Popeyes Louisiana Kitchen vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees
 
Popeyes Louisiana Kitchen Franchise
Bonchon Franchise
Investment $383,500 - $2,620,800$503,879 - $1,099,004
Franchise Fee $50,000$40,000
Royalty Fee 5%3.75%- 4.75%
Advertising Fee 4%-
Year Founded 19722002
Year Franchised 19762002
Term Of Agreement 20 years10 years+5+5
Term Of Agreement 20 years10 years+5+5
Renewal Fee $15000-


Business Experience Requirements
 
Popeyes Louisiana Kitchen Franchise
Bonchon Franchise
Experience --

Financing Options
 
Popeyes Louisiana Kitchen Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Popeyes Louisiana Kitchen Franchise
Bonchon Franchise
Training Classroom and in-restaurant trainingFour-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening
Support The Popeyes Business Support Center provides state-of-the-industry franchise support for our franchisees. Everything from site acceptance to training to marketing support is just a phone call away. To help with opening your restaurant, you'll receive support from the experts on our Market Development Team. Prior to opening your restaurant, you'll attend a training program at our state-of-the-art facility in Atlanta. We'll also send a team to help train the staff of your new restaurant. Once your restaurant is open, you'll be assigned a single point of contact from our Franchise Support Team who will help you choose and implement business-building programs. These programs are designed by the experts in their field to provide tools to help and support you as you work to become a successful Popeyes franchisee. Additionally, we continue to develop and implement many in-restaurant operations improvements to deliver our delicious New Orleans-style menu to our customers more efficiently than ever before. We continuously evaluate our systems, from drive-thru to back office to production and point-of-sale to provide our franchisees the best programs available to support their restaurant operations.-
Marketing --
Operations --

Expansion Plans
 
Popeyes Louisiana Kitchen Franchise
Bonchon Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Popeyes Louisiana Kitchen

Operating a successful franchise requires talent, dedication and a sincere commitment to the Popeyes brand name. Our goal as a company is and always has been to partner with the best people in each market - people with a proven track record in business. Because franchisees are so important to our success, we are looking to expand our relationship with qualified individuals who possess the right mix of expertise and enthusiasm. Our ideal candidates possess each of the following characteristics: * Solid business experience * Proven expertise in owning or operating restaurants * Previous franchise experience advantageous * Net worth of $500,000 ($250,000 liquid) per restaurant * Commitment to grow with Popeyes Louisiana Kitchen.

Seeking new franchise units in the U.S., Asia, Canada, Central America, Middle East, Mexico, South America and Western Europe


"Top  ""
#96 in Canada's Top franchises.
#4 in Franchise 500 for 2021.





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.