factual

If I sign a Development Agreement with Bojangles, what is the only investment required under that agreement?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

NOTES TO TABLE 1

1 Franchise Fee. The franchise fee for each Restaurant developed under a Development Agreement or for each Restaurant developed under an Individual Franchise Agreement is $35,000 and is further described in Item 5. If you sign a Development Agreement, the only investment required under that Development Agreement is payment of the Development Fee which is described in Item 5. You must agree to develop at least three Bojangles Restaurants if you sign a De

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–27)

What This Means (2025 FDD)

According to Bojangles's 2025 Franchise Disclosure Document, if you sign a Development Agreement with Bojangles, the only investment required under that agreement is the payment of the Development Fee, as detailed in Item 5 of the FDD. However, it's important to note that Bojangles requires you to commit to developing at least three Bojangles restaurants if you enter into a Development Agreement. This initial investment does not include the franchise fee for each restaurant, which is $35,000 per location.

This means that while the initial financial commitment for the Development Agreement itself is limited to the Development Fee, franchisees must be prepared to invest significantly more capital to actually develop and open the multiple Bojangles restaurants required by the agreement. The estimated initial investment for a single Bojangles restaurant ranges from $2,650,870 to $3,829,400, excluding real estate costs. Therefore, a Development Agreement represents a substantial commitment to expand the Bojangles brand within a specific territory.

Prospective franchisees should carefully review Item 5 of the 2025 FDD to fully understand the terms and conditions of the Development Fee, including the payment schedule and any potential refunds or credits. They should also conduct thorough due diligence to assess their ability to meet the financial and operational requirements of developing multiple Bojangles restaurants within the agreed-upon timeframe. Understanding the full scope of the financial commitment is crucial before signing a Development Agreement with Bojangles.

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.