Franchise opportunities compared

    Bojangles Opco, LLC vs Sonic Drive-In

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Bojangles Opco, LLC discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Bojangles Opco, LLC: 64, Sonic Drive-In: 8). Different groups are not directly comparable.
    DisclosureBojangles Opco, LLCSDSonic Drive-In
    Financial commitment
    Estimated initial investment (Item 7)
    $780,780 – $2,851,880
    2026 FDD · Item 7
    $1,485,200
    TOTAL ESTIMATED INITIAL INVESTMENT (excluding free- standing real estate costs) (15) — 1485200
    2026 FDD · Item 7 · PDF p. 38
    Standard initial franchise fee (Item 5)
    Not available
    No single standard fee identified
    Not available
    No single standard fee identified
    Royalty (Item 6)
    $3.00
    able Royalty Fee Reduction (to be subtracted from the standard royalty fee) Year One — 3%
    2026 FDD · Item 6 · PDF p. 18
    $1.00
    lows: Duration of Effective Royalty Fee Effective Royalty Fee Opening through Year 1 — 1%
    2026 FDD · Item 6 · PDF p. 34
    Brand / advertising fund (Item 6)
    $2.00
    required cooperative advertising contributions for each Restaurant are a maximum of — 2%
    2026 FDD · Item 6 · PDF p. 25
    Not available
    No reviewed brand or advertising fund fee
    System scale & health
    Total outlets (Item 20)
    1,734
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 77
    6,824
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 74
    Net outlet change (Item 20)
    +100
    Calculated: 1,634 at end of 2023 → 1,734 at end of 2025
    −218
    Calculated: 7,042 at end of 2023 → 6,824 at end of 2025
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    1979
    From a verified franchisor listing
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Locations counted not stated in the reviewed record — Full-size bone-in
    1.8 percent
    other $1,000,000- $1,199,999 share company-operated · 2026 FDD · Item 19 · PDF p. 67
    Locations counted not stated in the reviewed record — Full-size bone-in menu
    0 restaurants
    other Full-size bone-in menu MD $1.4m–$1,599,999 franchised · 2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Full-size bone-in
    0.56 percent
    other $900,000-$999,999 share all · 2026 FDD · Item 19 · PDF p. 67
    +61 more groups in the full report
    Locations counted not stated in the reviewed record — 2nd Quartile
    47 percent
    other 2nd Quartile · 2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — All Restaurants
    1,338 restaurants
    other All Restaurants · 2026 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — 1st Quartile
    294 restaurants
    other 1st Quartile · 2026 FDD · Item 19 · PDF p. 71
    +5 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.