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If a Bojangles franchisee has 5 or more total development commitments under a development agreement, to which ERI Qualifying Restaurants will reimbursement be applied?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

Number of Total Development Commitments under Development Agreement: Reimbursement Applied to the following ERI Qualifying Restaurants only:
3 or 4 1st and 2nd ERI Qualifying Restaurants only
5 or more 1st, 2nd and 5th ERI Qualifying Restaurants only

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles' 2025 Franchise Disclosure Document, the Equipment Reimbursement Incentive (ERI) program offers reimbursements for equipment costs related to new restaurant development. The number of restaurants eligible for reimbursement depends on the total development commitments made in the Development Agreement. If a Bojangles franchisee commits to developing five or more restaurants under a Development Agreement, the reimbursement will apply only to the 1st, 2nd, and 5th ERI Qualifying Restaurants.

To qualify for the reimbursement, the new Bojangles restaurant must meet specific criteria. It must be opened within five years of the Development Agreement's effective date in the assigned area. The site must be approved by Bojangles, and the restaurant must comply with the deadlines outlined in the Development Schedule attached to the Development Agreement. Additionally, a signed Franchise Agreement must be fully executed using Bojangles' approved form.

This incentive is designed to encourage multi-unit development. By focusing the reimbursement on specific restaurants within the development schedule, Bojangles aims to support franchisees in their initial and key expansion phases. Franchisees should carefully review the terms of the Equipment Reimbursement Incentive Program Addendum to fully understand the eligibility requirements and ensure compliance with all conditions to receive the reimbursement.

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.