table_specific

Does Bojangles offer a Development Incentive Program Addendum specifically for minorities, women, and veterans, and if so, what exhibit is it?

Bojangles Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT P DEVELOPMENT INCENTIVE PROGRAM ADDENDA

  • P.1. DEVELOPMENT INCENTIVE PROGRAM ADDENDUM FOR MINORITIES, WOMEN AND VETERANS
  • P.2. EQUIPMENT REIMBURSEMENT INCENTIVE PROGRAM ADDENDUM

Source: Item 22 — CONTRACTS (FDD page 82)

What This Means (2025 FDD)

According to Bojangles's 2025 Franchise Disclosure Document, the company does offer a Development Incentive Program Addendum for minorities, women, and veterans. This addendum is listed as Exhibit P.1. within the broader set of documents under Exhibit P, which covers Development Incentive Program Addenda.

This program is designed to encourage individuals from historically underrepresented groups to develop Bojangles restaurants. To participate, a developer must commit to opening three or more restaurants. It is important to note that franchisees cannot combine this incentive with any other incentive programs offered by Bojangles as part of the same development agreement.

Under this program, franchisees may receive a 50% initial reduction of the then-current franchise fee for the first two restaurants developed. Additionally, Bojangles offers a reduced royalty fee for the first three years of operation. These incentives aim to lower the initial financial burden and improve early-stage profitability for franchisees who qualify under the minorities, women, and veterans program.

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.