Bojangles — Sale in Augusta, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Augusta, GA 30909

Photos

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Investment Figures

Cap rate
6.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Bojangles is an American regional chain of fast food restaurants that specializes in Cajun-seasoned fried chicken and buttermilk biscuits, primarily serving the Southeastern United States and rapidly expanding into new markets throughout the country. Bojangles has over 880 company-owned and franchised restaurants in 24 states. Augusta, Georgia is the home of Augusta National Golf Club, where the Masters Tournament is played each year, attracting more than 40,000 spectators and tourists each year. The Augusta-Richmond County metro consists of seven counties: Burke, Columbia, Lincoln, McDuffie and Richmond counties in Georgia, and Aiken and Edgefield counties in South Carolina. Investment Highlights: • Eight Plus Years Remaining on an Absolute Triple-Net (NNN) Lease with the Largest Franchisee in the Bojangles System • Tenant has 25 Plus Years' Experience as a Bojangles Franchisee and Currently Operates 120 Locations with Plans to Open 45 New Locations Through 2029 • Annual Rental Increases with Multiple Renewal Options • Densely-Populated Augusta Trade Area - 158,806 Residents within a Five-Mile Radius • Situated Immediately Off Interstate 520 with Excellent Frontage Along Wrightsboro Road (Approximately 27,800 Cars per Day) • Adjacent to Augusta Mall, a Super-Regional Shopping Mall and One of the Largest Malls in the State of Georgia

Market Context

This food service in Augusta, GA is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Augusta, GA — view the full market.

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