IT’S BO’ TIME IN ST. JOHNS COUNTY
PRIME REALTY’S ASSOCIATE DIRECTORS CLOSE FIRST DEAL IN NORTHEAST FLORIDA WITH FRANCHISEE BO SCALLIONS, LLC
JACKSONVILLE, FL - Karen Hong and Eric Yi of Prime Realty are proud to welcome Northeast Florida’s newest Bojangles’ restaurant location in St. Augustine. Karen and Eric worked hand-in-hand with the Northeast Florida franchisee, Bo Scallions, LLC throughout the entire site selection and transaction process for the 1.06 AC property. Their market knowledge paired with Bojangles’ stringent site criteria, determined the site was a perfect fit for a new store. The purchased site is in the path of more development and is located on SR-16, which serves as a main corridor to historic St. Augustine and St. Augustine Beach. Bo Scallions, LLC is excited for their first location in Northeast Florida and are actively seeking additional sites in the market. The new Bojangles’ location is aiming to open in fall of 2018.
"It has been a pleasure working with Karen and Eric," said Thad Joiner, President of Bo Scallions, LLC. "They've worked extremely hard to get us to this point as there were numerous obstacles we had to overcome on this first deal. They have continued to work diligently as we look to expand our footprint in the Jacksonville market."
Address: 108 Old Town Pkwy, St. Augustine FL 32084 (frontage on SR-16)
Size: 1.06 AC
Type of Deal: Purchase
Buyer: Bo Scallions, LLC | Based out of Atlanta, GA
Property Type: Land
Intended Use: Bojangles’ Famous Chicken n’ Biscuits
60 New Hires
Bojangles’: Over 600 Locations Nationwide
Fun Fact: Every $1 spent in a restaurant creates $2 generated in other companies