What factors might cause the insurance costs for a Bojangles Restaurant to vary?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
Insurance. The figures in the chart are estimates of your insurance costs during the pre-opening phase of your Restaurant for the following insurance: general liability, employers' liability, workers' compensation, auto liability (if you own, hire or lease automobiles for use in your business) and property insurance. In some cases you may be required to pay the entire annual premium initially. Costs may vary among different underwriters and may be based on variables including how long you have been in business, your financial condition, your prior risks and location of your Restaurant. See Item 8 for additional information regarding insurance.
your Bojangles Express Restaurant insurance costs in your current insurance coverage for the facility and for liability insurance coverage.
Source: Item 9 — Initial inventory. The estimate covers initial inventory of products, including food and paper products, and cleaning, office and general supplies for the opening of the Restaurant. (FDD pages 27–30)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, several factors can influence the insurance costs for a Bojangles Express Restaurant. The FDD specifies that these costs may fluctuate based on the insurance underwriter, the franchisee's business history, financial condition, prior risk assessments, and the restaurant's location. The initial estimate for insurance costs ranges from $5,000 to $21,000, covering general liability, employer's liability, workers' compensation, auto liability (if applicable), and property insurance during the pre-opening phase.
The document also notes that if a franchisee already owns the structure housing the Bojangles Express Restaurant, they might either have no additional insurance costs or incur some additional expenses for improvements and liability coverage. In some instances, franchisees might be able to incorporate their Bojangles Express Restaurant insurance costs into their existing coverage for the facility and liability, potentially lowering their overall insurance expenses.
Prospective franchisees should consider these variables and obtain quotes from multiple insurance providers to assess the potential range of insurance costs for their specific circumstances. Understanding these factors is crucial for accurate financial planning and ensuring adequate coverage for the Bojangles Express Restaurant.