Bojangles Franchise Requirements
- Complete the Franchise Application
- Submit your Personal Financials for evaluation
- Download the FDD, Acknowledge Receipt & Review
- Complete the Business Plan Paperwork for Evaluation
- Complete ProForma for Evaluation
- Complete a Market Visit
- Attend Discovery Day at the Bojangles Support Center
- Sign & Submit your Development Agreement
Full Answer
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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
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.
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.
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 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.
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 is the founder of Bojangles chicken?
Jack FulkBojangles / FounderBojangles'® began in 1977 as the dream of operators Jack Fulk and Richard Thomas.
What state has the most Bojangles?
There are 792 Bojangles stores in the United States as of October 20, 2022. The state with the most number of Bojangles locations in the US is North Carolina, with 339 stores, which is about 43% of all Bojangles stores in the US.
Can you buy stock in Bojangles?
One share of BOJA stock can currently be purchased for approximately $16.09. How much money does Bojangles' make?
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
What does Bojangles pay in NC?
Average Bojangles' Team Member hourly pay in North Carolina is approximately $9.98, which is 18% below the national average. Salary information comes from 254 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
How much does Bojangles pay in SC?
Average Bojangles' Crew Member hourly pay in South Carolina is approximately $8.34, which is 34% below the national average.
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.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 432 franchised Bojangles' locations in the USA.
How many hours of training does a scuba diver need?
Yes, they have an initial training program of 1070 hours. This includes 30 hours of classroom training and 1040 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
What is a bojangles?
Bojangles' offers a quick serve chicken and biscuit restaurant.
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.
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.
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.
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