|
Below is an in-depth analysis and side-by-side comparison of Bojangles' Famous Chicken 'n Biscuits including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,519,600 - $2,512,500 | |
Franchise Fee | $25,000 | |
Royalty Fee | 4% | |
Advertising Fee | 1% | |
Year Founded | 1977 | |
Year Franchised | 1978 | |
Term Of Agreement | 20 years | |
Term Of Agreement | 20 years | |
Renewal Fee | 50% of original fee | |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | No/Yes | |
Start-up Costs | No/Yes | |
Equipment | No/No | |
Inventory | No/Yes | |
Receivables | No/Yes | |
Payroll | No/Yes | |
Training & Support |
||
Training | On-The-Job Training: 200-300 hours Classroom Training: 30 hours | |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Loyalty program/app | |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50 | |
Expansion Plans |
||
US Expansion | Yes | |
Canada Expansion | No | |
International Expansion | Yes |
Founded by Jack Faulk and Richard Thomas in 1977, Bojangle's serves Cajun-style chicken, buttermilk biscuits and other favorites to customers throughout the southeastern United States.