How much does a Bojangles'franchise cost?
Bojangles' offers a quick serve chicken and biscuit restaurant. How much does a Bojangles' franchise cost? Bojangles' has a franchise fee of up to $35,000, with a total initial investment range of $1,913,600 to $2,828,500.
How many Bojangles locations are there in the US?
Based on 2020 FDD data, Bojangles' has franchise locations in 11 states plus DC. The largest region is the South with 433 franchise locations. This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand.
Why Bojangles?
Why Bojangles? Bojangles offers a FAN-tastic franchise opportunity. Our loyal Bojangles fans drive our business, and we are growing to serve them in new markets.
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How much can you make owning a Bojangles?
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 much profit do franchise owners make?
When researchers accounted for the inflations caused by the few top franchises, it was established that the average annual income of 51 percent of franchisees is less than 50,000 dollars. The study also found that only 7 percent of franchise owners earn over 250,000 dollars a year.
How much does it cost to start up 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
How much do franchise actually make?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000.
What food franchise makes the most money?
Here are our picks for the top three full-service restaurant franchises....The Most Profitable Food Franchise Opportunities in 2022 (Full-Service Restaurants)East Coast Wings + Grill. Type: Full-service wing restaurant. ... Another Broken Egg Cafe. ... Taziki's Mediterranean Cafe.
What franchise 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 do you become a Bojangles owner?
Bojangles, the chicken and biscuit franchise with 750 units mainly across the Southeast, requires franchisees to invest between $1.5 million and $2.5 million to open a store of their own. The brand requires franchisees to have a net worth of over one million dollars and hold $500,000 or more in liquid assets.
Who owns Bojangles franchise?
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 does Zaxby's franchise cost?
Zaxby's Franchise Cost / Initial Investment / Zaxby's Franchise Income. Zaxby's franchise fee is $35,000 per restaurant. Franchisees are expected to have a net worth exceeding $700,000, with more than half of that in liquid assets. The initial investment ranges somewhere between $284,000 and $664,300.
What is the most profitable franchise to own in 2022?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
How often do franchises fail?
A five-year study by the franchise consulting firm FranNet reported that 92 percent of their franchise placements were still in business after two years and 85 percent after five years. Because yes, sometimes franchise businesses can rise and fall like independently owned companies.
Is it worth it to own a franchise?
If you're a fledgling entrepreneur or a seasoned business person wanting to diversify your holdings, you've probably wondered, “Are franchises a good investment?” The simple answer is yes, especially if a great opportunity presents itself. There is an obvious appeal to starting a business via buying a franchise.
How much do 7 Eleven franchise owners make?
Salary Details for a Franchise Owner at 7-Eleven The estimated base pay is $81,982 per year. The estimated additional pay is $58,226 per year.
Is a franchise a good investment?
If you're a fledgling entrepreneur or a seasoned business person wanting to diversify your holdings, you've probably wondered, “Are franchises a good investment?” The simple answer is yes, especially if a great opportunity presents itself. There is an obvious appeal to starting a business via buying a franchise.
What percentage do franchises take?
Franchise royalties range from 4% of your revenue all the way up to 12% or more. The amount has to do with the type of franchise business. For example, a food franchise is a high-volume business. A lot of individual items are purchased by a high-volume of customers.
How much do Burger King franchise owners make?
These numbers indicate that potential earnings can vary significantly and it depends on how well the business is run, the location, and other factors. We can estimate that based on net revenue of $1,351,000 and a profit margin of 13%, the average Burger King franchise compensation is $175,630 per year.
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.
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.
How many Bojangles locations are there in the US?
With approximately 760+ locations in 14 states today, there are tremendous opportunities to offer Bojangles distinctive Southern flavors in new markets throughout the southeast, Midwest, and Atlantic coast regions.
Can I sell my franchise in California?
This website and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have registered the franchise (or obtained an applicable exemption from registration) and complied with the pre-sale disclosure requirements that apply in your jurisdiction.
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.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Bojangles franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Bojangles landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Bojangles ranked on other franchise lists? Find out below.
