BonChon Restaurant Franchise

By
Jack
-
10347

bonchon-logoA Korean global quick service restaurant that literally means “My Hometown” in Korean language, originated in South Korea in 2002. Mr. Jinduk She, the owner and founder of BonChon Restaurant passion and dedication to provide the food loving people the best and distinct sauces, spent his years perfecting the recipes that loyal patrons now love (globally). A few years after it opened its doors in Korea, it has penetrated the USA market and made waves in: Philadelphia, Boston, New York, and San Francisco. Since then, it has expanded all over Asia as well: Jakarta, and Singapore, Manila and Bangkok as well. Nowadays, it has more than 140 network locations in over 10 countries.

In 2010, BonChon restaurant opened in Manila and is considered one of the biggest and fastest growing Chicken chains in the country. The provinces in the Philippines that welcome BonChon wholeheartedly are: Baguio City, Cavite, Pampanga, Bulacan, Batangas, Cebu, General Santos City and Davao.

BonChon Restaurant’s Menu

  • Mouth-watering crispy fried chicken
  • Fish and Chips
  • Crispy Squid
  • Beef and Chicken Bulgogi
  • Chapchae
  • Calamari
  • Fish Taco
  • Poppers and Fries
  • Seafood Platter
  • Bulgogi Noodle Soup
  • Desserts, and Korean Beverages

BonChon Restaurant Franchise receives a huge volume of inquiries, so the company prefer applicants to go through an online application and evaluation. The forms may be downloaded from this link: http://www.bonchon.com.ph/franchise/

BonChon welcomes franchise applicants who do not have prior restaurant business experience.

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Franchise Information

  • The franchise fee is (one-time payment) $35,000 (Single Unit)
  • The on-going royalty fee is approx. 3.5%- 4.75% of the Gross Revenue.
  • Contract term is 10 years (with 2 options to renew for 5 years each)

Area Development

(Restaurant # 1-3)

  • Franchise Fee – $ 35,000
  • Royalty Fee – 3.5%- 4.75% of the Gross Revenue

(Restaurant # 4)

  • Franchise Fee – $ 30, 000
  • Royalty Fee – reduced 0%.5% of the above-mentioned rates

Master Franchise Fee

  • Per Store Franchise Fee – $ 10,000
  • Royalty Fee – 2%

BonChon Restaurant does not offer financing for the franchisees at the moment.

BonChon Restaurant Franchise Fee Inclusions

  • Initial and on-site training program
  • Right to use signage and logos
  • Site and layout assistance and approval
  • Interior design package
  • Daily Operations and Cooking manual

Opening process assistance – a supervisor will be sent by the franchisor to assist the franchisee’s training program for 5 days. The supervisor will ensure the smooth operations during the grand opening of the retail outlet.

Training Program – will take place at BonChon Restaurant’s  NYC headquarters for 4-6 weeks. The franchisee will work closely with an assigned supervisor and headquarters crew. Training fee will be included in the franchise fee. The franchisee must shoulder lodging, travel, and other personal costs.

Space minimum requirement – 2,000 SF up to 3,000 SF for a full-service dine-in restaurant. A more detailed site criteria checklist will be given before the franchisee begins the site selection.

Acquiring equipment and inventory items – a list of equipment and inventory specifications and items will be provided by the company. However, if the franchisee decides to choose their own vendors, they must ensure that the quality and specifications must be met by the franchisors standard and subjected for approval as well.

BonChon Restaurant headquarters approve only limited additional menu the franchisee chooses to add to the existing original menu selections.

BonChon Restaurant Franchise Process

  1. Submission of the franchise application. (Find the form here: http://www.bonchon.com/sub04/sub0405.php)
  2. First call.
  3. Verification of the franchisees financial asset.
  4. Franchise disclosure review.
  5. Initial meeting.
  6. Franchise signing.
  7. Package start-up.

Site Selection Process

  1. Understanding the site criteria provided by the franchisor.
  2. Location search.
  3. Evaluation and approval of selected site.

Construction and Training Process

  1. Signing of lease.
  2. Interior Designer/Architect hiring.
  3. Review and approval of layout and design.
  4. Construction begins.
  5. Initial inventory.
  6. Training program.
  7. Hiring process.

Post-Opening

  1. Advertising and Marketing Assistance
  2. Quality Assurance
  3. Expansion and Growth Assistance

Contact Details

Interested in getting a BonChon Franchise, you may inquire through the following contact details:

Website: www.bonchon.com.ph

Facebook Page: www.facebook.com/Bonchon.Chicken.Philippines

Twitter: @BonChon_PH

Instagram: instagram.com/bonchon_ph

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