Bojangles Franchise FDD, Profits & Costs (2025)
Bojangles’ Famous Chicken ‘n Biscuits, founded in 1977 by Jack Fulk and Richard Thomas in Charlotte, North Carolina, is a well-known fast-food chain specializing in Southern-style chicken and biscuits. The franchise has grown significantly since its inception, boasting over 500 locations as of 2023.
Bojangles started franchising soon after its establishment, leveraging its unique menu and Southern hospitality to attract a loyal customer base.
Bojangles differentiates itself with a menu that includes hand-breaded, never-frozen chicken, and made-from-scratch buttermilk biscuits, baked fresh throughout the day.
This commitment to quality and freshness, without the use of microwaves, sets it apart from many competitors in the quick-service restaurant (QSR) industry. The chain is also known for its robust breakfast offerings, with breakfast sales accounting for a significant portion of its overall revenue.
Initial Investment
How much does it cost to start a Bojangles franchise? It costs on average between $623,000 – $3,647,000 to start a Bojangles franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Estimated Low Amount | Estimated High Amount |
|---|---|---|
| Franchise Fee | $35,000 | $35,000 |
| Insurance | $5,000 | $15,000 |
| Pre-opening Salaries, Travel, Living Expenses during Initial Training | $100,000 | $160,000 |
| Site Selection | $100 | $10,000 |
| Building | $1,100,000 | $1,300,000 |
| Site Work | $625,000 | $1,135,000 |
| Soft Costs | $140,000 | $200,000 |
| Equipment, Furniture, Signage, and Fixtures | $550,000 | $690,000 |
| Initial Inventory | $15,000 | $32,000 |
| Utility Deposits & Business Licenses | $220 | $21,700 |
| Additional Funds (3 months initial phase) | $30,000 | $181,000 |
| Total | $2,600,320 | $3,779,700 |
Average Revenue (AUV)
How much revenue can you make with a Bojangles franchise? A Bojangles franchised restaurant makes on average $1,896,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,705,000 yearly revenue for similar chicken-style restaurant franchises. Below are 10 Bojangles competitors as a comparison:
Download the Franchise Disclosure Document
Frequently Asked Questions
How many Bojangles locations are there?
As of the latest data, Bojangles operates over 800 restaurants across the United States. Approximately 280 of these are company-owned, while the rest are franchised. The chain continues to expand, with growth plans that include opening 270 new locations, particularly in new markets such as Texas and Ohio.
What is the total investment required to open a Bojangles franchise?
The total investment required to open a Bojangles franchise ranges from $2,600,000 to $3,780,000.
What are the ongoing fees for a Bojangles franchise?
For a Bojangles franchise, the ongoing royalty fee is 4% of gross sales, while the marketing fee is 3% of gross sales. These fees help support the brand’s national marketing efforts and overall operations, ensuring consistent quality and promotion across all franchise locations.
What are the financial requirements to become a Bojangles franchisee?
To become a Bojangles franchisee, the financial requirements include a minimum net worth of $1.0 million and liquid capital of at least $500,000. These financial qualifications are essential to ensure that franchisees have the necessary resources to open and operate a Bojangles restaurant, covering initial costs and ongoing expenses until the business becomes profitable.
How much can a Bojangles franchise owner expect to earn?
The average gross sales for a Bojangles franchise are approximately $1.9 million per location. Assuming a 15% operating profit margin, $1.9 million yearly revenue can result in $285,000 EBITDA annually.
Who owns Bojangles?
Bojangles is owned by Durational Capital Management and The Jordan Company. These two private equity firms acquired Bojangles in 2019, taking the company private after it had previously been publicly traded. Since then, they have overseen its operations and expansion efforts, working with franchisees to grow the brand across new markets.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
