In the contract attestation, what information is required regarding the Developer entity for a Bojangles franchise?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
ement. The Disclosure Verification Form is attached as Exhibit O to this Disclosure Document.
EXHIBIT A
DEVELOPER INFORMATION
- Developer: [DEVELOPER ENTITY] 2. Development Fee: [$] The Development Fee is $10,000 multiplied by the number of restaurants to be developed. Developer shall receive a credit of $10,000 for each Restaurant for which the applicable Franchise Agreement is executed, which credit Developer may deduct from the franchise fee when paid to Franchisor. 3. Development Schedule: This Agreement authorizes and obliges Developer to establish and operate [ ()] Restaurants pursuant to a Franchise Agreement for each Restaurant. The following is Developer's development schedule: Development Schedule Restaurant No. Subject to the Development Agreement Site Approval Deadline Construction Commencement Deadline Opening Deadline Cumulative Total Number of Restaurants Which Developer Shall Have Open And Operating by the Opening Deadline [Drafting Note: Site Approval Deadline is 270 days prior to Construction Commencement Deadline; Construction Commencement Deadline is 180 days prior to Opening Deadline.] 4. Assigned Area: The following describes the Assigned Area within which Developer may locate Restaurants under this Agreement: [The Assigned Area shall be comprised of the following locations within the] [The area within a one (1) mile radius surrounding the] [Franchisor reserves all rights within the Assigned Area as set forth in Paragraph I of this Agreement. Franchisor reserves all development territory outside the Assigned Area listed above.] [If applicable: Developer acknowledges that the Assigned Area is geographically remote from other Bojangles Restaurants as of the Effective Date. As a result, Developer's Restaurants will not be easily accessible by Franchisor's approved suppliers and distributors and Developer will be Bojangles Development Agreement 1 04/25 Exhibit A
required to pay applicable incremental supplier and/or distribution costs charged by such approved
suppliers and distributors for orders and deliveries related to its
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, Exhibit A, titled "Developer Information," outlines the specific details required regarding the developer entity. This includes the name of the developer entity, the development fee, and the development schedule. The development fee is calculated as $10,000 multiplied by the number of restaurants to be developed, with the developer receiving a $10,000 credit for each restaurant for which a Franchise Agreement is executed, which can be deducted from the franchise fee. The development schedule specifies the number of restaurants the developer is obligated to establish and operate, along with deadlines for site approval, construction commencement, and opening. The exhibit also specifies the assigned area within which the developer can locate restaurants. Finally, the managing owner's name and notice addresses are required.
For a prospective Bojangles franchisee, this means that if they enter into a development agreement, they will need to provide the legal name of their development entity. They will also need to be aware of the financial commitment required for the development fee, which is directly tied to the number of restaurants they plan to develop. The development schedule is a critical component, as it sets forth the timeline for opening restaurants and any failure to meet these deadlines could have consequences. The assigned area defines the geographic scope of their development rights, and any restrictions or conditions related to that area.
It is important for potential Bojangles developers to carefully review Exhibit A and understand all of the obligations and requirements outlined within it. They should also seek legal and financial advice to ensure they are fully aware of the implications of entering into a development agreement with Bojangles.