Bojangles vs Popeyes Louisiana Kitchen
Franchise Comparison 2026
Both Bojangles and Popeyes Louisiana Kitchen are quick-service restaurants franchises. Bojangles requires an investment of $720K – $3.8M while Popeyes Louisiana Kitchen requires $505K – $3.9M. In terms of revenue, Bojangles reports higher average unit revenue at $2.4M. On SBA loan performance, Bojangles has a lower charge-off rate (8.0%) compared to Popeyes Louisiana Kitchen (10.4%). FranchiseVerdict rates Bojangles F (Bottom Quintile) and Popeyes Louisiana Kitchen A (Top Quintile).
| Metric | Bojangles | Popeyes Louisiana Kitchen |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | ATop QuintileTop Quintile |
| Investment Range | $720K – $3.8M | $505K – $3.9M |
| Franchise Fee | $35K | $50K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | $2.4M | $2.0M |
| SBA Charge-Off Rate | 8.0% (26 loans) | 10.4% (332 loans) |
| Total Units | 813 | 3,177 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2020 | 1976 |
| FDD Year | 2024 | 2025 |
Investment Range
$720K – $3.8M
$505K – $3.9M
Franchise Fee
$35K
$50K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
$2.4M
$2.0M
SBA Charge-Off Rate
8.0% (26 loans)
10.4% (332 loans)
Total Units
813
3,177
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2020
1976
FDD Year
2024
2025