Bonchon Franchise

Chicken




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.






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Please Note: The operators of Bonchon, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Bonchon website.

How much does it cost to open a Bonchon Franchise?

The investment required to open a Bonchon Franchise is between $503,879-$1,099,004. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Bonchon name.

Individual Unit Costs

  • Initial Investment:
    $503,879-$1,099,004
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    3.75%- 4.75%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    10 years+5+5


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When did the first Bonchon open? 2002
When did Bonchon start Franchising? 2002

United States: Nationwide

International: Worldwide

Training
Four-week initial training at our headquarters in New York City and an intensive 5 days on-site training during the store opening

To calculate how much income a franchise owner can do at Bonchon Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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Legal Disclaimer: This information is not a franchise offering for Bonchon and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Bonchon franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Bonchon


325 Fifth Avenue.
New York, NY
10016

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