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What is the estimated range for construction and leasehold improvements expenses for a Bonchon franchise?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

truct and outfit your Bonchon Restaurant.

The estimates are based on our prototypical layouts of Restaurants constructed in Dallas, Texas. These figures are indicative of standard pricing in or near Dallas, Texas. The low end of our estimate assumes that you have leased space that previously operated as a restaurant and that you will convert to a Bonchon Restaurant making use of existing mechanical, electrical, and plumbing infrastructure, existing restrooms, kitchen flooring, wall coverings/finishes, light fixtures, kitchen plumbing fixtures, and walk-in cooler and freezer as per our prototypical layout. The high end of our estimate assumes you have obtained a site in the "vanilla box" stage for a restaurant, which refers to the interior condition of either a new or existing building or suite that has been prepped with heating/cooling with delivery systems appropriately sized for the regional climate, lighting electrical switches and outlets, 400amp electrical panel, lavatories, a finished ceiling, walls that are prepped for painting, plumbing to stub, 1.25 inch water line to the space and a concrete slab floor. These estimates are not inclusive of architect fees but do recognize other fees typically charged by licensed professionals (such as project managers, general contractors and licensed tradesman) who are contracted to install electrical, plumbing and HVAC (heating, ventilation and air conditioning). Landlords (except landlords of remote kitchen locations) may provide monetary allowances for materials or work, or rent credits during the time of construction, which can range anywhere from $0 to $100 per square foot. In 2024, the tenant improvement allowance: (i) was $0 for sites for Delivery and Carry Out Only Restaurants; (ii) ranged from $12,000 to $235,000 for sites for Fast Casual Restaurants; (iii) was $0 for sites for Dine-In Restaurants; and (iv) was $0 for sites for Remote Kitchen Restaurants. Your costs may be less or more than this estimate, depending upon where you are planning to open your franchise or if you receive the premises in any condition other than what is in the delivery descriptions above or if the premi

Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT\ (FDD pages 24–37)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, the estimated initial investment includes expenses for construction and leasehold improvements. The estimates are based on prototypical Bonchon restaurants constructed in Dallas, Texas, and reflect standard pricing in that area.

The low end of the estimate assumes the franchisee leases a space that previously operated as a restaurant and can be converted to a Bonchon restaurant, utilizing existing infrastructure like mechanical, electrical, and plumbing systems, restrooms, kitchen flooring, wall coverings, light fixtures, and walk-in coolers/freezers. The high end of the estimate assumes the franchisee obtains a site in "vanilla box" condition, which includes prepped heating/cooling systems, lighting, electrical outlets, a 400amp electrical panel, lavatories, a finished ceiling, prepped walls, plumbing, and a concrete slab floor.

These estimates do not include architect fees but do account for other fees charged by licensed professionals such as project managers, general contractors, and tradesmen for installing electrical, plumbing, and HVAC systems. Landlords may provide allowances for materials or work, or rent credits during construction, ranging from $0 to $100 per square foot. In 2024, tenant improvement allowances varied: they were $0 for Delivery and Carry Out Only Restaurants and Remote Kitchen Restaurants, and ranged from $12,000 to $235,000 for Fast Casual Restaurants, and $0 for Dine-In Restaurants. The actual costs may vary depending on the location and condition of the premises.

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.