How much was the depreciation and amortization for Bojangles for the year ended December 31, 2023?

According to Bojangles's 2025 Franchise Disclosure Document, there are multiple components contributing to the total depreciation and amortization expense. Amortization expense related to franchise rights was $1,533 for the year ended December 31, 2023. Additionally, depreciation and amortization expense related to property and equipment totaled $21,700 for the same period. Finally, amortization expense totaled $34,445 for the year ended December 31, 2023, and is included in depreciation and amortization expense in the accompanying financial statements. These figures are in thousands of dollars.

These expenses reflect the reduction in value of Bojangles's assets over time. Depreciation applies to tangible assets like property and equipment, while amortization applies to intangible assets like franchise rights. The accounting treatment of these items impacts Bojangles's reported profits and overall financial health.

For a prospective franchisee, understanding these expenses is crucial. While these figures reflect the expenses of the overall Bojangles corporation, they provide insight into the types of expenses a franchisee can expect to incur at their own unit level, although the amounts will vary depending on the specific assets and circumstances of the franchise. A franchisee should consult with a financial advisor to understand how depreciation and amortization will affect their individual franchise's profitability and tax obligations.