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Expansion Plans |<br />

Bojangles restaurants plan to reenter the Florida market within a few years. The company plans to open 450 locations in<br />

Escambia, Miami-Dade, Okaloosa and other counties, with the first new restaurant to be opened in Pensacola in 2008.<br />

(Miami.com 1/1/07)<br />

Bojangles Famous Chicken ’n Biscuits plans to return to Florida by opening 200 units between Jacksonville and Orlando over<br />

the next five years. Bojangles closed all of its Florida restaurants 17 years ago. (Bizjournals.com 6/29/07)<br />

Bojangles Famous Chicken and Biscuits and El Pollo Loco Inc. will expand their presence in the Atlanta market to more than<br />

130 units. Bojangles will open 15 more of its units in the metro Atlanta area during the next three years. The new locations are<br />

slated for Atlanta, Buford, Conyers, Newnana, Rockmart and Statesboro and are part of a greater expansion plan that will<br />

bring more than 80 new units to Georgia’s major cities over the next five years. Locations for El Pollo Loco are currently under<br />

construction in Gainesville, Marietta, Lithia Springs, Roswell, Chamblee and Lithonia. In addition, El Pollo Loco has other<br />

franchise commitments in Arizona, California, Florida, Illinois, Missouri, North Carolina, New York, New Jersey, New England,<br />

Oregon, South Carolina, Utah, Virginia and Washington. El Pollo Loco’s franchise commitments are part of a plan to open 50<br />

units in metro Atlanta within the next six years. (Qsrmagazine.com 9/7/07)<br />

<strong>Menu</strong> Development |<br />

Bojangles’ Famous Chicken ’N Biscuits rolled out a new sandwich line featuring chicken breast filets served on kaiser buns<br />

with lettuce and tomato. Selections include a Cajun Filet Sandwich; Rajun Cajun Sandwich, with pepper Jack cheese and a<br />

special cajun sauce; and Grilled Filet Sandwich. (Company Website)<br />

Franchise Activity |<br />

Bojangles’ expects to open 53 franchises in Georgia, 27 in Tennessee and 29 in Florida over the next year. The company is<br />

also looking to open units in Newark, NJ, and Scranton, PA, as well as moving into Texas, Oklahoma, Louisiana and<br />

Mississippi. Bojangles’ also is working towards franchise agreements in the Middle East. The chain currently has 381 units<br />

worldwide, with two-thirds of those being franchised and six in international locations. (Charlotte Business Journal Online<br />

6/29/07)<br />

Technology |<br />

Bojangles’ Restaurants Inc. hired Accel Networks LLC, a wireless data specialist, to speed up credit card authorization. Accel<br />

uses a dial-based software platform for broadband processing. (Nation’s Restaurant News 5/21/07 p102)<br />

Personnel |<br />

Randy Kibler, CEO<br />

John Jordan, CFO<br />

Keith Rosenthal, V.P. of Purchasing<br />

Tom Lewison, V.P. of Operations<br />

Randy Pointdexper, V.P. of Marketing<br />

Mike Bearss, Senior V.P. <strong>Menu</strong> Development<br />

Bojangles’ Restaurants Inc. hired Randy Kibler as chief executive, replacing Joe Drury. Since 2002, Kibler has worked with<br />

developers of Firehouse Restaurant Group Inc. Before that, Kibler served as senior vice president and chief operating officer<br />

of Flagstar’s Hardee’s division. The appointment follows the September acquisition of Bojangles' by an investor group led by<br />

Falfurrias Capital Partners. (Nation’s Restaurant News 10/9/07)<br />

News & Other |<br />

Bojangles’ recently rebuilt two of its restaurants to accommodate more customers. The units in Lincolnton and Statesville, NC,<br />

doubled in size to 5,000 sq. ft. Both locations reopened earlier this year. Since the stores have been rebuilt, sales have risen<br />

52%. (QSR Magazine 4/12/07 p16)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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