Bojangles' Famous Chicken 'n Biscuits

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Bojangles' Famous Chicken 'n Biscuits
Public
Traded as NASDAQ: BOJA
Industry Food
Founded 1977
Founder Jack Fulk, Richard Thomas
Headquarters Charlotte, North Carolina
Number of locations
 600+[1]
Key people
 Clifton Rutledge (CEO)
Products Fast food, including fried chicken, biscuits, french fries aka cajun fries
Website www.bojangles.com

Bojangles' Famous Chicken 'n Biscuits is a Southeastern regional chain of fast food restaurants based in Charlotte, North Carolina,[2] specializing in spicy, "Cajun" fried chicken and buttermilk biscuits. The company was founded in Charlotte, in 1977 by Jack Fulk and Richard Thomas.

In April 2015, the company filed with the US regulator for an initial public offering of its common stock, expecting to raise $372 million.[3]

Ownership history

Jack Fulk sold the Bojangles' concept to the now defunct New York company, The Horn & Hardart Company,[4] in 1981.

Advertisement for Bojangles at Durham Athletic Park, North Carolina (1989)

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 Biskits 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. Dick 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.[5]

Bojangles' was purchased once again in 2007 by Falfurrias Capital Partners,[6] a private equity firm. In August 2011, Falfurrias sold Bojangles' to Boston-based Advent International, another private equity firm, after a competitive bidding process with other investors. .[7]

The company has restaurants in 11 states and the District of Columbia and three restaurants in Roatan Island, Honduras. At various times Bojangles' has franchised restaurants in Grand Cayman Island, Jamaica, Mexico, Ireland and China, as well as restaurants on mainland Honduras.

The company opened its 600th restaurant on July 8, 2014, on Galleria Road in Charlotte with Charlotte mayor Dan Clodfelter cutting the celebratory ribbon.[8]

Menu items

Bojangles' serves a variety of Southern staples, including fried chicken (tenders or bone-in pieces), mashed potatoes, green beans, coleslaw, and other similar dishes. The restaurant's signature items include dirty rice (sausage and specially seasoned rice), chicken supremes (chicken strips), and cajun pinto beans along with its signature biscuits and sweetened iced tea. The restaurant also produces its own signature dipping sauce, Bo Sauce.

Cheddar Bo, with cheddar cheese in a buttermilk biscuit, was available only in eastern North Carolina and Virginia. In January 2015, it was offered at 500 locations in the Southeastern United States for a limited time.[9]

See also

References

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External links

  1. ↑ It's Bo Time Again in Greenwood As Bojangles' Opens Its Second Restaurant in the Area
  2. ↑ "Contact". Bojangles'. Retrieved on October 1, 2012. "Support Center 9432 Southern Pine Boulevard Charlotte, NC 28273-5553"
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
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  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Adams-Heard, Rachel. (2014, July 9). Bojangles' reaches a milestone: 600 stores. The Charlotte Observer: retrieved July 9, 2014.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
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