factual

What is the deadline for Bojangles to send notice of approval or rejection of a proposed lease or mortgage?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee must obtain the written approval of Franchisor with respect to the terms of any lease or mortgage with respect to the site to be developed as a Restaurant under this Agreement.

Within thirty (30) days after Franchisor's approval of a site, Franchisee shall notify Franchisor of the closing date if the site is to be obtained by purchase; and provide Franchisor with a copy of the proposed mortgage or deed of trust if a mortgage loan is contemplated; or, if the site is to be obtained by lease, provide Franchisor with a copy of the proposed lease.

Within twenty (20) days thereafter, Franchisor shall send notice of approval or notice of rejection with comments.

Franchisee shall, as promptly as possible after receipt of approval, complete acquisition or leasing of the site; and in any event shall complete acquisition or leasing of the approved site within ninety (90) days after receiving Franchisor's written approval of the site.

Source: Item 23 — RECEIPTS (FDD pages 82–573)

What This Means (2025 FDD)

According to Bojangles's 2025 Franchise Disclosure Document, if a franchisee needs to obtain a lease or mortgage for their restaurant site, they must first get written approval from Bojangles for the terms of the lease or mortgage. After Bojangles approves the site, the franchisee has 30 days to notify Bojangles of the closing date if the site is being purchased, or to provide a copy of the proposed lease or mortgage if the site is being leased or mortgaged.

Following the franchisee's submission of the lease or mortgage documents, Bojangles has 20 days to send notice of approval or rejection, along with any comments. This timeframe is crucial for franchisees as it sets the pace for acquiring the site and moving forward with development.

After receiving approval from Bojangles, the franchisee must promptly complete the acquisition or leasing of the site. Specifically, the franchisee has 90 days from the date of Bojangles's written site approval to finalize the acquisition or leasing of the approved site. Failure to meet these deadlines could impact the franchisee's ability to proceed with the restaurant development as planned.

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.