According to Bonchon's 2025 Franchise Disclosure Document, the balance sheets for Bonchon Franchise, LLC can be found on page 355. The document includes balance sheets as of December 31, 2024, and 2023. This information is part of Item 23, which covers receipts related to the franchise offering.

Item 23 includes financial statements for the years ended December 31, 2024, 2023 and 2022. These statements offer prospective franchisees an overview of Bonchon's financial performance over the past three years.

Reviewing these balance sheets is crucial for potential franchisees to assess the financial stability and performance of Bonchon. Understanding the company's assets, liabilities, and equity can help franchisees make informed decisions about investing in a Bonchon franchise.