Bojangles' in Tifton, Georgia
|Headquarters||Charlotte, North Carolina|
Number of locations
(Dec 30, 2018)
|Products||Fast food, including fried chicken, biscuits, french fries|
|Revenue||US$1.28 billion (2017)|
Durational Capital Management
Bojangles (formerly styled as Bojangles' until 2020) is an American regional chain of fast food restaurants that specializes in cajun-seasoned fried chicken, and buttermilk biscuits that primarily serves the Southeastern United States. The company was founded in Charlotte, North Carolina, in 1977 by Jack Fulk and Richard Thomas.
At various times[when?] Bojangles' has franchised restaurants in Grand Cayman Island, Jamaica, Honduras, Mexico, Ireland, and China. Currently, U.S.-based restaurants are in 14 U.S. states (Alabama, Arkansas, Florida, Georgia, Illinois, Kentucky, Maryland, Mississippi, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia) and the District of Columbia. Their home state of North Carolina has the largest number of locations.
Bojangles' opened its first location in Charlotte in 1977. The following year, the first franchised restaurant began operations.
During the time of Horn and Hardart's ownership, the chain grew rapidly and expanded to 335 restaurants including 100 restaurants in Florida. Part of this growth was fueled by acquisitions including the Florida-based Biscuits chain.
In 1990, Horn and Hardart sold most of its interest to Sienna Partners and Interwest Partners. The company was then headed by former KFC executive, Dick Campbell. In 1994 the company attempted a public offering. Campbell was subsequently replaced by CEO Jim Peterson. The company was sold to a group of investors headed by former Wendy's executive Joe Drury and financed by FMAC in 1998.
Bojangles' expanded throughout the 1990s and 2000s, with the 300th location opening in 2003. The restaurant started its first college campus location on the grounds of Central Piedmont Community College in 2005. The company also purchased naming rights to the original Charlotte Coliseum on Independence Boulevard in Charlotte.
Bojangles' was purchased again in 2007 by Falfurrias Capital Partners, a private equity firm. The first airport location was opened in 2008 at the Charlotte Douglas International Airport. In August 2011, Falfurrias sold Bojangles' to Boston-based Advent International, another private equity firm, after a competitive bidding process with other investors.
In January 2019, Randy Kibler was replaced by Jose Armario as the Chief Executive Officer and brought with him Brian Unger, to serve as the Chief Operating Officer. Both individuals were past employees of McDonald's.
On January 28, 2019, Bojangles' was acquired by the Jordan Company and Durational Capital Management (making Bojangles' a privately held company) with Bojangles' shareholders receiving $ 16.10 a share after their approval on January 14, 2019.
In December 2019, Bojangles' and Love's Travel Stops & Country Stores came to an agreement to add 40 Bojangles' locations at Love's Travel Stops in Illinois, Oklahoma, Arkansas, and Mississippi - all new states for Bojangles' - over the next ten years.
On August 3, 2020, the company released a statement stating it was dropping the apostrophe from its name. The same day, Bojangles released a video announcing a partnership with Dale Earnhardt Jr., the first celebrity to say the words, "It's Bo Time."
Restaurants offer the full menu during all operating hours. Biscuit sandwiches are the predominant breakfast item, including their signature cajun chicken filet biscuit, as well as country ham, egg, cheese, bacon, sausage, and country fried steak options. For lunch and dinner, their signature item is their bone-in fried chicken with a variety of side items (called "Fixin's"), including french fries, cajun-seasoned pinto beans, dirty rice, Bo-tato Rounds (a type of tater tot), coleslaw, green beans, macaroni and cheese, mashed potatoes, and grits. They also offer boneless chicken tenders known as "Chicken Supremes" which are served with a variety of dipping sauces, fried and grilled chicken sandwiches, a fish sandwich known as the "Bojangler", and a number of salads which can be topped with either grilled or fried chicken. Desserts include the Bo-Berry biscuit, which is a biscuit with blueberries and topped with a sugar glaze, a sweet-potato fried pie, and cinnamon biscuits. Seasonal and limited-time offerings also appear on some menus, such as pork chop biscuits.
|Wikimedia Commons has media related to Bojangles' Famous Chicken 'n Biscuits.|
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- Genovese, Daniella (December 18, 2019). "Bojangles' to expand into four more states in deal with Love's Travel Stops". Fox Business. Retrieved December 30, 2019.
- Rao, Sonia (August 3, 2020). "Bojangles loses apostrophe in its name, gains Dale Jr. partnership, in rebrand". The Charlotte Observer. Retrieved August 20, 2020.
- "Bojangles Menu". Retrieved March 30, 2020.