How to Start Bojangles Franchise In USA?
Bojangles is a fast-food restaurant brand founded in the United States that specializes in Cajun fried chicken. Entrepreneur Magazine selected it as the best chicken restaurant franchise.
They concentrate in a small selection of fast-food items. Bojangles serves a range of homemade chicken side dishes, biscuits, and sandwiches.
They currently operate 780+ chicken and biscuit outlets, primarily in the Southeast. The company’s headquarters are in Charlotte, North Carolina.
Bojangles was founded in 1977 and began franchising in 1978. Jack Fulk and Richard Thomas founded it. The company went public on the NASDAQ under the symbol BOJA in 1983.
By the year 2000, they had opened over 300 restaurants across the United States. In 2005, the company revealed its new logo and celebrated the launch of its 400th location.
With over 780 sites in 14 states, they are currently the fourth largest chicken restaurant chain in the United States.
Bojangles Franchise Benefits
Bojangles is well-known for its support and incentives, particularly when it comes to franchising. Franchises will profit from brand loyalty, favorable conditions, a productive restaurant base, a diverse daypart mix, a healthy franchisee system, team management, training, and many other things.
Brand Loyalty: It is well-known for its sarcastic brand loyalty and has a worldwide fan base.
Favorable Situation: It is currently ranked fourth in the rapidly expanding chicken QSR category. The favorable conditions are advantageous to newcomers.
Productive Restaurant Foundation: It is very productive and has the best unit economics. It has a profitable business in the fast-food industry.
Daypart Mix Diversified: When every other company organization is asleep, it is well ahead of them, preparing to offer breakfast to its customers.
System of Healthy Franchisees: Its successful system has a long history in the healthy Franchisee System.
Team Leadership: It boasts world-class team management, which inspires all emerging talent in this industry.
They provide both classroom and on-the-job training. It includes 520 to 1,040 hours of on-the-job training and 30 hours of classroom instruction.
Bojangles Franchise Requirements
To qualify for a Bojangles franchise, you must have a minimum net worth of $1 million, $500,000 in cash assets, and meet some continuing fee requirements. In this Rundown, you can also see its initial Franchise Fee.
Net Worth | $1,000,000 |
Liquid assets | $500,000 |
Initial Franchise Fee | $20,000 – $35,000 |
Royalty | 4% |
Marketing fee | 3-4% |
Renewal | 50% of Franchise fee |
Aside from that, you’ll need development experience, a successful operational background, or you can engage an operations partner.
Bojangles Franchise Opportunities
Fantastic chances arose from the Bojangles franchise. They offer excellent business potential for single and many sites.
They bring southern cuisine to new markets in the southeast, Midwest, and Atlantic coast. Its business prospects have resulted in one of the most intriguing QSR models.
Read More: https://www.bojangles.com/
Bojangles Franchise Cost
The beginning operation for Bojangles Franchise ranges from $1,906,400 to $3,020,750. The following is the estimated total investment including initial investment and one-time fees.
Expenditure Type | Low | High |
Franchise Fee | $35,000 | $35,000 |
Insurance | $5,000 | $10,000 |
Pre-opening salaries, travel, living expenses during initial training | $98,000 | $149,000 |
Site selection | $100 | $10,000 |
Building | $770,000 | $950,000 |
Site work | $462,000 | $850,000 |
Soft costs | $60,000 | $200,000 |
Equipment, furniture, signage and fixtures. | $440,000 | $600,000 |
Initial Inventory | $13,800 | $28,750 |
Utility Deposits & business licenses | $2,500 | $13,000 |
Additional funds (3 months) | $20,000 | $175,000 |
Total | $1,906,400 | $3,020,750 |
Bojangles Franchise Profit
According to its FDD, the average profit for a Bojangles franchise is $425,719 per year, with a 24% profit margin that is in line with the industry.
Profit – Loss | Amount ($) | % of sales |
Sales | $1,801,057 | 100% |
COGS | $ (560,129) | 31.1% |
Labor | $ (516,903) | 28.7% |
Rent | $ (118,200) | 6.5% |
Royalty and marketing fees | $ (180,106) | 10.0% |
Adjusted EBITDA |
$425,719 | 24% |
It’s an extremely profitable business; from 2020 to 2021, Bojangles increased by 390%.
According to 2020 data, Bojangles had a median franchise sales of $1,784,899 in 2020, and $1,972608 in 2021.
With an average profit of 15%, it will take around 11 years to recoup your investment.
Media Franchise Sales
Initial investment (midpoint) |
%profit margin | Estimated Profits | Recoup Time |
$2,463,575 | 10% | $178,489 | 15 years |
$2,463,575 | 15% | $267,734 | 11 years |
$2,463,575 | 20% | $356,979 | 8 years |
Bojangles Menu
Bojangles menu has a special selection of Chicken Sandwich, Biscuit Meals, Family Meals, Boneless chicken Favorites, Signature Bone-In Chicken Meals, Individual, Salads, Kid’s Meals, Fixins, Beverages, Sweets, Extras.
Chicken Sandwich | Bo’s Chicken Sandwich Combo, Bo’s Chicken Sandwich, Grilled chicken Sandwich Combo. |
Biscuit Meals | Cajun Chicken Filet, Sausage Egg & Cheese, Bacon, Egg & Cheese, Sausage & Egg, Sausage, Egg & Cheese, Southern Gravy. |
Family Meals | 8pc Chicken Meal, 8pc chicken & 4 Biscuits, 12pc Chicken Meal, 12pc Homestyle Tenders Meal, 12pc 4 chicken & 8 Homestyle Tenders Meal, 20pc 8 chicken & 12 Homestyle Tenders Meal, 20pc Chicken Meal |
Boneless chicken Favorites | 4pc Homestyle Tenders Combo |
Signature Bon-In chicken meals | 2pc leg & Thigh, 3pc leg & 2 Thighs, 2pc Breast & wing, 3 wings |
Individual | Cajun Chicken Filet, Sausage Egg & Cheese, Bacon, Egg & Cheese, Sausage & Egg, Sausage, Egg & Cheese, Southern Gravy, Pimento Cheese |
Salads | Grilled chicken, Homestyle Tenders, Garden salad |
Kids Meals | 2pc Homestyle Tender, Chicken leg, Mac n’ cheese kids |
Fixins | Seasoned fries, Bo-Tato Rounds, Dirty Rice, Macaroni & Cheese, Mashed Potatoes and Gravy, Cajun pintos, Green Beans, Cole Slaw, Pimento Cheese & Spread Tub |
Beverages | Legendary Iced Tea, Pepsi, Diet Pepsi, Mtn Dew, Diet Mtn Dew, Mtn Dew southern shock, Sierra Mist, Tropicana pink Lemonade, White Milk (low-fat), Chocolate Milk (low-fat), Simply orange, Premium Coffee |
Sweets | Bo-Berry, Cinnamon |
Extras | Bo’s special sauce, Honey Mustard, Ranch, BBQ sauce |
Bojangles Locations (Number of Locations)
As of December 2022, there are 789 Bojangles establishments in 14 states. They have both franchised and company-owned sites, with 391 franchised locations and 263 company-owned locations spread over the Southeast.
Bojangles Locations | |
---|---|
State/Territory | Number of Locations |
North Carolina | 338 |
South Carolina | 140 |
Georgia | 104 |
Tennessee | 74 |
Virginia | 70 |
Alabama | 31 |
Florida | 11 |
Kentucky | 9 |
Maryland | 5 |
Arkansas | 2 |
Bojangles Franchise Application
The Bojangles provide franchise after completing its online process, if you are interested in setting up a Bojangles store,
- You need to complete its Franchise application.
- Then you can submit your personal financials for evaluation.
- Acknowledge receipt & review, complete paperwork of business plan for evaluation also complete Pro Forma for evaluation.
- Complete a Market visit, at Bojangles support center attend discovery day and make your future plans clear.
- Sign & Submit your development agreement.
Bojangles Important Links
Official Website | bojangles.com |
Location | bojangles.com/location |
Careers | bojangles.com/careers |
Franchising | bojangles.com/franchising |
Contact | bojangles.com/contact |
Menu | bojangles.com/menu |
Merch Store |
store.bojangles.com |
Community | bojangles.com/community |
Bojangles Contact Information
👉 Bojangles Chicken ‘n Biscuits Corporate Office Address: 310 E. Trade St., Ste. A-150 in Charlotte, NC
👉 Bojangles Chicken ‘n Biscuits Corporate Office Phone Number: 888-300-4265
To contact the team of Bojangles Chicken ‘n Biscuits, you can also fill the contact form on their website.
Conclusion
Bojangles is looking for dedicated proprietors to help them expand into new markets. They have a strong and successful company history, and they support their franchises at every step of the way.
They hire persons with a high gross annual sales volume. Their hunt comes to an end near dependable franchisors who have mastered Cajun fried chicken.
The food and beverage market is huge and increasing on a daily basis; if you want to choose a perfect business, Bojangles is the greatest option.
Their hunger for success and expansion is all you need to get started and illuminate your business.
FAQs
Is Bojangles a Franchise?
Yes, Bojangles is a franchise, they started franchising in 1978.
How much is a Bojangles Franchise?
The beginning operation for Bojangles Franchise ranges from $1,906,400 to $3,020,750
How much is a Bojangles Franchise?
The beginning operation for Bojangles Franchise ranges from $1,906,400 to $3,020,750
Is Bojangles a Franchise profitable?
Yes it’s a profitable business, Bojangles franchise makes on average $425,719 in profits.
How much does a Bojangles Franchise owner make?
A Bojangles Franchise owner nearly makes $78,349 per year.
What is the best thing to get at Bojangles?
Bo’s Chicken Sandwich, Bo-Tato Rounds, Seasoned Fries, Cajun Fillet Biscuit, Plain Biscuit, Chicken Supremes, Homestyle Chicken Tenders, and many more are the most popular items at Bojangles.
Can you order only with Bojangles’?
Yes, you can order from Bojangles’ online. You can go to their website to learn more about how to order online.