What was the total amount of operating lease liabilities (long-term) for Bojangles as of December 29, 2024?

According to Bojangles's 2025 Franchise Disclosure Document, as of December 29, 2024, the total amount of long-term operating lease liabilities was $205,416 (in thousands). This figure represents Bojangles's financial obligations for property leases extending beyond one year.

For a prospective franchisee, understanding these lease liabilities is crucial because it provides insight into the company's long-term financial commitments related to its real estate footprint. These liabilities reflect the present value of future lease payments for properties Bojangles occupies, influencing the company's overall financial health and stability.

Franchisees should consider these figures in the context of Bojangles's overall financial performance and growth strategy. A significant portion of long-term operating lease liabilities could indicate a reliance on leased properties, which may impact the company's flexibility and profitability, especially if market conditions change or if Bojangles needs to adapt its restaurant locations.

It is also important to note that these figures are presented in thousands of dollars, so the actual liability is $205,416,000. Reviewing these liabilities in comparison to previous years, as well as in relation to Bojangles's assets and revenues, can offer a more comprehensive understanding of the company's financial strategy and risk profile.