Buffalo's Southwest Cafe vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees

 
Buffalo's Southwest Cafe 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 2%-
Year Founded 19852002
Year Franchised 19892002
Term Of Agreement -10 years+5+5
Term Of Agreement -10 years+5+5
Renewal Fee --


Business Experience Requirements

 
Buffalo's Southwest Cafe Franchise
Bonchon Franchise
Experience
  • Buffalo's requires a minimum net worth of $1,500,000 (excluding automobiles, furnishings and personal residences), with a minimum of $500,000 in liquid assets. Liquid assets are defined as those which can be converted to cash within thirty (30 days).
  • The cost of establishing a Buffalo's restaurant will vary according to the size of the facility, relative land issues and the extent of necessary leasehold improvements. Twenty-five percent of the total cost must be funded from personal resources. The remainder may be funded through traditional financial institutions or our approved lending sources.
-

Financing Options

 
Buffalo's Southwest Cafe Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Buffalo's Southwest Cafe Franchise
Bonchon Franchise
Training Proper training is absolutely essential for maintaining the consistency and integrity of the Buffalo's operation. To that end, we set rigorous standards for staff development. Franchisees will receive a detailed and comprehensive curriculum on operating their Buffalo's business. Every franchisee receives a set of Buffalo's manuals containing the entire training program. These can be kept on hand for reference to direct their daily operations. They provide quick and convenient information -- answering franchisee's questions regarding all operating procedures. Before a Franchisee can open their first Buffalo’s Cafe restaurant, the proposed primary operators of the restaurant will attend the Buffalo’s Cafe training course for 4-6 weeks. A Principal Owner will also participate in a 2 week Executive Training program. The franchisee is responsible for all costs incurred including travel and lodging of the management teamFour-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening
Support When a franchisee joins the Buffalo's Cafe family they benefit from the experience of a professional management team and a well-thought-out plan to help get their store(s) up and running quickly. When a franchisee joins the Buffalo's Cafe family, they receive support from an organization committed to success.-
Marketing Following the development of a new site, the Buffalo's Cafe New Store Opening Guide and marketing department will assist a franchisee in planning their store opening. Franchisee's can rest assured that the Buffalo's team will be there to make sure the opening is a successful one. A handy Local Store Marketing Guide full of great promotional ideas and instructions for building store traffic is also available to franchisees.-
Operations Each franchisee is assigned a Buffalo's Cafe Franchise Consultant. The Buffalo's Cafe Franchise Consultants are available at all times to support franchisees, assure consistency of the Buffalo's Cafe brand and to assist franchisees in all areas of operations including financial analysis, marketing promotions and vendor selection.-

Expansion Plans

 
Buffalo's Southwest Cafe Franchise
Bonchon Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Buffalo's Southwest Cafe

Our first restaurant opened its doors in 1985 in Roswell, Georgia. Since then, we’ve grown to over 25 Buffalo’s Cafe restaurants around the world (with plenty more coming soon to a city near you). Revered by our fans for our world-famous buffalo-style chicken wings and sauces - Buffalo’s Cafe is committed to serving the highest quality, fresh never frozen, buffalo-style chicken wings and sauces in a family-friendly environment with an exceptional guest experience. Most importantly, all you really need to know "About Us” are these two things: Wings and Family. Why are these so important to us? Because that’s what our fans want and that’s what we care about - making our fans happy.
For qualified individuals, Buffalo's Southwest Cafe can be a great opportunity for single or multi-unit operators.



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.