't include any business loan interest.
3.5%-4% on $1 Million = another $35k
Also, the franchisee has to agree x amount of stores in a market, with a timetable to add those stores. So profits roll right into another project.
Also what is not discussed is the 3-5 years that it takes to get a store truly running.
Popeyes wants $1,000,000 of liquid assets, to start, just one store, in order to operate the business, until it is self sufficient.
Unlike you I referenced the actual documentation from Popeyes. Your documentation was pulled from your butt.