Is a Bojangles franchisee permitted to lease or finance the equipment and fixtures in its first Bojangles restaurant?

According to Bojangles' 2025 Franchise Disclosure Document, a new franchisee is explicitly prohibited from leasing or financing the equipment and fixtures required for their first Bojangles restaurant. This requirement ensures that franchisees have sufficient capital to invest in their business upfront.

This policy likely aims to ensure that franchisees are fully committed to the business and have the financial stability to meet initial operational costs. By requiring franchisees to purchase equipment outright, Bojangles may be trying to minimize the risk of financial instability or potential defaults that could arise from lease or finance agreements.

This requirement could pose a significant financial hurdle for prospective franchisees, as they must have the capital available to purchase all necessary equipment and fixtures without relying on financing options. It is important for potential franchisees to carefully consider this requirement and ensure they have adequate funding before entering into a franchise agreement with Bojangles.