What is the estimated low amount for the total initial investment to open a traditional Bojangles Restaurant?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Estimated Low Amount | Estimated High Amount | Method of payment | When due | To Whom Payment Is Made |
|---|---|---|---|---|---|
| Franchise fee1 | $35,000 | $35,000 | Lump Sum | At signing of Franchise Agreement | Us |
| Insurance2 | $5,000 | $21,000 | As arranged | As incurred | Insurers |
| Pre-opening salaries, training materials, travel, living expenses during initial training3 | $144,550 | $166,500 | As arranged | During training | Employees, suppliers of food, training materials and lodging |
| Site selection4 | $100 | $10,000 | As arranged | As incurred | Suppliers |
| Building5 | $1,100,000 | $1,300,000 | As arranged | As incurred | Suppliers, contractors |
| Site work6 | $625,000 | $1,135,000 | As arranged | As incurred | Suppliers, contractors |
| Soft costs7 | $140,000 | $200,000 | As arranged | As incurred | Service providers; government authorities |
| Equipment, furniture, | $550,000 | $690,000 | As arranged | As incurred | Suppliers |
| signage and fixtures8 | |||||
| Initial inventory9 | $20,000 | $62,000 | As arranged | As incurred | Suppliers |
| Utility deposits & business licenses10 | $220 | $23,500 | As arranged | As incurred | Utility Companies, Government Authorities |
| Additional funds11 (3 months initial phase) | $31,000 | $186,400 | As arranged | As incurred | Employees, insurers, suppliers |
| Total12 | $2,650,870 | $3,829,400 | (Does not include real estate acquisition or leasehold costs.) |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–27)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, the estimated low amount for the total initial investment to open a traditional Bojangles restaurant is $2,650,870. This total does not include real estate acquisition or leasehold costs. This investment covers various expenditures, including the franchise fee, insurance, pre-opening salaries, site selection, building costs, site work, soft costs, equipment, initial inventory, utility deposits, and additional funds for the initial phase.
The initial franchise fee is $35,000. Pre-opening salaries, training materials, travel, and living expenses during initial training are estimated to be $144,550. Building costs are a significant portion of the investment, estimated at $1,100,000, while site work is estimated at $625,000. Equipment, furniture, signage, and fixtures are estimated at $550,000. These costs are estimates and can vary based on location, site conditions, and other factors.
Prospective franchisees should note that these figures represent the low end of the estimated range. Actual costs may be higher depending on various factors such as location, contractor fees, and unforeseen expenses. It is crucial to conduct thorough due diligence and consult with financial advisors to accurately assess the total investment required for opening a Bojangles restaurant. Additionally, real estate costs are not included in this estimate and can significantly impact the overall investment.