Charlotte-Based Restaurant Chain Reportedly for Sale
Bojangles, the Charlotte-founded fast food chain known for its fried chicken and biscuits, is reportedly up for sale and could fetch more than $1.5 billion, according to a June 11 report by The Wall Street Journal.
The chain, which opened its first location on West Boulevard in 1977, now operates approximately 800 restaurants across 17 states. Bojangles has remained a staple in the Southeast, particularly in North Carolina, where it maintains a strong brand identity.
According to WBTV, Bojangles was previously sold in 2019 to private equity firms The Jordan Company and Durational Capital Management. That transaction was reportedly valued at roughly one-third of the current estimated price.
Representatives for Bojangles and its owners have not publicly commented on the potential sale.
The company continues to expand and recently launched new store formats and menu items aimed at national growth.
