Dick's Wings vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees
 
Dick's Wings Franchise
Bonchon Franchise
Investment $229,500 - $772,500$503,879 - $1,099,004
Franchise Fee $35,000$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
 
Dick's Wings Franchise
Bonchon Franchise
Experience --

Financing Options
 
Dick's Wings Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Dick's Wings Franchise
Bonchon Franchise
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
 
Dick's Wings Franchise
Bonchon Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Dick's Wings

Dick's Wings & Grill has become one of the fastest growing franchises in North Florida along with America's appetite for comfortable family dining. With the down-home sporty NASCAR theme, Dick's Wings & Grill is the personification of a place where people can sit back, relax and make themselves at home. We are the perfect pit stop where people can meet to talk about the day's events over a cold drink and delicious food while enjoying a relaxing time. Since our atmosphere is casual, larger groups can also celebrate birthdays, office parties, special occasions or just hangout.
*Offering quality and variety. Though our wing sauce is hard to beat, our outstanding food doesn't stop there. From salads to 1/2 pound burgers, kid's menu to veggie burgers, we try to provide something equally delicious for everyone. In addition to teas & sodas we offer beer & wine, but decided to skip the full bar due to our family-oriented theme.
*Providing fun, courteous service. This is a staff priority. They sincerely believe their responsibility is to do whatever they can to make their guests' dining stay enjoyable, ensuring their return.
*Why I choose to be a Franchise Partner with Dick's Wings & Grill  - Because Dick's Wings & Grill values franchisees as business partners. We are dedicated to providing initial and ongoing support with all the key ingredients ensuring franchise success. This includes site location, restaurant design, grand opening preparations, management training, marketing and advertising.
*What makes Dick's Wings & Grill stand out from other opportunities? We thoroughly research each new market we enter and are willing to adapt to new surroundings. Our goal is to create an eatery where our guests feel at home. Though we are dynamic in our thinking, as a franchise we realize image, food quality and service must be consistent throughout all restaurants. Through experience, we know when to be flexible and when to stick to the formula.
*What makes a Dick's Wings & Grill so successful? Good organization Proven management plans Teamwork between management & staff Empowered staff that has fun on the job Quality food and consistent service
*Inviting family atmosphere
*Continuous franchise support

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.