BonChon Franchise Review
Franchise Facts
Bonchon is a fast-casual service restaurant specializing in the sale of Korean style fried chicken, complimentary appetizers, side dishes, beverages and related menu items.How much does a BonChon franchise cost?
BonChon has a franchise fee of up to $40,000, with a total initial investment range of $397,600 to $862,278.- Initial Franchise Fee: $40,000
- Total Investment: $397,600 to $862,278
- Working Capital: $30,000 to $90,000
- Royalty Fee: 5%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a BonChon franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.How many franchise locations do they have?
As of the 2017 Franchise Disclosure Document, there are 67 franchised BonChon locations in the USA.Are there any BonChon franchise opportunities near me?
Based on 2017 FDD data, BonChon has franchise locations in 15 states plus DC. The largest region is the South with 35 franchise locations.CA
CT
DC
FL
GA
HI
IL
MA
MD
NC
NJ
NY
OH
PA
TX
VA
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2017
BonChon is graded based on our most recent research.
BonChon Franchise Stats
Total Investment
$397,600 - $862,278
Franchise Fee
$40,000
Franchise Agreement
Initial Term
10 Years
10 Years
Renewal Term
5 Years
5 Years
Franchisee Outlet Growth
2010
17
17
2017
67
67
Ongoing Fees
Royalty
4.8%
4.8%
Ad Fees
2.0%
2.0%
# of Franchised Outlets
12
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 156 hours. This includes 8 hours of classroom training and 148 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.| Online | 0 |
|---|---|
| On-the-Job | 148 |
| Classroom | 8 |
| Total | 156 |
Do they offer Territory Rights?
BonChon does NOT offer exclusive territories.Do they have computer and technology support in place?
Yes. BonChon offers comprehensive support for franchisees. Unlock this franchise to find out more details.When did they begin franchising?
They began franchising in 2011. The average Ethnic franchise began franchising in 2011.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Our Franchise Analysts have prepared detailed notes about BonChon, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!
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Unlocking gives you access to this and the questions below. Signing up lets you see all franchises, you get access to our entire research team and industry experts and free advice.
- What are the historical franchisee revenues?
- Do they have any lawsuits?
- Do they provide Veteran or First Responder Discounts?
- Do they provide Minority Discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Are they affiliated with any other franchise brands?
- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?