Does the Bonchon confidentiality agreement cover information about revenue reports?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
I specifically understand that, without limitation, the following constitute Confidential Information of Franchisor: all products, services, equipment, technologies and procedures relating to the Bonchon System; all systems of operation, services, programs, products, procedures, policies, standards, techniques, specifications and criteria which now comprise or in the future may comprise a part of the Bonchon System; Franchisor's Confidential Operating Manual (as same may be amended from time to time); Supplements and/or amendments to the Manual; records pertaining to customers or billings; methods of advertising and promotion; customers; instructional materials; staff composition and organization systems; quality assurance programs; supervision systems; recommended services; recordkeeping systems and materials; bookkeeping systems and materials; business forms; product and service order forms; general operations materials; revenue reports; standards of interior and exterior design and decor; activity schedules; job descriptions; advertising, promotional and public relations materials/campaigns/guidelines/philosophy; specifications, systems, standards, techniques, philosophies and materials, guidelines, policies and procedures concerning the Bonchon System; additions to, deletions from, and modifications and variations of the components constituting the Bonchon System or the systems and methods of operations which are now, or may in the future, be employed by Franchisor, including all standards and specifications relating thereto and the means and manner of offering and selling same; and, all other components, specifications, standards, requirements and duties imposed by Franchisor or its Affiliates.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the confidentiality agreement does cover information pertaining to revenue reports. Bonchon considers various types of information as confidential, and franchisees are prohibited from divulging this information to third parties.
Specifically, the agreement states that confidential information includes, without limitation, all systems of operation, services, programs, products, procedures, policies, standards, techniques, specifications and criteria which now comprise or in the future may comprise a part of the Bonchon System, the Confidential Operating Manual, supplements and/or amendments to the Manual, records pertaining to customers or billings, methods of advertising and promotion, customers, instructional materials, staff composition and organization systems, quality assurance programs, supervision systems, recommended services, recordkeeping systems and materials, bookkeeping systems and materials, business forms, product and service order forms, general operations materials, revenue reports, standards of interior and exterior design and decor, activity schedules, job descriptions, advertising, promotional and public relations materials/campaigns/guidelines/philosophy, specifications, systems, standards, techniques, philosophies and materials, guidelines, policies and procedures concerning the Bonchon System, additions to, deletions from, and modifications and variations of the components constituting the Bonchon System or the systems and methods of operations which are now, or may in the future, be employed by Franchisor, including all standards and specifications relating thereto and the means and manner of offering and selling same; and, all other components, specifications, standards, requirements and duties imposed by Franchisor or its Affiliates.
This means that as a Bonchon franchisee, you must treat revenue reports as confidential and not disclose them to unauthorized parties during or after the term of the franchise agreement. Failure to comply with these confidentiality obligations could result in a breach of contract and potential legal consequences.