What is the fee for Bonchon's On-Site Inspection Upon Transfer, and who is responsible for paying it?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
e complied with thereafter.
- Q. That you furnish us with a copy of any proposed contract of assignment (and any related agreements) and, promptly following execution, furnish to us a copy of the executed contract of assignment (and any related agreements).
- R. That
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, if a franchisee wishes to transfer their Bonchon Restaurant to a new owner, an on-site inspection is required. The franchisee initiating the transfer is responsible for arranging this inspection.
The On-Site Inspection Upon Transfer Fee is $250 per inspector per day. In addition to the daily rate per inspector, the transferring franchisee must also cover the costs of lodging, transportation, and food incurred by the inspectors during the inspection.
This fee structure means the total cost of the inspection can vary significantly depending on the number of inspectors Bonchon deems necessary, the duration of the inspection, and the travel distance to the restaurant location. Prospective franchisees should factor in these potential costs when considering the possibility of transferring their franchise in the future.