Bonchon Korean Fried Chicken

The Bonchon Korean Fried Chicken franchise has the goal of spreading the joy of Korean food around the world. The franchise was founded in 2002 and began franchising in 2006. Since that time, the brand has grown to more than 308 locations across the U.S. and around the world. International locations of the brand include Vietnam, the Philippines, and Thailand. The ideal candidate for the franchise is committed to excellent customer service and quality food and have a dedication to running a business at the highest operational standards. Franchise owners have three layouts to choose from: fast causal, food court option, and a dine-in design that comes with a bar. 

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Bonchon Korean Fried Chicken

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Bonchon Korean Fried Chicken Franchise Cost and Requirements for 2022

Background

One of the benefits of living in the U.S. is the world of food options that are offered. From Italian and Mexican to Thai and Japanese, aspiring entrepreneurs can cash on in the booming international cuisine market. A great way to do that is by investing in the Bonchon Korean Fried Chicken franchise. The brand has the goal and mission of bringing quality Koran food across the U.S. and around the world. The brand was founded in 2002 by Jinduk Seo, who is from Bonchon, South Korea. He brought his passion for his hometown's cuisine to New York City in 2006. Since the brand began franchising in 2006, it has expanded to more than 380 locations across the U.S. and around the world. Outside of the U.S.,  the franchise's locations can be found in Thailand, the Philippines, and Vietnam. In terms of the its ideal candidate, the brand is looking for someone who is committed to excellent customer service and quality food and has a dedication to running a business at the highest operational standards. Franchise owners have three layouts to choose from: fast causal, food court option, and a dine-in design that comes with a bar. 
The brand also has an area developer option, which allows you to assist the franchise in finding and training prospects in your area, which you have exclusive rights to. You can expect an initial investment of $483,245-$1,187,229, as well as an initial franchise fee of $40,000. You need to have an estimated net worth of at least $700,000. 

Company Details

Founded: 2002
First franchise: 2006
Headquarters: Dallas, TX
Canada: No
International: Yes 
# of units: 380+
B2B: No
Mobile unit: No
Exclusive territory: Yes

Support and Training Offered By Bonchon Korean Fried Chicken

In terms of support and training, franchise owners can expect a three-week comprehensive training program that will consist of on-the-job and classroom instruction. You will also be provided with site selection and buildout assistance, marketing tools, and ongoing guidance throughout the entire time of the franchise agreement. 

2022 Franchise Requirements Needed to Own a Bonchon Korean Fried Chicken Franchise.

What does a Bonchon Korean Fried Chicken Franchise Cost?

Bonchon Korean Fried Chicken franchise fees for 2022:

Veterans incentive: Yes
Third-Party financing options: Yes 
Cash Requirement: $250,000
Initial Franchise Fee: $40,000
Net Worth Requirement: $700,000
Royalty Fee: 3.75-4.75%
Initial investment: $483,245-$1,187,229 

Is Bonchon Korean Fried Chicken a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Bonchon Korean Fried Chicken is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Bonchon Korean Fried Chicken a Home Based franchise?

No. Bonchon Korean Fried Chicken is not a home based franchise opportunity.

What Do Bonchon Korean Fried Chicken Franchise Owners Make?

Click here to find out how much Bonchon Korean Fried Chicken franchisees make. Bonchon Korean Fried Chicken offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Bonchon Korean Fried Chicken a Master Franchise Opportunity?

Yes. Bonchon Korean Fried Chicken is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Bonchon Korean Fried Chicken Offer a Veteran Discount?

Yes. Bonchon Korean Fried Chicken franchise does offer a veteran discount.

Is Bonchon Korean Fried Chicken Looking for Franchisees in Canada?

No. Bonchon Korean Fried Chicken franchise is not looking for Canada franchisees.

Is Bonchon Korean Fried Chicken Looking for International franchisees?

Yes. Bonchon Korean Fried Chicken franchise is looking for International franchisees.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

Bonchon Korean Fried Chicken Franchises for Sale

Click Here to inquire about existing Bonchon Korean Fried Chicken franchises for sale. We may have Bonchon Korean Fried Chicken franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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