Houston Restaurants vs Bonchon Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Houston Restaurants vs Bonchon including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,350,000 | $503,879 - $1,099,004 |
Franchise Fee |
$50,000 | $40,000 |
Royalty Fee |
- | 3.75%- 4.75% |
Advertising Fee |
- | - |
Year Founded |
1998 | 2002 |
Year Franchised |
1999 | 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 Houston Restaurants
Specializing in grilled steaks, ribs and meats of all kinds, HOUSTON restaurants have the mission to serve superior quality food at affordable prices in a highly courteous manner. Every location also has an attractive and trendy bar with a friendly atmosphere that makes it the meeting place par excellence. Customer attention is the key element of the concept in every aspect of the business.
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.