For the year ended December 29, 2024, how many Bojangles Company-operated restaurants were divested?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchised | Company- Operated | System Wide | |
|---|---|---|---|
| Restaurants as of December 26, 2021 | 496 | 277 | 773 |
| Opened during the period | 23 | 12 | 35 |
| Closed during the period | (9) | (11) | (20) |
| Acquired during the period | 1 | 4 | 5 |
| Divested during the period | (4) | (1) | (5) |
| Restaurants as of December 25, 2022 | 507 | 281 | 788 |
| Opened during the period | 31 | 11 | 42 |
| Closed during the period | (14) | (3) | (17) |
| Acquired during the period | 4 | - | 4 |
| Divested during the period | - | (4) | (4) |
| Restaurants as of December 31, 2023 | 528 | 285 | 813 |
| Opened during the period | 15 | 2 | 17 |
| Closed during the period | (1) | (3) | (4) |
| Acquired during the period | 19 | 1 | 20 |
| Divested during the period | (1) | (19) | (20) |
| Restaurants as of December 29, 2024 | 560 | 266 | 826 |
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles' 2025 Franchise Disclosure Document, for the year ended December 29, 2024, 19 Company-operated restaurants were divested. This is a significant number and represents a substantial change in the company's operations.
Divestiture means that Bojangles sold or otherwise transferred ownership of these restaurants to another party, which could include existing franchisees or new owners. This could be part of a strategic shift towards a greater emphasis on franchising rather than direct operation of restaurants.
For a potential franchisee, this information is relevant because it provides insight into Bojangles' strategy and the potential for acquiring existing locations. It also highlights the importance of understanding the reasons behind these divestitures, as they could indicate challenges or opportunities within the Bojangles system. Reviewing the performance history of divested stores could be a critical part of due diligence.