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Bojangles' Famous Chicken 'n Biscuits vs Dave's Hot Chicken Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bojangles' Famous Chicken 'n Biscuits vs Dave's Hot Chicken including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,519,600 - $2,512,500 | $419,800 - $2,386,500 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 4% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1977 | 2018 |
| Year Franchised | 1978 | 2018 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 50% of original fee | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/No | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 200-300 hours Classroom Training: 30 hours | - |
| Support | Purchasing 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 | Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
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.
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#49 in Franchise 500 for 2020.
#106 in Franchise 500 for 2021.
About Dave's Hot Chicken
!["Daves]("https://fddexchange.com/wp-content/uploads/2020/09/Daves-Hot-Chicken.jpg")
From its humble beginnings as a parking lot pop-up to a brick and mortar sensation with lines consistently around the block, Dave's can't keep up from its throngs of hot chicken fanatics.
Dave's Hot Chicken is currently seeking experienced multi-unit restaurant operators. Prime territories are available throughout the country.
The total investment necessary to begin operation of a Dave’s Hot
Chicken Restaurant (including non-traditional Restaurants) franchised
business is between $419,800 and $861,500. This includes $30,000 that
must be paid to the franchisor or its affiliate(s).
The total investment
necessary to begin operation of a Dave’s Hot Chicken Restaurant
franchised business that has a drive-thru and pickup window is between
$1,102,800 and $2,386,500. This includes $30,000 that must be paid to
the franchisor or its affiliate(s).
The total investment necessary to
begin operation of two Dave’s Hot Chicken Restaurants under an Area
Development franchised business is between $839,600 and $4,773,000. This
includes $60,000 that must be paid to the franchisor or its
affiliate(s).
The total investment necessary to begin operation of ten
Dave’s Hot Chicken Restaurants under an Area Development franchised
business is between $4,198,000 and $23,865,000. This includes between
$300,000 and $335,000 that must be paid to the franchisor or its
affiliate(s).