How many company-operated Bojangles outlets were there at the start of 2024?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year1 | Net Changes |
|---|---|---|---|---|
| Franchised | 2022 | 496 | 507 | +11 |
| 2023 | 507 | 528 | +21 | |
| 2024 | 528 | 559 | +31 | |
| Company- | 2022 | 277 | 281 | +4 |
| Operated | ||||
| 2023 | 281 | 285 | +4 | |
| 2024 | 285 | 266 | -19 | |
| Total Outlets | 2022 | 773 | 788 | +15 |
| 2023 | 788 | 813 | +25 | |
| 2024 | 813 | 825 | +12 |
Source: Item 20 — OUTLET AND FRANCHISEE INFORMATION (FDD pages 77–82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, at the start of 2024, there were 285 company-operated outlets. This number is derived from the 'Systemwide Outlet Summary' table, which provides a breakdown of franchised and company-operated outlets from 2022 to 2024. This information is crucial for potential franchisees as it offers insight into the scale and composition of Bojangles's operations, indicating the relative importance of company-owned versus franchised locations within the overall business model.
Specifically, the table shows that Bojangles had 281 company-operated stores at the start of 2023, which increased to 285 by the end of that year. This indicates a growth of 4 company-operated stores during 2023. However, by the end of 2024, the number of company-operated stores decreased to 266, showing a net change of -19 stores during that year.
This data is valuable for prospective franchisees because it provides a historical view of the company's operational trends. The increase in company-operated stores in 2023, followed by a decrease in 2024, might prompt further investigation into Bojangles's strategic decisions regarding company-owned versus franchised locations. A potential franchisee might want to discuss with Bojangles the reasons behind these changes to better understand the company's long-term strategy and its potential impact on franchisees. Understanding these trends can help a franchisee assess the stability and growth potential of the franchise system.
Reviewing the number of company-operated stores alongside the number of franchised outlets can also reveal the level of support and competition franchisees might expect. A high number of company-operated stores could indicate a strong corporate infrastructure and commitment to the brand, but it could also mean more direct competition for franchisees in certain markets. Therefore, understanding the dynamics between company-operated and franchised outlets is an essential part of the due diligence process for any prospective Bojangles franchisee.