KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Bonchon, a globally acclaimed Korean Fried Chicken franchise, was founded in 2002 in Busan, South Korea, by Jinduk Seo. The franchise made its U.S. debut in 2006, opening its first location in New York City.
With its headquarters now in Dallas, Texas, Bonchon began franchising in 2006, bringing its distinctive Korean-style fried chicken and other Asian-inspired dishes to markets worldwide. The brand is celebrated for its signature Korean fried chicken, renowned for its crispy texture and flavorful sauces.
What sets Bonchon apart from its competitors is its commitment to traditional Korean cooking techniques and ingredients. The menu features more than just fried chicken, offering a diverse selection of pan-Asian dishes. This dedication to authenticity and quality has helped Bonchon carve out a significant niche in the fast-casual dining sector.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Bonchon offers 4 types of franchises:
We are summarizing below the main costs associated with opening a Bonchon Dine-In Restaurant franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
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117
127
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4
115
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131
Bonchon offers a thorough training program that utilizes a blend of learning methods, including online modules, classroom instruction, and hands-on training at an approved restaurant location.
Who Needs to Attend
The initial training program must be attended and successfully completed by at least two individuals: the franchisee's Operating Principal and a full-time General Manager. Additionally, one other approved employee is required to undergo this training.
Training Content
The program covers a wide range of topics, including sales techniques, product orientation, accounting procedures, food preparation, and operations management.
Location and Duration
Training is conducted at Bonchon’s designated locations, which may include their headquarters.
Training Expenses
Bonchon covers direct training costs, such as instructors and materials. However, franchisees are responsible for all indirect costs associated with training.
Franchisees will not receive exclusive territory rights and may encounter competition from other franchisees, franchisor-owned outlets, or other distribution channels and competitive brands controlled by the franchisor.
However, franchisees are assigned a specific location known as the "Restaurant Location" within a designated protected territory, referred to as the "Protected Territory". This territory is where they are authorized to operate their Bonchon Restaurant.
The Protected Territory is generally defined using a mapping system. In most cases, except for high-density population centers, it includes the area within a circle centered on the Bonchon Restaurant Location, with a radius extending outward. The precise boundaries and size of this territory are determined by the specific market area, considering factors such as population density.
