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Below is an in-depth analysis and side-by-side comparison of Bojangles' Famous Chicken 'n Biscuits vs Golden Chick 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 | $440,950 - $1,348,500 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | 1% | 1% |
Year Founded | 1977 | 1967 |
Year Franchised | 1978 | 1972 |
Term Of Agreement | 20 years | 20 years |
Term Of Agreement | 20 years | 20 years |
Renewal Fee | 50% of original fee | $10K |
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/No |
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: 140 hours Classroom Training: 40 hours |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50 |
28% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | 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.