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Bojangles' is the #1 restaurant franchise in the chicken category by Entrepreneur Magazine. The franchise was founded in 1977, and operates over 400 locations. They specialize in a variety of chicken, side items, biscuits and sandwiches all made-from-scratch. Bojangles' are looking for people who have a passion for innovation and customer service, possess a successful operational background in restaurant management and/or ownership, and have a minimum net worth of $1 million, with $500,000 in liquid assets. More about the cost of owning a Bojangles’ Famous Chicken n Biscuits franchise below.
Liquid capital required
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$500,000
|
Net worth required
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$1,000,000
|
Investment
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$590,100 - $2,828,500
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Franchise fee
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$20,000 - $35,000
|
Royalty
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4.0%
|
Offers Financing
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Yes
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Units in operation
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775
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Founded
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1977
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Franchising Since
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1978
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₱500,000 is required in available capital if you want to become a Bojangles’ Famous Chicken n Biscuits franchisee. The franchise expects its new franchisees to have a net worth of at least ₱1,000,000. The ongoing royalty payments from Bojangles’ Famous Chicken n Biscuits franchisees paid back to the franchisor is 4%. The lowest you can expect to invest is ₱590,100 if you want to become a Bojangles’ Famous Chicken n Biscuits franchisee. The most the franchisor could ask you to invest is ₱2,828,500 if you want to become a franchisee. New Bojangles’ Famous Chicken n Biscuits franchisees can expect to pay a ₱20,000 franchise fee for the rights to open their own location. This franchise was established in 1977. They became a franchised system in 1978. In total, there are 775 units of this franchise open today.
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