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Below is an in-depth analysis and side-by-side comparison of Bojangles' Famous Chicken 'n Biscuits vs Wingstop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,519,600 - $2,512,500 | $376,300 - $724,200 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | 1% | 4% |
Year Founded | 1977 | 1994 |
Year Franchised | 1978 | 1998 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | 50% of original fee | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/Yes |
Payroll | No/Yes | No/Yes |
Training & Support |
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Training | On-The-Job Training: 200-300 hours Classroom Training: 30 hours | On-The-Job Training: 139 hours Classroom Training: 48 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Loyalty program/app | Co-op advertising, Ad slicks, Regional advertising |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50 |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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.
Wingstop Franchising LLC is the franchisor. Wingstop restaurants offer
chicken wings in a variety of highly-seasoned flavors. They also offer
fresh-cut French fries, other foods, and beverages, including beer and
wine where legally permitted. A Wingstop franchise entitles the
franchisee to operate one restaurant at an approved location.