What was the total amount of distributions for Bojangles for the period ending December 25, 2022?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| (dollars in thousands) | December 29, 2024 | December 31, 2023 | December 25, 2022 |
|---|---|---|---|
| Revenues | |||
| Company-operated restaurant revenues | $ 593,957 | $ 594,036 | $ 544,368 |
| Franchise royalty revenues | 47,116 | 42,204 | 39,311 |
| Property and equipment rental revenues | 9,609 | 8,939 | 9,955 |
| Other franchise revenues | 954 | 1,546 | 536 |
| Total revenues | 651,636 | 646,725 | 594,170 |
| Restaurant operating expenses | |||
| Company-operated restaurant food and packaging costs | 178,743 | 184,476 | 183,354 |
| Company-operated restaurant labor costs | 175,628 | 184,777 | 174,606 |
| Company-operated restaurant operating costs | 142,494 | 139,712 | 136,080 |
| Company-operated restaurant depreciation and amortization | 23,890 | 20,156 | 15,89 |
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, the total distributions for the period ending December 25, 2022, were $78,718,000. This figure is part of the Bojangles Opco, LLC Statements of Member's Equity. The statement outlines changes in equity over time, including contributions, distributions, and net income or loss.
Distributions represent the amount of money or assets Bojangles distributed to its members or owners during the fiscal year. This is a key indicator of the company's financial performance and its ability to return capital to its stakeholders. For prospective franchisees, understanding the distribution trends can provide insight into the financial stability and profitability of the company.
It's important to note that the figure is expressed in thousands of dollars, so the actual amount is significantly larger. Reviewing these statements over several years, as presented in the FDD, allows potential franchisees to assess the consistency and growth of distributions, which can be a factor in evaluating the overall health and attractiveness of the franchise opportunity.