What is the purpose of the Bojangles Development Incentive Program?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
In order to encourage the development of franchised Bojangles restaurants ("Restaurants"), Franchisor has implemented an equipment reimbursement incentive program (the "Program").
In order to encourage the development of franchised Bojangles restaurants by persons who are part of certain historically underrepresented groups, Franchisor has implemented a development incentive program (the "Program").
OPTION 1
[Equipment Reimbursement Incentive Program: details are provided in our FDD and include:
- You must sign a new development agreement no later than December 31, 2025 to develop and operate at least three new Bojangles restaurants.
- You may not be participating in any other incentive programs under any other development agreements with us or our affiliates nor receive any other monetary concessions from us or our affiliates.
- If you sign multiple new development agreements with us simultaneously or in the same year, the Program will only apply to your development agreement that has the most store commitments listed therein.
- You and your affiliates must be in full compliance with any agreements you have entered into with us and/or our affiliates.
- We or one of our affiliates, as directed by us, will reimburse you for up to $300,000 of your equipment costs relating to the development of each new Qualifying Restaurant within 30 days after (i) the opening of the Qualifying Restaurant; and (ii) our receipt of supporting invoice(s) from you, satisfactory to us, confirming the total equipment cost you paid for the equipment required to be installed in the Qualifying Restaurant.
OPTION 2
[Development Incentive Program for Minorities, Women and Veterans: details are provided in our FDD, and include:
- You must commit to opening three (3) or more Bojangles' restaurants;
- You may not be participating in any other incentive programs that we offer as part of the same development agreement;
- You and your affiliates must be in full compliance with any agreements you have entered into with us or our affiliates;
- 50% initial reduction of the then-current franchise fee on the first (2) two restaurants developed under the program; and
- Reduced royalty fee for three years as shown below:
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles' 2025 Franchise Disclosure Document, the Development Incentive Program is designed to encourage the development of franchised Bojangles restaurants. There are two specific programs outlined: one aimed at general development through equipment reimbursement, and another focused on encouraging development by individuals from historically underrepresented groups such as minorities, women, and veterans.
The Equipment Reimbursement Incentive Program aims to motivate developers to open new Bojangles restaurants by offering financial assistance with equipment costs. To be eligible, developers must sign a new development agreement by December 31, 2025, committing to open at least three new restaurants, and they cannot participate in other incentive programs. Bojangles may reimburse up to $300,000 of equipment costs for each new 'Qualifying Restaurant,' subject to certain conditions and timelines.
The Development Incentive Program for Minorities, Women, and Veterans aims to encourage franchise development by these groups. To qualify, candidates must commit to opening three or more Bojangles restaurants and cannot participate in other incentive programs under the same development agreement. This program includes a 50% initial reduction of the then-current franchise fee for the first two restaurants developed and a reduced royalty fee for the first three years of operation.