In the contract attestation, what information is required regarding the Developer entity signing the agreement with Bojangles?
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 Restaurants.]
5. Managing Owner: [NAME]
6. Notice Addresses:
If to Franchi
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 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 agreement also specifies the assigned area within which the developer can locate restaurants. Finally, the name of the Managing Owner of the Developer is required, along with notice addresses for both the Franchisor and the Developer.
This information is crucial for Bojangles to clearly define the scope and expectations of the development agreement. By specifying the development fee and schedule, Bojangles ensures that the developer is committed to opening a certain number of restaurants within a specific timeframe. The assigned area clause prevents potential conflicts between developers and protects each developer's territory. Requiring the name of the Managing Owner provides Bojangles with a direct point of contact within the developer entity.
For a prospective Bojangles franchisee, this exhibit provides transparency into the obligations and benefits associated with a development agreement. Understanding the development fee structure, the development schedule, and the assigned area is essential for assessing the financial and operational feasibility of the franchise venture. Knowing the managing owner ensures clear communication channels with Bojangles. This information allows potential franchisees to make informed decisions and negotiate favorable terms with Bojangles.