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86. Bojangles' Famous Chicken 'n Biscuits

Last Year's Rank: 86

Investment Range: $1,494,934 - $2,408,000

Initial Franchise Fee: $25,000

Category: Restaurant

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Company Description

Bojangles’ Famous Chicken ‘n Biscuits is a Southeastern chain of fast-food restaurants. Although it operates in only about a dozen southeastern and eastern U.S. states and a small handful of countries abroad, Bojangles’ has more than 700 locations. It offers southern staples such as grits and Cajun dishes, as well as biscuits “made from scratch.”

The first location opened in 1977 in Charlotte, North Carolina, and the first franchise location opened just a year later. Bojangles’ offers shares of its public stock, and Advent International Corporation owns the majority of its institutional holdings.

Company Statistics

Global Sales: $1,298,393,897

US Units: 756

International Units: 3

Total Units: 759

Percent Franchised: 58%

% International Units: 0%

US Franchised Units: 437

International Franchised Units: 3

Sales Growth %: 1.6%

Unit Growth %: -0.7%

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