factual

What is the minimum lease term required for a Bojangles Restaurant site, unless waived in writing by Bojangles?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

II. TERM AND RENEWAL

  • A. Except as otherwise provided herein, the initial term of this Agreement shall expire twenty (20) years from the date the Restaurant first opens for business; provided, however, that if Franchisee's approved location is leased, this Agreement shall expire at the earlier of twenty (20) years from the date the Restaurant first opens for business or upon expiration or termination of the initial term of the lease.

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

Based on the 2025 Bojangles Franchise Disclosure Document, the initial term of the franchise agreement is linked to the lease term of the restaurant location. Specifically, if a franchisee's approved location is leased, the franchise agreement will expire at the earlier of two conditions: either 20 years from the date the restaurant first opens for business, or upon the expiration or termination of the initial term of the lease. This indicates that Bojangles requires a lease term of at least 20 years to match the full potential term of the franchise agreement. However, this requirement can be waived in writing by Bojangles.

This stipulation is significant for prospective franchisees as it directly impacts the duration of their franchise agreement. Securing a lease that aligns with the potential 20-year franchise term is crucial to fully realize the benefits of the franchise. If a shorter lease term is agreed upon, the franchise agreement will terminate upon the lease's expiration, potentially cutting short the franchisee's operational period.

It is important for franchisees to understand the implications of this clause and to negotiate lease terms that provide sufficient security and longevity for their business. Franchisees should also seek written confirmation from Bojangles if any waiver of the 20-year lease term requirement is granted, ensuring clarity and compliance with the franchise agreement. This alignment between the lease term and franchise agreement term is a critical factor in the long-term success and stability of a Bojangles franchise.

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.