Bonchon franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.36 ↗

Franchise fees and ongoing costs

Franchise fee

$35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

5% · 5.0% of previous week's Gross Revenues, payable weekly on Tuesday; 15% while in default; incentive units pay 2.5% for first 12 months

Marketing contribution

1.5% (basis not captured; see original filing)

Technology fee

Currently none; can be instituted up to 1% of Gross Revenue, monthly

Other fees

Gift card reimbursement fee $45/month (Paytronix); System Brand Fund up to 4.0% of Gross Revenues (currently 1.5%); advertising cooperative 1%-4% of Gross Revenues when formed

Working capital (FDD Item 7)

Additional funds (initial period - 3 months): $20,000 - $60,000 for every format

Fees sourceFDD p.34 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.36 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average and median annual gross revenues by restaurant concept (plus quartile breakdown for Dine-In and Fast Casual); no profit data

Reporting period

Calendar year 2025

Sample

128 Mature Franchised Restaurants (open full 12 months in 2025) of 148 franchised open at year end: 96 Dine-In, 26 Fast Casual, 3 Remote Kitchen, 3 Delivery and Carryout Only

Reported average

$1,595,312

Reported median

$1,465,170

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.94 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

143

Year-end outlets

148

Net change

+5

Derivation

ending minus starting outlets

Openings

19

Terminations

0

Non-renewals

1

Other closures

13

Reacquisitions

0

Transfers

7

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.98 ↗

SBA loan history

Loan activity

23 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$855,250

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

16 loans

Historical charge-off share

23.53%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

4 / 17

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Bonchon franchise cost?

Dine-In Restaurant: $1,000,886 to $1,306,126; Fast Casual Restaurant: $772,536 to $1,073,926; Delivery and Carryout Only Restaurant: $588,936 to $833,376; Remote Kitchen Restaurant: $262,382 to $431,772 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $35,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.36 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Bonchon owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual gross revenues by restaurant concept (plus quartile breakdown for Dine-In and Fast Casual); no profit data. Sample: 128 Mature Franchised Restaurants (open full 12 months in 2025) of 148 franchised open at year end: 96 Dine-In, 26 Fast Casual, 3 Remote Kitchen, 3 Delivery and Carryout Only. Period: Calendar year 2025.

Item 19 performance sourceFDD p.94 ↗

What's the SBA charge-off rate for Bonchon?

23.53%; numerator / denominator: 4 / 17. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $855,250; window: FY2023-FY2026 YTD through 2026-06-30; sample: 16 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗