factual

What is the minimum term required for any lease for a Bojangles Restaurant site?

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 dependent on whether the franchisee leases the approved location. For a standard Bojangles restaurant, the franchise agreement typically lasts for twenty years from the date the restaurant opens. However, if the franchisee leases the location, the franchise agreement will expire at the earlier of either twenty years from the opening date or upon the expiration or termination of the initial lease term. This means that the lease term dictates the length of the franchise agreement.

For a Bojangles restaurant located within an existing structure, the initial franchise term is ten years from the opening date. However, similar to a standard restaurant, if the location is leased, the franchise agreement expires at the earlier of ten years from the opening date or the expiration or termination of the initial lease term. This again emphasizes the importance of the lease term in determining the duration of the franchise agreement.

These stipulations regarding lease terms are significant for prospective Bojangles franchisees. It is crucial to negotiate a lease term that aligns with the desired duration of the franchise agreement, whether it's the standard twenty years or the ten years for restaurants in existing structures. Franchisees should also consider renewal options for the lease to ensure they can continue operating the Bojangles restaurant for the full potential term of the franchise agreement. Failing to secure an adequate lease term could result in the premature termination of the franchise, regardless of the franchisee's compliance with the 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.