August 17, 2017 – CHARLOTTE, N.C.–Bojangles’, Inc. (NASDAQ: BOJA), the iconic, fast-growing restaurant operator and franchisor famous for its all-day breakfast, hand-breaded bone-in chicken and made from scratch buttermilk biscuits, today announced three new multi-unit development agreements which will grow the Bojangles’ brand across the Florida panhandle and down Florida’s east coast through the Daytona Beach area.
The franchise groups plan to build Bojangles’ restaurants in the Panama City, Tallahassee, Jacksonville, Gainesville, and Daytona Beach markets over the coming years.
- New Bojangles’ franchisee Bo Scallions, LLC plans multiple locations in the Jacksonville market.
- Currently developing the Tallahassee market, JCM Management, LLC has expanded their franchise agreement to develop restaurants in Panama City, Fla. and additional areas in Tallahassee.
- Bo Benton, Inc. currently operates 11 restaurants in the Myrtle Beach, South Carolina market. Last year, the group began developing Florida’s I-75 corridor, from Lake City to Gainesville and Ocala. The group has now expanded their business relationship with Bojangles’ to bring a number of restaurants to the greater Daytona Beach area, a new market for the brand.
Bojangles’ expansion in this region also includes multiple restaurants planned for the Mobile/Pensacola area, another new market for the brand. Operated by new Bojangles’ franchisee Angle, Inc., the group plans to open their first location in Mobile in 2018.
“Each of these development agreements align perfectly with our brand’s strategy for franchisees to lead expansion into new and adjacent markets,” said Randy Icard, Bojangles’ Vice President of Franchise Development. “These existing and new franchise organizations share our commitment to growing our brand the right way, providing great tasting, freshly-made food at an exceptional value to thousands of Bojangles’ fans across this region. Additionally, we are pleased to welcome the Bo Scallions team to our family of franchisees.”
“For nearly 15 years, our franchise group has proudly operated Bojangles’ locations in the Myrtle Beach area,” said Alan Chestnut, Operations Partner of Bo Benton, Inc. “We thoroughly believe in the power of the Bojangles’ brand, the high-quality food and commitment to growth in new markets. Our group is thrilled to lead the company’s expansion efforts in the Gainesville and Daytona Beach areas.”
For 40 years, fans have enjoyed Bojangles’ made-from-scratch offerings. The company’s Cajun-inspired menu includes fresh, never frozen, hand-breaded chicken; buttermilk biscuits freshly made every 20 minutes; flavorful fixin’s like green beans and Bojangles’ Cajun Pintos®, and Legendary Iced Tea®.
About Bojangles’, Inc.
Bojangles’, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from our Southern recipes. Founded in 1977 in Charlotte, N.C., Bojangles’ serves menu items such as delicious, famous chicken, made-from-scratch buttermilk biscuits, flavorful fixin’s and Legendary Iced Tea®. At June 25, 2017, Bojangles’ had 740 system-wide restaurants, of which 314 were company-operated and 426 were franchised restaurants, primarily located in the Southeastern United States. For more information, visit www.bojangles.com or follow Bojangles’ on Facebook and Twitter.
This press release contains forward-looking statements. All statements other than statements of historical fact included in this press release are forward-looking statements. These statements are not guarantees of future performance and involve a number of known and unknown risks, assumptions, trends, uncertainties and factors that are beyond our control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. We undertake no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise than as required under the federal securities laws.
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Cliff Cermak, 704-519-2126