Flamer's Grill vs Bonchon Franchise Comparison

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

Start-Up Costs and Fees
 
Flamer's Grill Franchise
Bonchon Franchise
Investment $171,500 - $345,500$503,879 - $1,099,004
Franchise Fee $30,000$40,000
Royalty Fee 5%3.75%- 4.75%
Advertising Fee 2%-
Year Founded 19862002
Year Franchised 19862002
Term Of Agreement -10 years+5+5
Term Of Agreement -10 years+5+5
Renewal Fee --


Business Experience Requirements
 
Flamer's Grill Franchise
Bonchon Franchise
Experience --

Financing Options
 
Flamer's Grill Franchise
Bonchon Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Flamer's Grill 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
 
Flamer's Grill Franchise
Bonchon Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Flamer's Grill

Flamers story begins in 1987 with a single outlet in Jacksonville, Florida. Like most great success stories, we saw a consumer need and capitalized on it. That need was for high-quality, popular foods prepared fresh and fast in areas of high consumer traffic.

Research and a trip out to eat proves that the hamburger is one of the most popular food items in the entire world and has been for the last 75 years. However, most burgers offered in fast-food environments lack that signature charbroiled taste you can only get from an open flame. That taste, that quality, is the cornerstone of the Flamers offering and what sets us apart.

The next step was simple. We knew that there was a well-established marketing niche in which nothing of this kind was offered - the high-traffic shopping malls, airports, train stations, hospitals and downtown office complexes. So we combined a quality product with this ready-and-waiting market. The result is Flamers Charbroiled Hamburgers and Chicken.

Flamers' recipe for its tremendous success has been combining great food with an easy to use system and high-traffic customer locations. The final ingredient for continued success is YOU!

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.