What years are covered by the audited financial statements for Bojangles?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit N are our audited financial statements as of December 29, 2024 and December 31, 2023 and for the years ended December 29, 2024, December 31, 2023 and December 25, 2022.
Also attached as Exhibit N are the audited consolidated financial statements of Walker Parent, Inc. and subsidiaries as of December 29, 2024 and December 31, 2023 and for the years ended December 29, 2024, December 31, 2023 and December 25, 2022. These financials are being included for disclosure purposes only. As reflected in Item 1, BRI, which is also a subsidiary of Walker Parent and Bojangles', Inc., is our Manager and will perform certain services on our behalf, including post-sale support and services to franchisees, under a Management Agreement with us. Neither BRI nor Walker Parent is a party to any Franchise Agreement or Development Agreement that we sign with franchisees, nor guarantees any of our obligations under any Franchise Agreement or Development Agreement that we sign with franchisees.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, the audited financial statements include data as of December 29, 2024, and December 31, 2023. These statements also cover the years ended December 29, 2024, December 31, 2023, and December 25, 2022. This provides a three-year financial overview of Bojangles's performance.
These audited financial statements offer prospective franchisees insight into Bojangles's financial health and stability. By examining the balance sheets and statements of income and cash flow, potential franchisees can assess the company's assets, liabilities, equity, revenue, and expenses over the specified period. This information is crucial for evaluating the financial risks and opportunities associated with investing in a Bojangles franchise.
Additionally, the inclusion of audited consolidated financial statements of Walker Parent, Inc. and subsidiaries for the same periods offers a broader context. However, the FDD clarifies that Walker Parent and its other subsidiaries are not directly party to the franchise agreements and do not guarantee Bojangles's obligations. Therefore, while this information provides additional background, the franchisee's primary focus should remain on the financial performance of Bojangles Opco, LLC.
It is important for prospective franchisees to carefully review these financial statements and consult with a financial advisor to fully understand the implications before making any investment decisions. Understanding the franchisor's financial performance is a critical step in assessing the overall viability and potential success of a Bojangles franchise.