What is the deadline for a Bojangles franchisee to submit the monthly statistical report and statement of receipts to the Franchisor?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. Franchisee shall pay to Franchisor a continuing monthly royalty fee in an amount equal to four percent (4%) of the Gross Sales of the Restaurant, as defined in Paragraph IV.E. hereof.
- C. Franchisee shall pay to Franchisor a monthly advertising contribution, for use by the Bojangles Marketing Development Fund established by Franchisor, as provided in Paragraph XI.E. hereof, in an amount equal to one percent (1%) of the Gross Sales of the Restaurant.
- D. All monthly payments required by this Paragraph IV. shall be paid to Franchisor by the fifteenth (15th) day of each month on Gross Sales made during the preceding month, and shall be submitted to Franchisor together with any reports or statements required under Paragraph X.B. hereof.
- E. Franchisor reserves the right to require that all payments required by this Agreement be directly drafted by Franchisor from Franchisee's account. Any payment or report not actually received by Franchisor on or before such date shall be deemed overdue. If any payment is overdue, Franchisee shall pay Franchisor, in addition to the overdue amount, interest on such amount from the date it was due until paid at the equivalent of one and one-half percent (1½%) per month compounded monthly, or the maximum rate permitted by law, whichever is less. Entitlement to such interest shall be in addition to any other remedies Franchisor may have.
- F. As used in this Agreement, "Gross Sales" shall include all revenue from the sale of all services and products related to the Franchised Business, whether for cash or credit and regardless of collection in the case of credit; provided, however, that "Gross Sales" shall not include any sales taxes or other taxes collected from customers by Franchisee for transmittal to the appropriate taxing authority.
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, franchisees are required to submit monthly payments, along with any necessary reports or statements, to Bojangles by the 15th day of each month. These payments are based on the Gross Sales made during the preceding month.
This means that a Bojangles franchisee must compile and submit all required financial data and payments within 15 days after the close of each month. Failing to meet this deadline results in overdue payments, which incur interest at a rate of 1.5% per month, compounded monthly, or the maximum rate permitted by law, whichever is less.
Bojangles also retains the right to directly draft all payments from the franchisee's account. This ensures timely payments and reduces the administrative burden on both the franchisee and franchisor. Franchisees should maintain accurate records of their Gross Sales and ensure timely submission of all required reports and payments to avoid penalties and maintain good standing with Bojangles.