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Bojangles' Restaurants Inc.

2012 Franchise 500
#88
At a Glance

Products & Services: Cajun chicken, biscuits, iced tea

Number of Locations: 503

Total Investment: $357K - 553.75K

Founded: 1977

Began Franchising: 1978

Private Owned

About Bojangles' Restaurants Inc.

Founded by Jack Faulk and Richard Thomas in 1977, Bojangle's serves Cajun-style chicken, buttermilk biscuits and other favorites to customers throughout the southeastern United States.
Today the Charlotte, North Carolina-based company, which also has restaurants in Honduras and Jamaica, offers a menu that includes chicken, biscuits, rice, french fries and sandwiches. Bojangle's locations also serve breakfast.

Franchise Units

Year U.S. Canadian International Company Owned
2011 307 0 2 194
2010 288 0 2 188
2009 284 0 4 159
2008 277 0 6 154
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Florida, Georgia, Kentucky, Mississippi, Midwest, North Carolina, Northeast, New Jersey, New York, Pennsylvania, South, South Carolina, Southeast, Southwest, Tennessee, Virginia, West Virginia.
Franchisor is seeking new units in Central America, Mexico, South America.

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).
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®: #88 (2012), #207 (2011), #124 (2010), #158 (2009),
Fastest-Growing: #101 (2012), #79 (2010),
America's Top Global: #75 (2012), #164 (2011), #98 (2010), #123 (2009),