Wing Zone vs Bonchon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wing Zone vs Bonchon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Wing Zone Franchise
Bonchon Franchise
Investment $342,800 - $566,000$503,879 - $1,099,004
Franchise Fee $30,000 - $40,000$40,000
Royalty Fee 5%3.75%- 4.75%
Advertising Fee 2%-
Year Founded 19912002
Year Franchised 19992002
Term Of Agreement 10 years10 years+5+5
Term Of Agreement 10 years10 years+5+5
Renewal Fee $10K-


Business Experience Requirements
 
Wing Zone Franchise
Bonchon Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Wing Zone Franchise
    Bonchon Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Wing Zone Franchise
    Bonchon Franchise
    Training Wing Zone University, our training program consists of three (3) weeks of classroom and on-site training Our program consists of everything you need to know to open and successfully operate a Wing Zone, including: Recipes and Food-Prep Procedures Quality and Service Standards Guest Promise Inventory Procedures Food Safety Best Hiring Practices Local Store Marketing Digital and Social Media Online Review Management (Yelp, Google, Facebook) Grand Opening Plan Four-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives From the moment, you sign the Franchise Agreement to the day you open and beyond we’ll help and guide you with site selection, lease negotiations, finding and hiring the right contractor, store design and construction as well the training on how to open, hire the right people and operate your Wing Zone.-
    Marketing Ad slicks, National media, Regional advertising-
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Wing Zone Franchise
    Bonchon Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Wing Zone

    Join Wing Zone!
    Here's your opportunity to join WingZone, one of the nation's fastest-growing takeout/delivery chains. The Wing Zone concept was launched in 1991 in the most unlikely setting, a fraternity house kitchen. Despite Wing Zone's humble birth, the core idea targeted a pressing need in the marketplace: to serve high-quality, cooked to order food, available for takeout, delivery and dine-in. Today, this simple idea has become one of the hottest franchise opportunities around, having grown to nearly 100 restaurants.
     Matt Friedman and Adam Scott conceived Wing Zone while at the University of Florida due to a dilemma they faced - there was no alternative to pizza delivery for students studying late or suffering from the late night hunger. To fill this void, Matt and Adam developed the Wing Zone concept and quickly expanded it into a great business opportunity. The Wing Zone menu has grown over the years beyond just buffalo wings. It now includes chicken fingers, buffalo shrimp, half-pound burgers, chicken sandwiches and fresh salads. A key ingredient to Wing Zone's success is unchanged - its 25 signature sauces. While Wing Zone is proud of its past, the company is focused on the future. Wing Zone is currently seeking franchise partners to help make Wing Zone the leading franchise opportunity with single, multi-unit, and area development opportunities available in many areas across the nation.

    About Bonchon

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    Bonchon Chicken is a global restaurant chain best known for its crunchy double-fried chicken, savory signature sauces, and unique pan-Asian menu.
    Founded in 2002 in South Korea, “Bonchon” means “my hometown” in Korean and represents the company’s mission and commitment to authentic, traditional ingredients and cooking techniques, ensuring the highest level of quality, flavor, and care with each dish.
    It is for these reasons, Bonchon was recognized by Business Insider in 2019 as “the gold standard for fried chicken,” beating out five major restaurant chains for “best chicken wings.” Bonchon was also recently named as a top-10 innovative restaurant in Fast Casual’s 2020 Top 100 Movers & Shakers,
    further solidifying Bonchon’s position as a leader within the industry.
    Today, Bonchon has over 340 locations worldwide, including more than 100 restaurants and franchise outposts across the United States.
    • Traditional sit-down: Restaurants provide a friendly, casual dining experience perfect for gathering with family or friends
    • Quick service / Fast Casual: Restaurants serve Bonchon to customers looking for express-style dining and to-go orders
    • Food Court Concept: Restaurants are streamlined and designed primarily for shopping malls and food courts
    The total investment necessary to begin operation of one Bonchon Business is from $503,879 to $1,099,004 (not including real property), including $55,754 that must be paid to the franchisor or its affiliate.
    The total investment necessary to begin operation as a franchisee under an Area Development Agreement is from $32,000 to $105,000 (assuming, for the low end of the range, 3 and, for the high end of the range, 10 Businesses, although this is not a maximum), including $30,000 to $100,000 that must be paid to the franchisor or its affiliate.

    #277 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.