In which foreign countries has Bonchon International granted franchises as of December 31, 2024?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Bonchon International enters into franchise and licensing arrangements for Bonchon Restaurants in foreign countries. As of December 31, 2024, it had granted 153 franchises in the Philippines, 122 franchises in Thailand, 11 franchises in Cambodia, 2 franchises in Singapore, 7 franchises in Myanmar, 24 franchises in Vietnam, 2 franchises in France, 3 franchises in Taiwan and 2 franchises in Laos. In addition to granting franchises in the foregoing countries. Bonchon International granted a master license in December 2023 for the development of 15 franchises in Taiwan and 20 franchises in Laos that are scheduled to be developed within the next five (5) years. Bonchon International has not offered franchises for any other type of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, as of December 31, 2024, Bonchon International had granted franchises in several foreign countries. These countries include the Philippines, where 153 franchises were granted, Thailand with 122 franchises, and Cambodia with 11 franchises. Additionally, Bonchon has a smaller presence in Singapore, Myanmar, Vietnam, France, Taiwan and Laos.
Specifically, Bonchon International granted 2 franchises in Singapore, 7 in Myanmar, 24 in Vietnam, and 2 in France. The company also has a presence in Taiwan and Laos, with 3 and 2 franchises respectively. Furthermore, in December 2023, Bonchon International granted a master license for the development of 15 franchises in Taiwan and 20 franchises in Laos, which are planned to be developed within the subsequent five years.
This information is relevant for prospective franchisees as it indicates Bonchon's international presence and expansion efforts. It shows where the brand has established operations and where it is planning to grow further. Franchisees interested in international development may find this information particularly useful in assessing the brand's global potential and strategic focus.