Bojangles

Interested in selling your Bojangles NNN property or Bojangles ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Bojangles NNN property for sale or Bojangles ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Bojangles NNN property or the inclusion of a Bojangles ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Bojangles properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, Bojangles has over 816 restaurants in 15 states in the United States. The state with the most Bojangles locations is North Carolina, with 347 restaurants.

Revenue and income

In 2022, Bojangles‘ total revenue was $1.2 billion. Net income was $23 million.

Future plans

Bojangles plans to continue expanding its U.S. footprint. In 2023, the company plans to open over 100 new restaurants. Bojangles also invests in new technologies, such as mobile ordering and delivery.

Corporate vs. franchise

About 90% of Bojangles restaurants are franchised. The remaining 10% are corporate-owned. Franchisees typically pay a $25,000 franchise fee as well as 5% of gross sales as royalties.

Additional information Bojangles Properties

Bojangles History

Why Invest in Ground Lease and NNN Lease of Bojangles?

1) Bojangles NNN Property Investment: Stable income

For those looking for a consistent and dependable revenue stream, investing in a Bojangles NNN property is a wise decision. Bojangles, with its well-established brand and strong market presence, is a name that resonates with customers across the United States. This brand recognition and success translate into consistent and predictable cash flows for property investors. A critical factor contributing to this stability is the type of lease associated with Bojangles NNN properties. The combination of ground and NNN (Triple Net) leases ensures that property owners receive steady income over the long term. Let’s delve into why this type of investment can be so dependable.

2) Bojangles NNN Property Investment: Established tenant

Having an established tenant like Bojangles is a tremendous advantage in property investment. Bojangles’ reputation and recognizable brand significantly reduce the risk of vacancy or lease default. As a landlord, you can depend on a dependable tenant to protect your investment and lessen the chances sometimes related to real estate. Bojangles, known for its delicious chicken and biscuits, has a loyal customer base and a track record of success. This success story translates into a reliable source of rental income for property investors. In times of economic uncertainty, having a trusted tenant like Bojangles can provide peace of mind and financial security.

3) Bojangles NNN Property Investment: Low management responsibility

One of the significant advantages of investing in Bojangles NNN property is the minimal management responsibility it entails for property owners. Under NNN leases, tenants are responsible for property maintenance, taxes, and insurance. This arrangement shifts the burden of day-to-day management away from the landlord, allowing you to enjoy the benefits of real estate ownership without the hassle. For busy investors or those looking for a more passive income stream, Bojangles NNN properties are an attractive option. You can concentrate on other areas of your investment portfolio or take a more hands-off approach to real estate ownership when tenants take care of the costs associated with the property.

4) Bojangles NNN Property Investment: Favorable lease terms

Investing in a Bojangles NNN property also has the advantage of favourable lease terms. Bojangles typically signs extended lease agreements with built-in rent escalations. This means that not only do you enjoy a predictable income stream, but you also have the potential for rental growth over time. Long-term leases provide financial stability for property owners, while rent escalations help your income keep pace with inflation and market trends. This combination of strength and potential for growth makes Bojangles NNN properties an appealing choice for income-focused investors.

5) Bojangles NNN Property Investment: Real estate value

Beyond the stable income and favourable lease terms, Bojangles‘ strategic locations in high-traffic areas can enhance the real estate value of your investment. Properties in prime locations often see capital appreciation over time, which can significantly boost the overall return on your investment. Investing in Bojangles NNN property isn’t just about the immediate income; it’s about the long-term potential for your real estate portfolio. As Bojangles continues to expand its footprint and attract customers, the value of your property can rise, providing you with both rental income and the prospect of capital appreciation.

Pros and Cons of Bojangles Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Bojangles’s success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.

Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.