BONJANGLES EXPRESS

BONJANGLES EXPRESS

Bojangles Express is a quick-service restaurant franchise offering chicken and biscuits in smaller-format locations integrated into convenience stores, shopping malls, food courts, college campuses, airports, stadiums, and other non-traditional high-traffic venues. Franchisees operate using the Bojangles System, featuring proprietary recipes for items like biscuits, chicken tenders or bone-in chicken (market-dependent), seasoned fries, dirty rice, Cajun pintos, iced tea, and desserts, with a limited menu tailored to space constraints. The business model involves franchising these express units to target commuters, shoppers, students, travelers, and event-goers seeking fast breakfast, lunch, and dinner options.

564
Locations
Since 1990
Franchising
Food & BeverageCharlotte, NCWalker Parent, Inc.www.bojangles.comDisclaimer

Franchise Costs


Franchise Fee
$35,000
Item 5 of FDD
Initial Investment Range
N/A
Item 7 of FDD
Royalty Rate
4.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$153 – $153
Item 6 of FDD

4% royalty + 1% Marketing Development Fund + $153/mo advertising technology vendors

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0

Data Based On: Data for 519 franchised Full-Size Restaurants with Bone-In Chicken Menu, Full-Size Restaurants with Boneless Chicken Only Menu, and Express Restaurants operated continuously for Fiscal Year 2024 or TTM period.

* Financial performance representations are made in Item 19. Data for franchised units was collected from three categories: 1. Full-Size Restaurants with Bone-In Chicken Menu (Fiscal Year 2024, from Table C, page 5): - 470 units, average gross sales: $2,441,735 - Median gross sales: $2,157,821 2. Express Restaurants (Fiscal Year 2024, from Table J, page 10): - 44 units, average gross sales: $2,089,800 - Median gross sales: $1,814,691 3. Full-Size Restaurants with Boneless Chicken Only Menu (TTM Period, from Table F, page 7): - 5 individual franchised units with sales: $2,378,661, $2,814,098, $2,077,200, $1,827,317, $1,551,396. - Calculated average gross sales for these 5 units: ($2,378,661 + $2,814,098 + $2,077,200 + $1,827,317 + $1,551,396) / 5 = $2,129,734.4. - Calculated median gross sales for these 5 units (sorted: $1,551,396, $1,827,317, $2,077,200, $2,378,661, $2,814,098): $2,077,200. Total franchised units: 470 + 44 + 5 = 519. Weighted average gross revenue calculated as: (470 * $2,441,735 + 44 * $2,089,800 + 5 * $2,129,734.4) / 519 = $2,408,892.72. Weighted median gross revenue calculated as: (470 * $2,157,821 + 44 * $1,814,691 + 5 * $2,077,200) / 519 = $2,127,954.29. Revenue top/bottom quartile are null as the document provides ranges of gross sales and not averages of specific quartile segments. Profit and expense metrics (gross profit, net income, net profit, EBITDA, best guess profit low/high) are null because all expense percentages provided in Tables D and F are explicitly stated or implied for 'company-operated Restaurants' and not for franchised units. The prompt states to ignore company-owned unit data unless no franchise data exists, and no specific franchise expense data was found to calculate profit metrics.

Extracted Item 19 Section

How BONJANGLES EXPRESS Compares


FranchiseInvestmentFeeRoyaltyLocations
BONJANGLES EXPRESS
Current
N/A$35K4.0%564
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
AFC$45K – $151K$6K9.5%3,572
SONIC DRIVE-IN$1.7M – $3.1M$15K5.0%3,441
JIMMY JOHN'S$366K – $728K$35K6.0%2,647
ARBY'S$645K – $2.5M$38K4.0%2,316
Fast Food Average
126 franchises
$593K – $1.5M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 Fast Food franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1NC
180
2GA
108
3SC
100
4VA
71
5TN
45
6AL
33
7MS
4
8LA
4
9AR
3
10OH
3
11IL
3
12FL
3
13TX
2
14PA
2
15WV
1

+2 more states

SBA Loan History


Historical SBA 7(a) loan data for BONJANGLES EXPRESS franchisees (20112025)

Total Loans
27
Average Loan
$1,483,081
Total Volume
$40.0M
Default Rate
7.4%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


554 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

554 Contacts Available

Unlock all BONJANGLES EXPRESS franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases3

Disputes with Bojangles’ of America Franchisee Association (representing franchisees) over audit rights for marketing fund and supplier accrual account, unfair trade practices, and confidentiality violations; one settled franchisee lawsuit alleging FDD misrepresentations, fraudulent concealment, and breach of duties.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
1
Ceased Ops
2
Transfers
9
Sold to Franchisees
19
Projected New
48

Frequently Asked Questions


According to the 2025 FDD, the average gross revenue for a BONJANGLES EXPRESS franchise is $2,408,892.72. The median revenue is $2,127,954.29.

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