What was the total amount of franchise royalty revenues for Bojangles as of December 29, 2024?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
----------------|----------------------| | Assets | | | | Current assets | | | | Cash and cash equivalents | $ 16,381 | $ 20,361 | | Accounts receivables, net of allowance of | | | | $115 and $93, respectively | 6,614 | 4,676 | | Vendor receivables | 2,732 | 2,747 | | Inventories, net | 3,549 | 3,981 | | Prepaid and other current assets | 418 | 408 | | Total current assets | 29,694 | 32,173 | | Property and equipment, net | 84,985 | 83,611 | | Goodwill, net | 142,758 | 175,663 | | Brand | 340,500 | 340,500 | | Franchise rights, net
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, the franchise royalty revenues for the year ending December 29, 2024, totaled $47,116,000. This figure represents the income Bojangles received from its franchisees based on a percentage of their gross sales. Franchise royalty revenues are a key indicator of the health and performance of a franchise system, reflecting the collective sales and success of its franchised locations.
For a prospective Bojangles franchisee, this number highlights the revenue-generating capacity of the franchise system as a whole. It demonstrates the brand's ability to generate royalties from its franchisees, which is dependent on the franchisees' sales. A higher royalty revenue generally indicates a stronger and more profitable franchise network.
In addition to franchise royalty revenues, Bojangles also earns revenue from company-operated restaurants, property and equipment rentals, and other franchise-related activities. These figures, combined with the royalty revenues, provide a comprehensive view of Bojangles's overall financial performance and revenue streams.