WOW Cafe & Wingery vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees

 
WOW Cafe & Wingery Franchise
Bonchon Franchise
Investment $234,400 - $757,000$503,879 - $1,099,004
Franchise Fee $15,000 - $35,000$40,000
Royalty Fee 3%-8%3.75%- 4.75%
Advertising Fee t0 2%-
Year Founded 20012002
Year Franchised 20022002
Term Of Agreement -10 years+5+5
Term Of Agreement -10 years+5+5
Renewal Fee --


Business Experience Requirements

 
WOW Cafe & Wingery Franchise
Bonchon Franchise
Experience --

Financing Options

 
WOW Cafe & Wingery Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/Yes-/-

Training & Support

 
WOW Cafe & Wingery Franchise
Bonchon Franchise
Training On-The-Job Training: 14 days Classroom Training: 15 days 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 Meetings/Conventions Online Support Security/Safety Procedures Field Operations -
Marketing Co-op Advertising Ad Templates Regional Advertising -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 35 - 40

-

Expansion Plans

 
WOW Cafe & Wingery Franchise
Bonchon Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About WOW Cafe & Wingery

WOW Cafe & Wingery is a fun, casual dining, family restaurant featuring 17 proprietary sauces and dressings. We are supported by a team of Award-winning chef partners for our entire R&D. WOW Cafe & Wingery serves wraps, over-sized salads, Angus burgers on Texas toast, Southwest items including: quesadillas, fajitas, and, of course, wings, tenders and shrimp. Our unique atmosphere includes well-placed TVs for events and up-beat music. Liquor and specialty drink programs are available.

Veteran Incentives  20% off franchise fee

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.