factual

For Bojangles, what are the criteria for a new restaurant to be considered a 'Qualifying Restaurant'?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

sement Incentive Program: details are provided in our FDD and include:

  • You must sign a new development agreement no later than December 31, 2025 to develop and operate at least three new Bojangles restaurants.
  • You may not be participating in any other incentive programs under any other development agreements with us or our affiliates nor receive any other monetary concessions from us or our affiliates.
  • If you sign multiple new development agreements with us simultaneously or in the same year, the Program will only apply to your development agreement that has the most store commitments listed therein.
  • You and your affiliates must be in full compliance with any agreements you have entered into with us and/or our affiliates.
  • We or one of our affiliates, as directed by us, will reimburse you for up to $300,000 of your equipment costs relating to the development of each new Qualifying Restaurant within 30 days after (i) the opening of the Qualifying Restaurant; and (ii) our receipt of supporting invoice(s) from you, satisfactory to us, confirming the total equipment cost you paid for the equipment required to be installed

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles' 2025 Franchise Disclosure Document, a 'Qualifying Restaurant' is a new Bojangles restaurant that meets specific criteria related to its development and operation, making it eligible for the Equipment Reimbursement Incentive Program. The criteria depend on the number of restaurants the developer commits to opening under the Development Agreement. For agreements involving three or four new restaurants, a 'Qualifying Restaurant' must be one of the first two restaurants opened. For agreements involving five or more new restaurants, it can be the first, second, or fifth restaurant opened.

Regardless of the number of committed restaurants, all 'Qualifying Restaurants' must meet the following conditions: They must be opened by the developer in the assigned area within a specific timeframe—four years for agreements of three or four restaurants, and five years for agreements of five or more restaurants—after the Development Agreement's effective date. The restaurant site must be approved by Bojangles, and the restaurant must comply with the deadlines outlined in the Development Schedule attached to the Development Agreement, opening within the specified timelines. Additionally, a signed Franchise Agreement must be fully executed by Bojangles on their approved form.

These criteria are tied to the Equipment Reimbursement Incentive Program, where Bojangles may reimburse the developer for up to $300,000 of equipment costs for each 'Qualifying Restaurant'. This reimbursement is contingent upon the restaurant meeting all specified criteria and the franchisor receiving satisfactory invoices confirming the equipment costs. Compliance with these procedures includes adhering to Bojangles' site submittal review and approval process and executing the Equipment Reimbursement Incentive Program Addendum to the Franchise Agreement.

Prospective franchisees should pay close attention to these requirements, as failure to meet any of them could disqualify a restaurant from being considered a 'Qualifying Restaurant,' thereby losing eligibility for the equipment reimbursement incentive. Understanding the Development Schedule and ensuring adherence to all deadlines and approval processes is crucial for maximizing the benefits of the incentive program.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.