Bojangles' Famous Chicken 'n Biscuits vs Bonchon Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Bojangles' Famous Chicken 'n Biscuits vs Bonchon including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Bojangles' Famous Chicken 'n Biscuits Franchise
Bonchon Franchise
Investment $1,519,600 - $2,512,500$503,879 - $1,099,004
Franchise Fee $25,000$40,000
Royalty Fee 4%3.75%- 4.75%
Advertising Fee 1%-
Year Founded 19772002
Year Franchised 19782002
Term Of Agreement 20 years10 years+5+5
Term Of Agreement 20 years10 years+5+5
Renewal Fee 50% of original fee-


Business Experience Requirements
 
Bojangles' Famous Chicken 'n Biscuits Franchise
Bonchon Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Bojangles' Famous Chicken 'n Biscuits Franchise
    Bonchon Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/No-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Bojangles' Famous Chicken 'n Biscuits Franchise
    Bonchon Franchise
    Training On-The-Job Training: 200-300 hours Classroom Training: 30 hoursFour-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 Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform-
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media Loyalty program/app-
    Operations Absentee Ownership Allowed Number of Employees Required to Run: 35 - 50-

    Expansion Plans
     
    Bojangles' Famous Chicken 'n Biscuits Franchise
    Bonchon Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Bojangles' Famous Chicken 'n Biscuits

    Founded by Jack Faulk and Richard Thomas in 1977, Bojangle's serves Cajun-style chicken, buttermilk biscuits and other favorites to customers throughout the southeastern United States.

    Today the Charlotte, North Carolina-based company, which also has restaurants in Honduras and Jamaica, offers a menu that includes chicken, biscuits, rice, french fries and sandwiches. Bojangle's locations also serve breakfast.

    The total investment necessary to begin operation of a Bojangles’ Restaurant ranges from $1,519,600 to $2,512,500 for a traditional, free-standing Bojangles’ Restaurant and from $414,155 to $1,284,700 for a Bojangles’ Express® Restaurant developed as part of another retail operation. This includes $25,000 for each traditional Bojangles’ Restaurant and $15,000 for each Bojangles’ Express Restaurant that must be paid to the franchisor.
    If you sign a Development Agreement to develop multiple Bojangles’ Restaurants you must pay a development fee in the amount of $5,000 for each Restaurant that you commit to develop, which will be credited against the franchise fee that you pay for each Restaurant that you develop. The franchisor individually negotiates the number of Restaurants that you may develop under each Development Agreement. These estimates do not include the cost of acquiring real estate.


    ""   "Entrepreneur

    #49 in Franchise 500 for 2020.
    #106 in Franchise 500 for 2021.




    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.