What is considered a 'High-Risk Person' for a Bonchon franchisee?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
"High-Risk Person" means any individual or entity that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, a "High-Risk Person" is defined as any individual or entity that Stripe, the payment processing service, has identified as being of particularly high risk. This determination is based on the Stripe Restricted Business List.
For a prospective Bonchon franchisee, this means that their ability to process payments through Stripe, and therefore operate their business effectively, could be impacted if they or their business are flagged as high-risk. It is important to understand the criteria Stripe uses to classify businesses as high-risk, as this could affect the franchisee's ability to conduct transactions.
Franchisees should review the Stripe Restricted Business List to ensure they do not fall under any of the listed categories. If there is any doubt, it would be prudent to discuss this with Bonchon and Stripe directly to clarify any potential issues before investing in a franchise.