In which state did Bojangles sell the most outlets to franchisees during 2024, and how many outlets were sold?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
564 | Table No. 4 Status of Company-Operated Outlets For Years 2022 to 20242
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year | |---|---|---|---|---|---|---|---| | AL | 2022 | 11 | 0 | 0 | 0 | 0 | 11 | | | 2023 | 11 | 0 | 0 | 0 | 0 | 11 | | | 2024 | 11 | 0 | 0 | 1 | 10 | 0 |
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| FL | 2022 | 3 | 1 | 4 | 1 | 0 | 7 |
| 2023 | 7 | 1 | 0 | 3 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 5 | |
| GA | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 4 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 2 | 0 | |
| KY | 2022 | 7 | 0 | 0 | 1 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 | |
| NC | 2022 | 165 | 8 | 0 | 5 | 1 | 167 |
| 2023 | 167 | 4 | 0 | 0 | 0 | 171 | |
| 2024 | 171 | 2 | 0 | 1 | 0 | 172 | |
| SC | 2022 | 49 | 1 | 0 | 2 | 0 | 48 |
| 2023 | 48 | 2 | 0 | 0 | 0 | 50 | |
| 2024 | 50 | 0 | 0 | 0 | 0 | 50 | |
| TN | 2022 | 35 | 2 | 0 | 2 | 0 | 35 |
| 2023 | 35 | 0 | 0 | 0 | 0 | 35 | |
| 2024 | 35 | 0 | 0 | 0 | 7 | 28 | |
| TX | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 4 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 1 | 1 | 0 | 4 | |
| VA | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLET AND FRANCHISEE INFORMATION (FDD pages 77–82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, Alabama saw the highest number of outlets sold to franchisees during 2024. Specifically, 10 outlets in Alabama were sold to franchisees during that year. This contrasts with other states, such as Florida, Kentucky, North Carolina, South Carolina, Texas, and Virginia, which had zero outlets sold to franchisees during the same period.
For a prospective franchisee, this information is valuable in understanding the dynamics of outlet ownership changes within the Bojangles system. The fact that Alabama had a significant number of outlets sold to franchisees could indicate a strategic shift in the market, potential growth opportunities, or possibly restructuring within the existing franchise network. It is important to note that while Alabama saw 10 outlets sold to franchisees, one outlet was closed, resulting in zero outlets at the end of the year.
It's also worth noting that Tennessee saw 7 outlets sold to franchisees in 2024, but this did not result in an increase in the number of outlets at the end of the year, as the number of outlets decreased from 35 to 28. This could be due to various factors, such as franchisees leaving the system or corporate decisions to reacquire locations. Prospective franchisees should investigate the reasons behind these sales and closures to assess the stability and growth potential in different markets.
Overall, the data suggests that while there is activity in terms of outlets being sold to franchisees, it does not necessarily translate to net growth in all states. Potential franchisees should carefully analyze these trends, considering factors like market conditions, franchise support, and the overall health of the Bojangles franchise system in specific regions.