What is the minimum term that leases for Bojangles sites must provide for?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
- C.
Any lease or mortgage for a Restaurant site must permit assignment of the lease, mortgage, or deed of trust to Franchisor or its designees in the event of default by Franchisee of the lease, mortgage, deed of trust, or this Agreement; and must provide, in form and substance satisfactory to Franchisor, for quiet enjoyment, subordination and mutual attornment.
Any lease or mortgage for the Restaurant site must be bona fide, and provide financial terms consistent with those prevalent in the area.
Any lease for the Restaurant shall provide for a term not less than the term of this Agreement.
Franchisee shall use its best efforts to obtain in any lease an option to renew on stated financial terms, which if exercised will, with the initial term, be for a period of not less than twenty (20) years.
Unless waived in writing by Franchisor, any lease for the Restaurant site shall contain provisions that satisfy the requirements set forth in the Addendum to Lease Agreement attached to this Agreement as Exhibit D during the entire term of the lease, including any renewal terms.
Source: Item 23 — RECEIPTS (FDD pages 82–573)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, any lease for a Bojangles Restaurant site must have a term no less than the term of the Franchise Agreement. The initial term of the Franchise Agreement is 20 years from the date the Restaurant first opens for business, but if the approved location is leased, the Franchise Agreement expires at the earlier of 20 years from opening or upon the lease's expiration or termination.
Bojangles requires franchisees to use their best efforts to obtain an option to renew the lease on stated financial terms. If exercised, the initial term and the renewal term should total no less than 20 years.
Unless Bojangles waives it in writing, any lease for a Restaurant site must contain provisions that satisfy the requirements set forth in the Addendum to Lease Agreement attached to the Franchise Agreement as Exhibit D during the entire term of the lease, including any renewal terms. However, for Bojangles Express Restaurants, the last two sentences of Paragraph IV.C are deleted.