Hurricane Grill & Wings vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees

 
Hurricane Grill & Wings Franchise
Bonchon Franchise
Investment $491,500 - $1,464,000$503,879 - $1,099,004
Franchise Fee $50,000$40,000
Royalty Fee 6%3.75%- 4.75%
Advertising Fee 4%-
Year Founded 19952002
Year Franchised 20062002
Term Of Agreement 10 years+5+510 years+5+5
Term Of Agreement 10 years+5+510 years+5+5
Renewal Fee --


Business Experience Requirements

 
Hurricane Grill & Wings Franchise
Bonchon Franchise
Experience Our ideal candidate is someone who wants to run the best restaurant and really be a part of the local community. * The ability to build revenues through building and operating stores effectively. * A strong desire to succeed by building an organization that delivers exceptional customer service. * The ability to effectively recruit, train, motivate and retain people. * The ability to manage finances and keep controllables in line for maximum profitability. * A minimum of $300,000 liquid assets and $500,000 net worth * A minimum of two years of food experience is preferred. -

Financing Options

 
Hurricane Grill & Wings Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Hurricane Grill & Wings Franchise
Bonchon Franchise
Training During your four weeks of training, we will show you how to control food and labor costs using proven systems and procedures that will maximize your investment. On-The-Job Training: 75 hours Classroom Training: 24 hours Four-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates Regional Advertising Social media Email marketing -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 55

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Expansion Plans

 
Hurricane Grill & Wings Franchise
Bonchon Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Hurricane Grill & Wings

Return on investment is the core of our business model. Our team will help you locate and evaluate superior inline and end cap locations based on population, demographics, traffic counts and other pertinent data in order to minimize the initial investment. Our flexible floorplans allow for a wide range of restaurant sizes from 2500 to 4500 square feet or larger, and we will consider retail and restaurant space. Simple operation is core to our concept. We only require three major pieces of equipment in the kitchen. Because we are focused on return on investment, we may allow the use of second generation restaurant equipment to outfit their kitchens. While this equipment must meet our specifications and be fully operational, this greatly reduces the initial kitchen equipment cost. During your four weeks of training, we will show you how to control food and labor costs using proven systems and procedures that will maximize your investment.

 The Hurricane advantage is simplicity. It is the foundation of everything we do. It is a clear expression of our intentions and our culture: how we look at, manage and plan the business. We are always looking for ways to take the complexity out of the business, with a focus on being the best place to eat in town. We have proven products and a guest experience that will make you proud to own and operate the next Hurricane Grill & Wings! We know what works and what doesn't, so we can help you accelerate your knowledge base and move your business forward quickly. Each location is built upon the principles that have made our stores successful: friendly, hardworking people serving simple, high-quality food, made surprisingly fast at a reasonable price. Add to that our wonderfully designed stores, unique decor and relaxing atmosphere and you begin to see what makes the Hurricane experience so special. We want to ensure that our customers receive the best products in the same tradition that Hurricane has established and is known for.

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.