Where can I find the Required Lease Rider that Bonchon uses as part of the Franchise Agreement?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT C TO BONCHON FRANCHISE AGREEMENT REQUIRED LEASE RIDER
If you will be leasing the Restaurant Location(s) of your Bonchon Restaurant(s), then promptly following our written approval of each proposed Restaurant Location, you must utilize a real estate broker we approve and obtain a lease or sublease for the Restaurant Location which, unless we otherwise approve the lease in advance, must be accompanied by a rider substantially in the form of Exhibit E of this Agreement. You agree to deliver to us a copy of any proposed lease or sublease for the Restaurant Location and any related documents (collectively, the "Lease") before you execute the Lease. Any Lease will be subject to our advance written approval, which we will not
unreasonably withhold or delay, provided, however, that we expressly reserve the right to disapprove any Lease not accompanied by a rider embracing all of the provisions of Exhibit C. If we do not communicate our approval or disapproval of a proposed Lease to you within twenty business days following our receipt of the proposed Lease, then the Lease will be considered and deemed to be disapproved.
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Required Lease Rider is included as Exhibit C to the Bonchon Franchise Agreement.
If a prospective Bonchon franchisee will be leasing the restaurant location, they must use a real estate broker approved by Bonchon and obtain a lease or sublease that includes a rider substantially in the form of Exhibit C, unless Bonchon approves the lease in advance without it. The franchisee must provide Bonchon with a copy of the proposed lease and any related documents before executing the lease. Bonchon retains the right to disapprove any lease that does not include a rider embracing all the provisions of Exhibit C.
Bonchon's approval of the lease will not be unreasonably withheld or delayed. However, if Bonchon does not communicate its approval or disapproval within twenty business days of receiving the proposed lease, it will be considered disapproved. This ensures Bonchon franchisees adhere to the brand's standards and protects Bonchon's interests in the leased property. The lease rider also outlines specific rights and responsibilities of the landlord, tenant, and Bonchon itself, particularly regarding access to the premises and modifications to the lease.