CHARLOTTE, N.C. — Bojangles, the Charlotte-based fast-food chain famous for its chicken and biscuits, is reportedly on the market with a potential price tag exceeding $1.5 billion, according to The Wall Street Journal.
The chain, which operates about 800 locations across 17 states, including roughly 15 in the Central Savannah River Area (CSRA), traces its roots back to 1977.
The first Bojangles restaurant opened on West Boulevard in Charlotte, where the company still maintains its corporate headquarters.
In 2019, Bojangles was sold to private equity firms The Jordan Company and Durational Capital Management. That sale was reportedly valued at about one-third of the current estimated price.
Bojangles is well known for its seasoned fries and Southern-style menu. The brand has strong ties to the Carolina Panthers, with former team owner Jerry Richardson once holding a stake in the company.
Bojangles remains the Panthers’ official tailgating partner and has a promotional agreement with current quarterback Bryce Young.
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