factual

How many Bojangles' restaurants must I commit to opening under the development agreement?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

become binding if accepted. Any final agreement on terms between the parties will be documented pursuant to a Development Agreement(s) and/or Franchise Agreement(s), as applicable, signed by the parties, and subject to Bojangles' internal approval process. Until Bojangles and Prospective Franchisee have executed actual Development Agreement(s) and/or Franchise Agreement(s), as applicable, either party may discontinue negotiations at any time for any reason.

ACKNOWLEDGED AND AGREED:

BOJANGLES OPCO, LLC [PROSPECTIVE FRANCHISEE ENTITY NAME]

EXHIBIT A Incentive Program(s)

[NOTE: SELECT APPLICABLE OPTION AND DELETE OPTIONS NOT APPLICABLE]

OPTION 1

[Equipment Reimbursement Incentive Program: details are provided in our FDD and include:

  • You must sign a new development agreement no later than December 31, 2025 to develop and operate at least three new Bojangles restaurants.
  • You may not be participating in any other incentive programs under any other development agreements with us or our affiliates nor receive any other monetary concessions from us or our affiliates.
  • If you sign multiple new development agreements with us simultaneously or in the same year, the Program will only apply to your development agreement that has the most store commitments listed therein.
  • You and your affiliates must be in full compliance with any agreements you have entered into with us and/or our affiliates.
  • We or one of our affiliates, as directed by us, will reimburse you for up to $300,000 of your equipment costs relating to the development of each new Qualifying Restaurant within 30 days after (i) the opening of the Qualifying Restaurant; and (ii) our receipt of supporting invoice(s) from you, satisfactory to us, confirming the total equipment cost you paid for the equipment required to be installed

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles's 2025 Franchise Disclosure Document, if you sign a new development agreement no later than December 31, 2025, you must commit to developing and operating at least three new Bojangles restaurants to be eligible for the Equipment Reimbursement Incentive Program.

The number of restaurants you commit to opening affects the timeline for qualifying for the reimbursement. If your development agreement is for three or four new restaurants, you have four years from the effective date of the agreement to open them. If your agreement is for five or more restaurants, you have five years to open them.

The Equipment Reimbursement Incentive Program offers reimbursement for up to $300,000 of your equipment costs for each qualifying restaurant. To qualify, the restaurant must be in your assigned area, located on an approved site, compliant with the development schedule deadlines, and have a fully executed Franchise Agreement.

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.