Bojangles reportedly considering $1.5 billion sale

Bojangles, which originated in Charlotte in 1977, has since expanded to about 800 locations across 17 states.

Bojangles Famous Chicken n Biscuits in Muhlenberg Township . Photo by Lauren A. Little 9/27/2018 — Source: MediaNews Group/Reading Eagle via Getty Images / Getty

Charlotte-based fast food chain Bojangles is reportedly up for sale, with a potential price tag of over $1.5 billion, according to the Wall Street Journal.

The chain, known for its chicken and biscuits, was sold to The Jordan Company & Durational Capital Management in 2019 for a fraction of the current estimated value.

Sources told the WSJ it’s also possible that the company will decide not to sell at all. Bojangles hasn’t issued any comments on the matter at this time.

Bojangles, which originated in Charlotte in 1977, has since expanded to about 800 locations across 17 states.