Quick Verdict · who it fits
Bonchon fits first-time franchise buyers looking for a mid-scale food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$263K - $1.3M
Franchise fee (Item 5)
$35K
Royalty (Item 6)
4%
Item 19 median rev
$1.1M all franchised units
System size (Item 20)
143 +20
Years in business
15+ yrs
Company-owned units
4
Item 3 litigation
2 suits
Model Bonchon's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•2 Item 3 cases
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Where units actually land — not just the headline average.
P25
$862k
Median
$1.1M
P75
$2.55M
▪ n = 123 units · all franchised units · fiscal year 2024 · Source: 2026 FDD Item 19
Drag to your projected annual sales. Royalty 4% on gross sales.
PROJECTED ANNUAL SALES$1,100,000
$100k$2M
Royalty (4%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
151
Total units open
24
Units opened last year
19 franchised, 0 company-owned in 2025 fiscal year
14
Units closed last year
13 franchised closures, 1 company-owned closure in 2025
4
Net unit growth
What our analysis flagged across the 2026 filing.
4
Risks to review
4
Strengths identified
5
Questions to ask
How Bonchon ranks against 749 Food & Beverage peers we've analyzed.
Initial investment
35th pct · of 749 peers
Franchise fee
36th pct · of 749 peers
System size
79th pct · of 749 peers
Food & Beverage industry averages
Avg investment
$589K - $1.4M
Avg franchise fee
$37K
Avg system size
261
Franchises analyzed
749
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Bonchon | Disclosed | $35K | $263K - $1.3M | 4% | 143 |
| The Halal GuysSimilar price | Disclosed | — | $418K - $1.3M | 6% | 77 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
Brand Analysis
Chipotle reported 4,186 company-operated restaurants and 15 international licensed restaurants as of June 30, 2026. None are franchised, there is no FDD, and there is nothing to apply for. Qdoba is the franchised version of the same order line, and its 12/25 FDD puts a traditional restaurant at $548,100 to $1,294,000.
Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
Brand Analysis
The Häagen-Dazs Shoppe Company franchises the ice cream shops on a $30,000 fee and a 4% royalty, with a 2026 Item 7 range of $213,329 to $591,579. The trademark belongs to a different company, and the ice cream you are required to buy comes from a third.
Bonchon requires a $35,000 initial franchise fee and a total initial investment range of $262,782–$1,312,626, per the most recent FDD on file.
Bonchon franchises are sold by Bonchon Franchise LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.
Yes. Bonchon discloses Item 19 financial performance representations with reported revenue around $1,102,120. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 4.0% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Bonchon has 143 total locations, with 20 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
No. Bonchon does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.
Per the FDD, Bonchon discloses a transfer fee of $15,000. Review Items 10 and 17 for the full renewal and termination provisions.
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