Cluck-u Chicken vs Bonchon Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cluck-u Chicken vs Bonchon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$125,000 - $225,000 | $503,879 - $1,099,004 |
Franchise Fee |
$25,000 | $40,000 |
Royalty Fee |
- | 3.75%- 4.75% |
Advertising Fee |
- | - |
Year Founded |
- | 2002 |
Year Franchised |
- | 2002 |
Term Of Agreement |
- | 10 years+5+5 |
Term Of Agreement |
- | 10 years+5+5 |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | Four-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Cluck-u Chicken
Cluck-U Chicken known under Cluck-U or Cluckster's is a concept that began in 1985 in New Brunswick, New Jersey when a
college student decided that his campus needed more than just pizza and
burgers, and set out to create "The Best Buffalo Winger in the world"® available. The unique recipes and sauces that were developed created a
devoted following for food made from only the finest ingredients,
including fresh chicken. "Fresh Food Grilled or Fried, U decide"®
Cluck-U, Corp. is looking for suitable candidates for franchise ownership. We seek highly motivated individuals with the resources, experience and ability to operate and personally manage a high volume restaurant. While it is no guarantee of success, we believe that individuals with proven management experience, who are committed to hard work and have sufficient financial resources are most likely to excel in this demanding environment.
A minimum net worth of $240,000 is required for each Franchise to be opened. 40 % of the minimum net worth must be cash or liquid assets.
About Bonchon
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.