Bojangles, Bojangles’ Famous Chicken ‘n Biscuits®”, and “Bojangles’ Express franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.26 ↗

Franchise fees and ongoing costs

Franchise fee

$20,000 to $35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

4% · 4% of total monthly Gross Sales, due 15th day of each month for prior month's sales

Marketing contribution

1% (basis not captured; see original filing)

Technology fee

$153 per Restaurant per month, paid to franchisor for approved digital channel/technology vendors (counts toward the 3% local marketing requirement)

Other fees

Not captured

Working capital (FDD Item 7)

$32,000 to $60,000 for the initial three months of operation, covering restaurant-level payroll, taxes, insurance, food, paper, supplies, utilities, POS support, licenses/permits, bank charges and repair/maintenance; excludes advertising, royalty, and real estate/leasehold costs.

Fees sourceFDD p.22 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.26 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Historical Gross Sales (average, median, range, and distribution by dollar band) for franchised and company-operated Full-Size Restaurants (Bone-In and Boneless Chicken menus) and Express Restaurants; plus selected expense ratios (Food & Supplies, Restaurant Labor) and sales data (average check, drive-thru/carry-out %, daypart mix) for company-operated units only. No profit/EBITDA metric disclosed.

Reporting period

Fiscal Year 2025 (December 30, 2024 to December 28, 2025, 52 weeks)

Sample

Full-Size Bone-In Chicken Menu: 487 franchised + 222 company-operated (709 total); Express: 49 franchised + 9 company-operated (58 total); expense/sales data limited to the 222 company-operated Bone-In and 9 company-operated Express units open the full year

Reported average

$2,374,663

Reported median

$2,132,820

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.64 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

564

Year-end outlets

591

Net change

+27

Derivation

ending minus starting outlets

Openings

45

Terminations

0

Non-renewals

0

Other closures

3

Reacquisitions

1

Transfers

128

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD · page not captured ↗

SBA loan history

Loan activity

12 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$2,500,000

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

7 loans

Historical charge-off share

5.26%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

1 / 19

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Bojangles, Bojangles’ Famous Chicken ‘n Biscuits®”, and “Bojangles’ Express franchise cost?

Traditional Restaurant: $2,851,880 to $3,951,200; Bojangles Express Restaurant: $780,780 to $1,858,700 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $20,000 to $35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.26 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Bojangles, Bojangles’ Famous Chicken ‘n Biscuits®”, and “Bojangles’ Express owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Historical Gross Sales (average, median, range, and distribution by dollar band) for franchised and company-operated Full-Size Restaurants (Bone-In and Boneless Chicken menus) and Express Restaurants; plus selected expense ratios (Food & Supplies, Restaurant Labor) and sales data (average check, drive-thru/carry-out %, daypart mix) for company-operated units only. No profit/EBITDA metric disclosed.. Sample: Full-Size Bone-In Chicken Menu: 487 franchised + 222 company-operated (709 total); Express: 49 franchised + 9 company-operated (58 total); expense/sales data limited to the 222 company-operated Bone-In and 9 company-operated Express units open the full year. Period: Fiscal Year 2025 (December 30, 2024 to December 28, 2025, 52 weeks).

Item 19 performance sourceFDD p.64 ↗

What's the SBA charge-off rate for Bojangles, Bojangles’ Famous Chicken ‘n Biscuits®”, and “Bojangles’ Express?

5.26%; numerator / denominator: 1 / 19. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $2,500,000; window: FY2023-FY2026 YTD through 2026-06-30; sample: 7 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗