FAQs

1.
What are the terms of the franchise agreement?
The franchise fee is a one-time payment of $40,000. The ongoing royalty fee will range from 3.5%- 4.75% of your Gross Revenue. The term of the contract is 10 years with 2 options to renew for 5 years each.
2.
What does the franchise fee cover?
The franchise fee earns you initial and on-site training, the right to use our signage and logos, site and layout assistance and approval, and interior design package, as well as a cooking manual and operations manual.
3.
What does initial training involve?
Training will take place at our NYC headquarters and flagship store for 3-weeks. You will work closely with a designated supervisor and headquarters staff. The training fee is included in the franchise fee. You will be responsible for lodging, travel, and other personal costs.
4.
Does Bonchon offer financing?
Although we do not offer any financing assistance, Bonchon is an SBA-approved franchisor. This will ease the effort of securing your loan.
5.
What are the site requirements?
For a full-service dine-in restaurant, we recommend a space around 2,000 SF up to 3,000 SF. We will provide you with a more detailed site criteria checklist before you begin your site selection.
6.
Will Bonchon assist in site selection?
We provide you with the site criteria which you will base your site selection on, and introduce you our real estate partnerships if assistance is needed. After you have a list of acceptable spaces, we will accompany you to perform site review and approval.
7.
What is the franchising process like and how long will it take to open a store?
Please refer to to learn how to become a franchisee. The length of time required to a store depends on many different factors, such as construction and training.
8.
How much will I make?
In Item 19 of our FDD, you find some financial performance representations and a list of our current franchisees. You are encouraged to use these as resources to do your own research to determine the potential performance of your restaurant.
9.
Who will build my restaurant?
You will be responsible for the construction of your restaurant. However, we will assist you throughout the construction process with layouts and designs.
10.
How do I acquire equipment and inventory items?
We will provide you with a list of equipment and inventory items and specifications. You may choose your own vendors, but their products and service must meet our specifications and earn our approval. A few items you will purchase directly from us – we will provide you with a separate list of these items.
11.
What kind of support does Bonchon offer for grand opening?
What kind of support does Bonchon offer for grand opening? We will send one of our supervisors to provide you with on-site training for 5-days around the opening date of your restaurant. They will be there to make sure your restaurant is set up and prepared to operate and will help you get it running.
12.
Do you have a quality assurance program?
We conduct quality assurance by sending one of our supervisors to your restaurant a few times a year. They may arrive unannounced and spend the day observing your operations. At the end of the observation the supervisor will submit a report to headquarters. We will use this report to provide you with constructive feedback.
13.
What proprietary items am I required to purchase from Bonchon?
You are required to purchase our sauce, packaging materials, uniforms and a few cooking tools from us.
14.
How do I franchise outside of the United States?
At this time, we are offering the Master Franchise for undeveloped international territories. As a master franchisee, you will have the exclusive rights to franchise and sub-franchise in designated territories within the country.
15.
How do I get a copy of your Franchise Disclosure Document?
You will receive an FDD after your first conversation with us following the submission of a complete application.
16.
Do you provide territorial protection?
Territorial protection is offered to Area Development franchisees only, where they get exclusive rights to a certain territory. We do not specifically define territories, but consider every site on a case by case basis instead.

NEW YORK REQUIRED NOTICE

This advertisement is not an offering. An offering can only be made a prospectus first filed with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.

CALIFORNIA REQUIRED NOTICE

These franchises have been registered under the Franchise Investment Law of the State of California. Such registration does not constitute approval, recommendation or endorsement by the Commissioner of Business Oversight that the information provided herein is true, complete and not misleading.

THIS IS NOT A FRANCHISE OFFER. A FRANCHISE OFFER IS MADE ONLY UPON DELIVERY OF OUR FRANCHISE DISCLOSURE DOCUMENT. NO FRANCHISE OFFER IS DIRECTED TO ANY RESIDENT OF A STATE REQUIRING FRANCHISE REGISTRATION OR AN EXEMPTION THEREFROM, AND NO FRANCHISE MAY BE SOLD IN ANY SUCH STATE, UNTIL THE FRANCHISOR OBTAINS AN EFFECTIVE REGISTRATION IN THAT STATE OR QUALIFIES FOR AN EXEMPTION THEREFROM.

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