What was the total balance for franchise acquisition for Bojangles as of December 25, 2022?

According to Bojangles's 2025 Franchise Disclosure Document, the balance for franchise acquisition as of December 25, 2022, was $1,600 (in thousands). This figure represents the initial investment Bojangles made to acquire franchise rights. This investment is then subject to amortization over time, which is the process of gradually writing off the initial cost of the asset over its useful life.

For a prospective franchisee, this information provides insight into how Bojangles accounts for its franchise acquisitions. It demonstrates the initial capital outlay Bojangles makes and how this cost is then managed on their financial statements. Understanding the amortization expense is also crucial, as it reflects the expense recognized each year, impacting the company's profitability.

It's important to note that this figure represents Bojangles's perspective as the franchisor. A potential franchisee would be more interested in the initial franchise fee and other startup costs they would need to pay to Bojangles to begin operating a franchise. This information is typically found in Item 7 of the FDD, which outlines the estimated initial investment for a Bojangles franchise.