What is the maximum equipment reimbursement amount that Bojangles OpCo, LLC will provide to the franchisee under the Equipment Reimbursement Incentive Program Addendum?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
ranchisor or its affiliates; Developer may not participate in any other incentive programs under any other development agreements with Franchisor or its affiliates nor receive any other monetary C. If Developer executes multiple new development agreements with Franchisor simultaneously or in the same year, the Program will only apply to Developer's development agreement that has the most store commitments listed therein; and D. Franchisor and/or its affiliates. Develop
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles' 2025 Franchise Disclosure Document, Bojangles OpCo, LLC offers an Equipment Reimbursement Incentive Program Addendum to the franchise agreement. Under this program, Bojangles will reimburse the developer up to $300,000 for equipment costs related to each new "Qualifying Restaurant". This reimbursement is paid within 30 days after the restaurant opens and after Bojangles receives satisfactory invoices confirming the total equipment costs.
To be eligible for this reimbursement, the restaurant must meet the criteria of a "Qualifying Restaurant". This includes being opened in the assigned area within four years (if the Development Agreement is for three or four new restaurants) or five years (if the agreement is for five or more restaurants) after the Development Agreement's effective date. The site must be approved by Bojangles, comply with the Development Schedule deadlines, and have a fully executed Franchise Agreement on Bojangles' approved form.
This incentive is designed to encourage development, but it comes with specific requirements. The number of restaurants eligible for reimbursement depends on the commitments made in the Development Agreement. A prospective franchisee should carefully review these conditions and ensure they can meet the required timelines and site approvals to qualify for the equipment reimbursement.