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Bonchon Korean Fried Chicken

The Story Behind the Crunch Bonchon Korean Fried […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2002
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $202,557
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Bonchon Korean Fried Chicken Franchise: A Delicious Opportunity

The Story Behind the Crunch

Bonchon Korean Fried Chicken is all about that irresistible crunch. Founded by Jinduk Seo in 2002, Bonchon is a franchise built on the simple yet powerful idea of sharing delicious, authentic Korean fried chicken with the world. It all started in South Korea, where Jinduk perfected his unique recipes and sauces. In 2006, he brought Bonchon to the United States, opening his first restaurant in New York. Bonchon's secret? Hand-battered, double-fried chicken coated with their signature sauces - creating that legendary crunch that keeps people coming back for more.

A Growing Brand

Since those early days, Bonchon has grown into a successful franchise with over 100 locations across the U.S. and over 250 international locations. This expansion is a testament to the quality of the food, the dedication of the franchise team, and the growing popularity of Korean cuisine.

Why Choose a Bonchon Franchise?

A Proven Model

When you become a Bonchon franchisee, you're joining a proven system built on success. Bonchon offers a variety of dining experiences, from casual sit-down restaurants to sports bars and quick-service options, attracting families, corporate groups, and busy professionals. This flexibility allows you to tailor your restaurant to your community's needs.

Support and Guidance

Bonchon provides comprehensive support to its franchisees, making sure you have everything you need to succeed. This includes:

  • On-site and initial training: Get the knowledge and skills you need to run a successful Bonchon restaurant.
  • Marketing and branding resources: Benefit from Bonchon's strong brand recognition and marketing support.
  • Location setup assistance: Get help with site selection, design, and construction.
  • Detailed operations manual: Learn the ins and outs of running a Bonchon restaurant.

Commitment Required

While Bonchon offers a lot of support, it's important to understand that running a franchise requires a hands-on approach. You'll need to be actively involved in the daily operations of your restaurant. This isn't a passive investment - it's an opportunity to be a part of a growing, successful business.

Financial Considerations

To become a Bonchon franchisee, you'll need to make an initial investment that includes a franchise fee and other startup costs. You'll also be responsible for ongoing fees, such as advertising, royalty, and renewal fees. It's important to make sure you meet Bonchon's financial requirements, including their net worth and liquid capital requirements.

Ready to Explore?

Before making any commitment, take the time to research Bonchon and assess the franchise opportunity. Consider the competition in your area and if Bonchon would be a good fit for your community.

Be sure to do your due diligence, including talking to existing franchisees and asking questions of the Bonchon franchising team. A typical Bonchon franchise agreement lasts for ten years, with the possibility of renewal if you meet their requirements.

If you're passionate about food, excited by the growing popularity of Korean cuisine, and ready to work hard, becoming a Bonchon franchisee could be a delicious opportunity for you.

Support & Training offered by Bonchon Korean Fried Chicken

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Additional Information

Category Location N/A
Number of Units Open 415 (as of 2023)
Investment Range $202,557 - $1,157,172
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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