Franchise FAQ

how long has bojangles been franchising

by Ms. Lilla Kovacek Published 1 year ago Updated 1 year ago
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How much does it cost to buy into a Bojangles franchise?

Bojangles Franchise Costs & FeesName of FeeLowHighInitial Franchise Fee$20,000$20,000Insurance$5,000$10,000Pre-opening Salaries, Travel, Living Expenses during Initial Training$98,000$149,000Pre-opening Rent$0$16,0006 more rows

Who owns the most Bojangles franchises?

Today, BOJ of WNC is the nation's largest franchisee of Bojangles restaurants with nearly 100 locations. BOJ of WNC is a family-owned business. When you join our team, you're becoming part of a family that genuinely cares about your future.

Are Bojangles franchises profitable?

Bojangles restaurants average $1.8 million per year, of which on average, over $650,000 is generated before 11:00 a.m. in the morning. Bojangles has had 19 consecutive quarters of same store sales growth including a 7% gain for the quarter ending in December.

How long has Bojangles been in business?

Our Company: Tands, Inc. & Bojangles. Bojangles'® began in 1977 as the dream of operators Jack Fulk and Richard Thomas.

What state is Bojangles most popular in?

Top 10 States with the most Bojangles storesNorth Carolina. 339 (43%) A store for every 30,938 people, in North Carolina with about 43% of the total number of Bojangles stores.South Carolina. 142 (18%) ... Georgia. 104 (13%)

Which franchise owner makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

How much does the average Bojangles owner make?

How Much Money Can a Bojangles Franchisee Make? $2,000,000 isn't spare change for most people, so what should you expect if you decide to build a Bojangles store? To start off, the average sales of a Bojangles location is $1.9M and EBITDA is 11%, so you can expect to make $209,000 on an average location.

What is the most profitable franchise in the US?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

How much do you make owning a Bojangles?

2021 Bojangles Median Franchise Sales: $1,972,608 Based on the median sales provided by Bojangles's franchise locations, at an average of a 15% profit margin it will take around 11 years to recoup your investment.

How much is Bojangles stock?

Key Turning Points52-Week High17.10Last Price16.09Fibonacci 61.8%14.90Fibonacci 50%14.23Fibonacci 38.2%13.551 more row•Jan 25, 2019

Why is Bojangles running out of chicken?

CHARLOTTE — A shortage of poultry in America has been hitting the restaurant industry and now the Charlotte-based Bojangles said it is affecting one of its most popular menu items. Popularity for chicken has made it difficult for the supply to keep up with the demand, Bloomberg reported.

What does Bojangles stand for?

Young Bill was reared by his grandmother, Bedilia Robinson, who had been a slave. In Richmond, he got the nickname "Bojangles" from "jangler," meaning contentious, and he invented the phrase "Everything's Copasetic," meaning tip-top. Bill Robinson began dancing in local saloons at the age of six.

Who owns the Bojangles chain?

Jordan Company Durational Capital ManagementBojangles (restaurant)Bojangles in Tifton, GeorgiaProductsFast food, including fried chicken, biscuits, french friesRevenueUS$547 million (2021)OwnerJordan Company Durational Capital ManagementNumber of employees9,900 (2021)11 more rows

How much do you make owning a Bojangles?

2021 Bojangles Median Franchise Sales: $1,972,608 Based on the median sales provided by Bojangles's franchise locations, at an average of a 15% profit margin it will take around 11 years to recoup your investment.

Who owns the most McDonald's franchise?

Arcos Dorados Holdings Inc. is a company that owns the master franchise of the fast food restaurant chain McDonald's in 20 countries within Latin America and the Caribbean. It is the largest McDonald's franchisee in the world in terms of system-wide sales and number of restaurants.

Where is the world's largest Bojangles?

Bojangles – Charlotte, North Carolina Order some delicious chicken and biscuits at the largest Bojangles. Located at 1601 E. Main St., this 5,000-square-foot building sits on two acres.

Why did Bojangles get fame?

Bojangles' received fame in 1989 because its restaurants remained open when Hurricane Hugo struck the Carolinas when most other fast-food restaurants had closed.

How many Bojangles locations are there?

In December 2019, Bojangles' and Love's Travel Stops & Country Stores came to an agreement to add 40 Bojangles' locations at Love's Travel Stops in Illinois, Oklahoma, Arkansas and Mississippi - all new states for Bojangles' - over the following ten years.

What is a bojangles?

Bojangles (known as Bojangles' Famous Chicken 'n Biscuits until 2020) is an American regional chain of fast food restaurants that specializes in cajun-seasoned fried chicken and buttermilk biscuits that primarily serves the Southeastern United States .

What is a bojangler chicken sandwich?

They also offer boneless chicken tenders known as "Chicken Supremes" which are served with a variety of dipping sauces, fried and grilled chicken sandwiches, a fish sandwich known as the "Bojangler" and a number of salads which can be topped with either grilled or fried chicken.

When did Bojangles drop the apostrophe?

On August 3, 2020 , the company released a statement saying that it was dropping the apostrophe from its name. On the same day, Bojangles released a video announcing a partnership with Dale Earnhardt Jr., the first celebrity to say the words, "It's Bo Time.".

Who bought the Bojangles airport?

Bojangles' was purchased again in 2007 by Falfurrias Capital Partners, a private equity firm. The first airport location was opened in 2008 at the Charlotte Douglas International Airport.

Where is Bojangles' restaurant?

The company opened its 600th restaurant on July 8, 2014, on Galleria Road in Charlotte with Charlotte mayor Dan Clodfelter ...

What is a Bojangles franchise?

Franchise Description: Bojangles’ International, LLC is the franchisor. Bojangles restaurants offer a standard limited menu of quality food products, emphasizing a special selection of menu items such as buttermilk biscuits with chicken filet, steak, sausage, country ham, bacon, egg, cheese, jelly, or melted butter and the “Cheddar Bo” biscuit.

How long is a franchise agreement?

Term of Agreement and Renewal: The length of the initial franchise term is the earlier of 20 years from date of Franchise Agreement or upon expiration or termination of the initial term of lease (if any) of the restaurant location. Two additional consecutive terms of 10 years each are available, subject to contractual requirements.

How many shareholders are required to be a franchisee?

Obligations and Restrictions: Franchisees must be a corporation or a limited liability company composed solely of no more than six shareholders/members who are natural persons and not corporations, limited liability companies, or any other legal entities in order to be a developer or franchisee.

Can a franchisee have a protected territory?

Territory Granted: For a Franchise Agreement, franchisees will receive the right to establish one restaurant in a specific location and they will not receive any protected territory around that location. Franchisees may only solicit sales and orders, fulfill orders, and prepare and sell food from their restaurant location (s); and they may deliver food only to customers at their restaurant location (s); however, they are not restricted from advertising outside their location if all sales are made from their restaurant location (s).

Does franchising offer financing?

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation.

Does Franchise Direct sell your information?

Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.

Does a franchisor guarantee a franchisee's note?

Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation. Investment Tables: Estimated Initial Investment for a Traditional Restaurant. Name of Fee. Low. High. Initial Franchise Fee. $25,000.

What is a bojangles?

Bojangles' offers a quick serve chicken and biscuit restaurant.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 432 franchised Bojangles' locations in the USA.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Quick Serve & Great Food

Why fry up your own chicken and southern-style biscuits when you can get better and authentic tasting food from Bojangles? Since 1977 when it all began, until now, this establishment has been growing rapidly and is well respected and loved.

Requirements & Details

Ready to get into the whole reason as to why you’re here? The franchise opportunity for none other than Bojangles. The famous place for chicken. Since the beginning of the franchise opportunity in 1998, this business has seen a decent amount of growth. In 2012, there were 325 outlets ran by franchisors.

Wrapping it up

When you make the decision to own a franchise business, you are making a decision that will change your life professionally and personally. As long as you choose the right opportunity of course. Choose the wrong one, and you could be potentially scarred for life! Just kind of kidding.

Chicken and Biscuit Franchise RankedIn List of Largest United States-Based Franchises

October 16, 2018 // Franchising.com // Charlotte, N.C. - Bojangles’ announced today that it has been named to Franchise Times’ Top 200+ list, which is an exclusive ranking of the 500 largest franchises. Based on specific criteria and number of locations, Bojangles’ has been ranked alongside the largest franchises in its industry.

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Bojangles

Bojangles, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from our Southern recipes.

Bojangles Franchise Costs: Estimated Initial Investment (Item 7, 2021 FDD)

The franchise fee for each Restaurant developed under a Development Agreement or for each Restaurant developed under an Individual Franchise Agreement is $35,000.

For Traditional Bojangles Restaurants

The franchise fee for each Restaurant developed under a Development Agreement or for each Restaurant developed under an Individual Franchise Agreement is $35,000.

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