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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.

Since 1990Food & BeverageCharlotte, NCWalker Parent, Inc.www.bojangles.com
Item 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
N/A
Franchise Fee
$35,000
Locations
564

Financial Requirements

Franchise Fee$35,000
Initial Investment RangeN/A
Royalty Rate4.00%
Brand Fund1.00%
Fixed Monthly Fees$153 - $153

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

Franchise Stats

Franchise Locations564
Corporate Locations266
States Operating18
Franchising Since1990
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$2,408,892.72
Median Gross Revenue
$2,127,954.29

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 to Other Fast Food Franchises

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
BONJANGLES EXPRESS
Current
N/A$35K4.0%564
Burger King$2.1M - $4.7M$50K4.5%19,732
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
Fast Food Average
127 franchises
$605K - $1.5M$35K6.1%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 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 by Outlet Count
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 (2011 - 2025)

Total Loans
27
Average Loan Amount
$1,483,081
Total Loan Volume
$40,043,200
Default Rate
7.4%

Loans by Year

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

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
1
Ceased Operations (Other)
2
System Transfers
9
Sold to Franchisees
19
Projected New Franchises
48

Frequently Asked Questions

How much revenue does a BONJANGLES EXPRESS franchise make?

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.

How many BONJANGLES EXPRESS franchise locations are there?

As of the 2025 FDD, BONJANGLES EXPRESS has 564 franchise locations. The company has been franchising since 1990.

Can you get an SBA loan for a BONJANGLES EXPRESS franchise?

Yes, SBA loans are available for BONJANGLES EXPRESS franchises. Historical data shows 27 SBA 7(a) loans have been approved for BONJANGLES EXPRESS franchisees, with an average loan amount of $1,483,081. The historical default rate is 7.4%.

Is BONJANGLES EXPRESS a good franchise to buy?

BONJANGLES EXPRESS shows several positive indicators: established brand with 564+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

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