In-N-Out of chicken searches for a $1.5 billion buyer as sales spike 9%
READ MORE: Family-favorite fried chicken chain quietly changes their menu A popular fried chicken chain is exploring the idea of selling its business following last year's 9 percent spike in chicken sales across US restaurants. Bojangles, one of the most iconic brands in the Carolinas, is working with investment bankers to potentially sell itself for over $1.5 billion, about three times what it sold for in a 2019 buyout. Private equity firms and other restaurant operators are expected to be interested if Bojangles is up for sale, according to The Wall Street Journal . As of now, the chicken chain has not confirmed whether it will go on the market. The 48-year-old business has rapidly expanded since opening its first restaurant in North Carolina in 1977. Known for its Cajun-spiced chicken and homemade buttermilk biscuits, it now has over 800 restaurants worldwide. Bojangles recently opened its first location in Las Vegas and is set to open s...