Yesterday, Bojangles announced a multi-unit development agreement to bring 20 new restaurants to Las Vegas and add 10 new restaurants at TravelCenters of America franchise locations across Western markets. The expansion will be led by TravelCenters of America franchisee, LVP Restaurant Group, LLC, an entity of LV Petroleum, and its investment partner, Kingsbarn Realty Capital as the developer.
Founded by Lissette Amiel, LV Petroleum’s executive team has over 30 years of experience in the quick-service restaurant (QSR) industry. Jeanette Davis, the group’s vice president of food and franchise brands, will lead the construction and development of the new Bojangles restaurants in Las Vegas.
Its development partner, Kingsbarn Realty Capital, will work to identify and acquire properties suitable for the new Bojangles developments. Founded by Jeff Pori, Kingsbarn 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 brand has implemented this new strategy within seven restaurants in other states.
“This expansion represents an incredible opportunity to share Bojangles with the Las Vegas community. The city's energy and unparalleled entertainment aligns with our brand’s commitment to delivering unforgettable experiences,” said Jose Armario, chief executive officer 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. We are looking forward to serving our legendary chicken, biscuits and tea, for both Las Vegas locals and visitors alike.”
