Bonchon Franchise LLC

Thinking of investing in a Bonchon Franchise LLC franchise? We think it’s a great opportunity for anyone looking to open a business with an experienced franchisor behind them. Founded in 2002, Bonchon Franchise LLC specializes in Korean fried chicken. As a Chicken franchise, Bonchon Franchise LLC has grown to include over 347 (as of 2020) units since they began franchising in 2010 (11 years). It costs an estimated $503,879 – $1,099,004 to open a Bonchon Franchise LLC franchise.

About Bonchon Franchise LLC

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 South Korea in 2002, the word “Bonchon” means “my hometown” in Korean and represents the company’s mission to be a constantly reliable source of familiarity and comfort for our customers by serving up a delicious, premium food experience wherever they are. We are committed to authentic, traditional ingredients and cooking techniques, ensuring the highest level of flavor and care with each dish.

For these reasons, Bonchon was recognized by Business Insider in 2019 as “the gold standard for fried chicken,” beating out five major restaurant chains as having the “best chicken wings.” Bonchon was also recently named as a top-10 innovative restaurant in Fast Casual’s 2020 Top 100 Movers & Shakers, as well as Nation’s Restaurant News’ Top 10 Growing Restaurant Chains To Watch, further solidifying its position as a leader within the industry.

Bonchon’s amazing experiences make for unforgettable moments. Every handcrafted piece of Bonchon chicken starts with your experience. Each bite makes you want to shout from the rooftops and tell the world about the amazing sights, smells, sounds, and tastes you are experiencing. Your sticky fingers race across your phone to take a photo and share it with the world, and then your Bonchon experience begins again as you bring in your best friends and your most trusted family to try a taste sensation like no other.

Today, Bonchon has over 340 locations worldwide, including more than 100 restaurants and franchise outposts across the United States offering both traditional sit-down dining as well as convenient take-out service.

Company Founded

2002

Current Leadership

Flynn Dekker, CEO

Started Franchising

2010 (11 years)

Total Number of Units

347 (as of 2020)

Part-Time / Full-Time

Full Time

How Much Does It Cost To Open A Bonchon Franchise LLC Franchise?

There are several costs associated with opening a Bonchon Franchise LLC franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Some franchises may have a weekly fee that the franchisee pays for operating a Bonchon Franchise LLC franchise. The weekly fee for opening a Bonchon Franchise LLC franchise is not specified.

The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Bonchon Franchise LLC Is Renewable) and does the franchise offer financing support (Bonchon Franchise LLC Bonchon Franchise LLC offers no financial support).

Bonchon Franchise LLC Company Details

Here are some additional details about Bonchon Franchise LLC.

Initial Investment	$40,000
Net Worth Requirement	$700,000 - $1,500,000
Royalty Fee	3.75-4.75%
Ad Royalty	1%
Cash Requirement	$350,000 - $700,000
Term of Agreement	10 years
Absentee Ownership	No
Run from Home	No
Part Time	No

Training and Support Offered By Bonchon Franchise LLC

Bonchon Franchise LLC offers several support options to its franchisees. With 347 (as of 2020) units, Bonchon Franchise LLC aims to provide support to each franchise owner to help them operate a successful franchise location. Bonchon Franchise LLC offers 148 hours on the job training, 7 hours classroom training, and No additional training.

Training and Support Offered

Here are the support options offered by Bonchon Franchise LLC.

On-The-Job Training	148 hours
Classroom Training	7 hours
Additional Training	No
Ongoing Support	Newsletter Grand Opening Online Support Security & Safety Procedures Field Operations Site Selection
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Is Bonchon Franchise LLC Right For You?

Bonchon Franchise LLC has gone digital! Here are all of the ways you can find Bonchon Franchise LLC online. Oftentimes, you can reach out to current franchisees of Bonchon Franchise LLC online. Current franchisees may be able to offer personalized insights into what it is like owning a Bonchon Franchise LLC franchise and offer tips to running a successful Bonchon Franchise LLC franchise location.

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Why Should You Start a Bonchon Franchise LLC Franchise?

Investing in a Food franchise such as Bonchon Franchise LLC can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Bonchon Franchise LLC franchise and we'll be in touch soon!

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