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Bojangles signs multi-unit development agreement for Las Vegas

Bojangles has approximately 800 systemwide restaurants in 15 states. (Photo: Bojangles)
Bojangles has approximately 800 systemwide restaurants in 15 states. (Photo: Bojangles)

Bojangles is continuing its Westward expansion.

The quick-serve restaurant chain has added 30 new locations to its development pipeline, including the signing of a multi-unit  agreement to bring 20 new restaurants to Las Vegas, as well as the development of restaurants within 10 TravelCenters of America franchise locations across Western markets. 

The expansion will be led by TravelCenters of America franchisee, LVP Restaurant Group, an entity of LV Petroleum, and its investment partner, Kingsbarn Realty Capital as the developer. The two entities have cultivated a highly experienced team of quick-service restaurant operators and real estate professionals to further propel Bojangles’ growth in a key market, according to the release announcing the news.

“This expansion represents an incredible opportunity to share Bojangles with the Las Vegas community,” said Jose Armario, CEO of Bojangles. “We identified the ideal partners in LVP Restaurant Group, LLC, and Kingsbarn Realty Capital, who provide local industry knowledge and an authentic passion for Bojangles.”

Kingsbarn Realty Capital provides institutional and accredited investors access to an array of alternative real estate investments in the Las Vegas area. In partnership with LVP Restaurant Group, Kingsbarn will work to identify and acquire properties suitable for the new Bojangles developments. The firm has over $1.95 billion of assets under management, a $2 billion development pipeline, and has acquired over 270 properties within the U.S.

Last month, Bojangles announced the launch of its expansion strategy, including a streamlined menu, new building design and new staffing model. The strategy was developed to simplify operations and enhance the guest experience. The brand has implemented this new strategy within seven restaurants. 

Bojangles has approximately 800 systemwide restaurants in 15 states. 

 

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