What are the minimum liquid asset requirements for a prospective Bojangles franchisee?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
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EXHIBIT H LETTER OF INTENT (STANDARD PROGRAM)
**LETTE
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, a prospective franchisee must meet specific financial criteria to be considered. The Letter of Intent outlines these requirements, stating that a potential franchisee needs to have a minimum of $1,350,000 in liquid assets.
In addition to the liquid assets requirement, the prospective franchisee must also demonstrate a net worth of $2,500,000. These financial thresholds are put in place by Bojangles to ensure that franchisees have the financial stability to successfully establish and operate a franchise.
It is important to note that these financial requirements are just one aspect of the overall qualifications for becoming a Bojangles franchisee. Bojangles also considers factors such as business experience, management capabilities, and commitment to the brand. Meeting the minimum financial requirements is a necessary, but not sufficient, condition for being awarded a franchise.