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Updated RecentlyBonchon vs Fried Chicken Master Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bonchon vs Fried Chicken Master including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $503,879 - $1,099,004 | $399,000 - $513,000 |
| Franchise Fee | $40,000 | $220,000 |
| Royalty Fee | 3.75%- 4.75% | - |
| Advertising Fee | - | - |
| Year Founded | 2002 | 2019 |
| Year Franchised | 2002 | 2019 |
| Term Of Agreement | 10 years+5+5 | - |
| Term Of Agreement | 10 years+5+5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
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 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.
About Fried Chicken Master
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Taiwan's
first Halal fried chicken is in Malaysia. Our professional ways of
cutting and seasoning the chicken have delivered a product that is
crispy in the skin, tender in the meat, and flavorful in the bone--a
classical Taiwanese taste.
As a Fried Chicken Master franchisee, you will operate a retail food
establishment that sells items from a proprietary menu featuring
specialty and proprietary crispy fried chicken, appetizers and other
consumable food items prepared in accordance with proprietary recipes
and using proprietary rubs, sauces, spices, and preparation techniques
and other authorized goods and services, at or delivered from the Store
freshly prepared and available for carry-out or consumption on the
premises.
The initial investment necessary to begin operation of a Fried Chicken Master franchised business ranges from $399,000 to $513,000 ($179,000 to $293,000 to build out your first store and a development fee and performance bond of $220,000 required under the Area Development Agreement). This includes $287,500 to $305,000 that must be paid to the franchisor or its affiliates.