factual

What is the deadline for opening a Bonchon Dine-In, Fast Casual, or Delivery and Carryout Only Restaurant after signing the Franchise Agreement?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

You must open your Dine-In, Fast Casual or Delivery and Carryout Only Restaurant within 300 days after we sign your Franchise Agreement. If you will be operating a Remote Kitchen Restaurant, then you must open your Remote Kitchen Restaurant within 210 days after we sign your Franchise Agreement. We estimate that the typical length of time between the signing of the Franchise Agreement and the opening of your Bonchon Business is 180-300 days. Factors affecting time include obtaining all required state, local and other required government certifications, permits and licenses, procuring required insurance, attendance at and satisfactory completion of our Initial Training Program and/or Partner Training Program, obtaining a satisfactory Restaurant site, arranging for any financing, complying with local ordinances, completing delivery and installation of equipment and signs and procuring opening inventory. In addition, before you may open your Restaurant, you must (i) submit a request to us to open you Restaurant and provide us with notice of your actual opening date and (ii) pass a pre-opening inspection that we will conduct during our pre-opening on-site training.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 45–60)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, a franchisee must open their Dine-In, Fast Casual, or Delivery and Carryout Only Restaurant within 300 days after signing the Franchise Agreement with Bonchon. This timeframe is longer for these restaurant types compared to the 210-day deadline for Remote Kitchen Restaurants, reflecting the potentially more complex setup and operational requirements of the former. Bonchon estimates the typical time to open a Bonchon Business to be between 180 and 300 days.

Several factors can influence the time it takes to open a Bonchon restaurant. These include obtaining necessary state, local, and governmental certifications, permits, and licenses, as well as securing required insurance. Attendance at and satisfactory completion of Bonchon's Initial Training Program or Partner Training Program is also a factor. Furthermore, the process involves finding a suitable restaurant site, arranging financing, complying with local ordinances, and completing the delivery and installation of equipment and signs, in addition to procuring opening inventory.

Before a Bonchon franchisee can open their restaurant, they must fulfill specific obligations. They need to submit a request to Bonchon to open the restaurant, providing notice of the actual opening date. Additionally, the restaurant must pass a pre-opening inspection conducted by Bonchon during their pre-opening on-site training. Meeting these requirements is essential for ensuring that the restaurant is ready to operate according to Bonchon's standards and procedures.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.