Steaks To Go vs Bojangles' Famous Chicken 'n Biscuits Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Steaks To Go vs Bojangles' Famous Chicken 'n Biscuits including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Steaks To Go Franchise
Bojangles' Famous Chicken 'n Biscuits Franchise
Investment $110,000 - $150,000$1,519,600 - $2,512,500
Franchise Fee $24,500$25,000
Royalty Fee $250/wk. or 3%4%
Advertising Fee -1%
Year Founded 19901977
Year Franchised 19951978
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee -50% of original fee


Business Experience Requirements
 
Steaks To Go Franchise
Bojangles' Famous Chicken 'n Biscuits Franchise
Experience -
  • Industry experience
  • General business experience
    		•

    Financing Options
     
    Steaks To Go Franchise
    Bojangles' Famous Chicken 'n Biscuits Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/No
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Steaks To Go Franchise
    Bojangles' Famous Chicken 'n Biscuits Franchise
    Training -On-The-Job Training: 200-300 hours Classroom Training: 30 hours
    Support Grand opening, Internet, Field operations/evaluationsPurchasing 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

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50

    Expansion Plans
     
    Steaks To Go Franchise
    Bojangles' Famous Chicken 'n Biscuits Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Steaks To Go

    NO LONGER FRANCHISING

    Steaks To Go was established in 1990 by Daniel Okonta. The Murfreesboro, Tennessee-based organization fused the Steaks To Go Franchise Company Inc. in 1994 and started diversifying in 1995. The organization offers both single eatery units and region improvement assentions, which take into consideration a predetermined domain. Steaks To Go has areas in the United States and Canada.

    About Bojangles' Famous Chicken 'n Biscuits

    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.

    Today the Charlotte, North Carolina-based company, which also has restaurants in Honduras and Jamaica, offers a menu that includes chicken, biscuits, rice, french fries and sandwiches. Bojangle's locations also serve breakfast.

    The total investment necessary to begin operation of a Bojangles’ Restaurant ranges from $1,519,600 to $2,512,500 for a traditional, free-standing Bojangles’ Restaurant and from $414,155 to $1,284,700 for a Bojangles’ Express® Restaurant developed as part of another retail operation. This includes $25,000 for each traditional Bojangles’ Restaurant and $15,000 for each Bojangles’ Express Restaurant that must be paid to the franchisor.
    If you sign a Development Agreement to develop multiple Bojangles’ Restaurants you must pay a development fee in the amount of $5,000 for each Restaurant that you commit to develop, which will be credited against the franchise fee that you pay for each Restaurant that you develop. The franchisor individually negotiates the number of Restaurants that you may develop under each Development Agreement. These estimates do not include the cost of acquiring real estate.


    ""   "Entrepreneur

    #49 in Franchise 500 for 2020.
    #106 in Franchise 500 for 2021.