For a Bojangles Developer's first restaurant, is leasing or financing equipment and fixtures permitted?

According to Bojangles' 2025 Franchise Disclosure Document, a Developer is required to pay in full for the equipment and fixtures for their first Bojangles restaurant. They are explicitly prohibited from leasing or financing these items. This requirement is in place to ensure the financial stability of new franchisees and to protect the brand's reputation.

This policy has significant implications for prospective Bojangles developers. It means they must have sufficient capital available upfront to purchase all necessary equipment and fixtures, which can be a substantial investment. This requirement may limit the pool of potential franchisees to those with significant financial resources or access to substantial financing.

While this policy may present a barrier to entry for some, it also offers potential benefits. By owning the equipment and fixtures outright, franchisees avoid ongoing lease or financing costs, which can improve their long-term profitability. Additionally, it reduces the risk of equipment repossession or other financial complications associated with leasing or financing agreements. This policy does not apply to subsequent Bojangles restaurants that the Developer opens.