What are the three requirements for a Managing Owner of a Bojangles franchise?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
Your Managing Owner will be the person with whom we will communicate and will have the authority to bind you with respect to all financial, operational and legal matters related to the Franchised Business and your Development Agreements and Franchise Agreements with us. The Managing Owner shall own a majority of your equity interests during the entire period s/he serves as Managing Owner. If you do not have an owner with a majority equity interest, the Managing Owner shall own the next highest percentage equity interest during the entire period s/he serves as Managing Owner. The same individual may serve as your Managing Owner of all the franchised Restaurants controlled by you. Your Managing Owner must: (1) successfully complete our initial training program; (2) execute the Development Agreement and Franchise Agreement and be individually bound by all your obligations under those agreements; and (3) be approved by us. The Managing Owner may also serve as your Designated Operator as described below provided that the Managing Owner meets the criteria for both positions independently.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 53–54)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, a Managing Owner must meet three specific requirements. First, the Managing Owner must successfully complete Bojangles's initial training program. This ensures they have the knowledge and skills necessary to operate a franchise according to Bojangles's standards. Second, the Managing Owner must execute both the Development Agreement and the Franchise Agreement, and they must be individually bound by all obligations outlined in those agreements. This signifies their commitment to adhering to the terms and conditions set forth by Bojangles. Third, the Managing Owner must be approved by Bojangles itself, indicating that the franchisor has assessed and accepted the individual as suitable to manage a franchise.
These requirements are put in place to ensure that the Managing Owner is well-prepared, fully committed, and approved by Bojangles to oversee the financial, operational, and legal aspects of the franchised business. The Managing Owner serves as the primary point of contact between the franchisee and Bojangles, making these qualifications crucial for effective communication and adherence to franchise standards.
Additionally, the Managing Owner must own a majority of the equity interests during their tenure. If no owner holds a majority, the Managing Owner should possess the next highest percentage of equity. This ensures that the Managing Owner has a vested interest in the success of the franchise. These requirements collectively aim to protect the Bojangles brand and ensure consistent operation across all franchise locations.