Where can I find the First Unit Franchise Agreement that is part of the Bonchon Area Development Agreement?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
This Disclosure Document offers two basic types of franchises for Bonchon Businesses and Restaurants:
- (1) For those who wish to operate a single Bonchon Business and Restaurant, we offer a unit franchise (see the Franchise Agreement in Exhibit A to this Disclosure Document).
- (2) For those who desire to operate two or more Bonchon Businesses and Restaurants within a defined Development Territory, we make available an Area Development program under which you must make a commitment to sign separate Franchise Agreements for, and open, at least two Bonchon Restaurants according to a Development Schedule (see the Area Development Agreement in Exhibit B to this Disclosure Document). If you commit to develop and operate multiple Bonchon Businesses and Restaurants, we may permit you to operate each Restaurant using only one of our four Restaurant Concepts or a combination of our four Restaurant Concepts. Upon establishing each additional Restaurant under the Area Development Agreement, you may be required to sign our then-current Franchise Agreement, which may materially differ from the current Franchise Agreement included within this Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the unit franchise agreement can be found in Exhibit A. The Area Development Agreement can be found in Exhibit B to the disclosure document. For those who want to operate a single Bonchon Business and Restaurant, Bonchon offers a unit franchise. For those who want to operate two or more Bonchon Businesses and Restaurants within a defined Development Territory, Bonchon makes available an Area Development program under which you must make a commitment to sign separate Franchise Agreements for, and open, at least two Bonchon Restaurants according to a Development Schedule.