Under what conditions is a Bojangles franchisee eligible for the Equipment Reimbursement Incentive Program?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
become binding if accepted. Any final agreement on terms between the parties will be documented pursuant to a Development Agreement(s) and/or Franchise Agreement(s), as applicable, signed by the parties, and subject to Bojangles' internal approval process. Until Bojangles and Prospective Franchisee have executed actual Development Agreement(s) and/or Franchise Agreement(s), as applicable, either party may discontinue negotiations at any time for any reason.
ACKNOWLEDGED AND AGREED:
BOJANGLES OPCO, LLC [PROSPECTIVE FRANCHISEE ENTITY NAME]
EXHIBIT A Incentive Program(s)
[NOTE: SELECT APPLICABLE OPTION AND DELETE OPTIONS NOT APPLICABLE]
OPTION 1
[Equipment Reimbursement Incentive Program: details are provided in our FDD and include:
- You must sign a new development agreement no later than December 31, 2025 to develop and operate at least three new Bojangles restaurants.
- You may not be participating in any other incentive programs under any other development agreements with us or our affiliates nor receive any other monetary concessions from us or our affiliates.
- If you sign multiple new development agreements with us simultaneously or in the same year, the Program will only apply to your development agreement that has the most store commitments listed therein.
- You and your affiliates must be in full compliance with any agreements you have entered into with us and/or our affiliates.
- We or one of our affiliates, as directed by us, will reimburse you for up to $300,000 of your equipment costs relating to the development of each new Qualifying Restaurant within 30 days after (i) the opening of the Qualifying Restaurant; and (ii) our receipt of supporting invoice(s) from you, satisfactory to us, confirming the total equipment cost you paid for the equipment required to be installed
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, a developer must meet several conditions to be eligible for the Equipment Reimbursement Incentive Program. The developer must sign a new development agreement no later than December 31, 2025, to develop and operate at least three new Bojangles restaurants. The program only applies to the development agreement with the most store commitments if the developer signs multiple new development agreements with Bojangles simultaneously or in the same year.
Furthermore, the developer cannot participate in any other incentive programs under other development agreements with Bojangles or its affiliates, nor can they receive any other monetary concessions from Bojangles or its affiliates. The developer and their affiliates must be in full compliance with all agreements they have entered into with Bojangles and/or its affiliates.
If these conditions are met, Bojangles will reimburse the developer for up to $300,000 of their equipment costs related to developing each new Qualifying Restaurant. This reimbursement will occur within 30 days after the restaurant opens and after Bojangles receives satisfactory invoices confirming the total equipment cost paid by the developer. A Qualifying Restaurant is a new Bojangles restaurant opened by the developer in the assigned area within four years (if the qualifying Development Agreement is for three or four new restaurants) or within five years (if the Development Agreement is for five or more new restaurants) after the effective date of the Development Agreement. The restaurant must be located on a site approved by Bojangles, comply with the deadlines in the Development Schedule, and have a fully executed Franchise Agreement on Bojangles' approved form.