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Bojangles' Restaurants Inc.

2014 Franchise 500
#100
At a Glance

Products & Services: Cajun chicken, biscuits, iced tea

Number of Locations: 588

Total Investment: $357K - $553.8K

Founded: 1977

Began Franchising: 1978

About Bojangles' Restaurants Inc.

Founded by Jack Faulk and Richard Thomas in 1977, Bojangle's Restaurants serve made-from-scratch Cajun-style chicken, buttermilk biscuits and iced tea to customers throughout the southeastern United States.

Franchise Units

Year U.S. Canadian International Company Owned
2014 348 0 3 237
2013 336 0 3 214
2012 320 0 2 203
2011 307 0 2 194
2010 288 0 2 188
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South, South Carolina, Southeast, Tennessee, Virginia, West Virginia.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $357,000 - $553,750
Franchise Fee: $25,000
Ongoing Royalty Fee: 4%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $500,000
Operations
80% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 35 - 50. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 6 weeks.
Ongoing Support: Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #100 (2014), #86 (2013), #88 (2012), #207 (2011), #124 (2010),
Fastest-Growing: #101 (2012), #79 (2010),
America's Top Global: #75 (2012), #164 (2011), #98 (2010),