Report: Bojangles exploring potential sale of iconic Charlotte chicken chain
The iconic Charlotte-based chicken-and-biscuit chain Bojangles could be going up for sale, according to a Wall Street Journal report.
The fast-food chain is working with investment bankers on a possible $1.5 billion sale, The Journal reported Wednesday. But it’s also “still possible Bojangles will decide against selling after all,” people familiar with the matter told the newspaper.
Bojangles declined to comment Wednesday on the report, telling The Charlotte Observer, “As a general policy, we do not comment on rumors or speculation.”
Just six years ago, the fast-food chain was sold for $539 million to two New York firms, Durational Capital Management LP and The Jordan Company L.P.
Founded in 1977, Bojangles has 266 company-operated locations and 561 franchised units, according to the company’s website.
This year, Bojangles has debuted in Las Vegas, Houston and New Jersey, according to Bojangles, with expansion plans also in California.
It’s all part of Bojangles’ major store expansion since 2020, adding more than 100 franchise locations in new territories such as Columbus, Ohio; Orlando, Florida; Dallas and Austin, Texas; and Phoenix, Arizona.
Bojangles also has opened over 40 restaurants in Love’s Travel Stops in the Midwest and Southeast.
In 2022, Bojangles moved its longtime corporate offices from 9432 Southern Pine Blvd. in south Charlotte into a larger space 1 1/2 miles away at 500 Forest Point Circle. About 170 Bojangles employees work in the new space.
This story was originally published June 11, 2025 at 6:00 PM.
