How much does a Bojangles' franchise cost?
- Initial Franchise Fee: $35,000
- Total Investment: $1,913,600 to $2,828,500
- Working Capital: $15,000 to $150,000
- Royalty Fee: 5.0%
Full Answer
How much does it cost to open a Bojangles'franchise?
Bojangles' has a franchise fee of up to $25,000, with a total initial investment range of $398,667 to $2,408,000. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
What kind of food is Bojangles?
Bojangles' is graded based on our most recent research. Bojangles' offers a quick serve chicken and biscuit restaurant. How much does a Bojangles' franchise cost?
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.
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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 profitable is Bojangles?
Bojangles almost quadrupled in net income between 2020 and 2021 at a 390% rate of growth. As such, it is a very profitable franchise.
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
Do franchise owners make money?
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. Legally, franchisors cannot give income amounts or forecasts of future income.
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 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.
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
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.
Who owns Chick Fil A?
S. Truett CathyChick-fil-A, Inc. is a family-owned business, founded by S. Truett Cathy. Today, Truett's children—Dan T. Cathy, Donald (Bubba) M.
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...•
Is owning a franchise a full time job?
Buying a franchise doesn't have to mean making a full-time commitment. Believe it or not, there are many franchises that can be run on a part-time basis, especially when you first start out.
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.
How is Bojangles doing financially?
Bojangles' reported total Q2 revenues of $140.5 million, up 2.7 percent from $136.8 million in the prior-year period. Same-store sales declined 0.2 percent systemwide, with company-run comps dropping 0.8 percent and franchised units 0.1 percent.
Is Bojangles on the stock market?
Bojangles' trades on the NASDAQ under the ticker symbol "BOJA."
Who owns Bojangles in South Carolina?
Owned by Rising Biscuits, LLC, we are six Charleston, South Carolina Holy City #Bojangles': Goose Creek, James Island, Johns Island, Mt.
Who is the CEO of Bojangles?
Jose Armario (Jan 28, 2019–)Bojangles / CEO
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.
The beloved chicken and biscuits franchise has steep fees, but also compelling incentives for qualified franchisees
The beloved chicken and biscuits franchise has steep fees, but also compelling incentives for qualified franchisees.
By Alex Lockie
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.
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.
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.
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.
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.
