For Bonchon, what happens if full payment is not received for undisputed charges?

According to Bonchon's 2025 Franchise Disclosure Document, if a customer does not provide full payment for undisputed charges in immediately available funds, WIN will add collection and late fees. It is important to note that this clause refers to WIN, which may be a third-party vendor providing services to Bonchon franchisees.

This policy highlights the importance of franchisees ensuring timely payments for services rendered. The addition of collection and late fees can increase the overall cost of operations and impact profitability. Franchisees should maintain diligent financial management practices to avoid incurring these additional charges.

Prospective Bonchon franchisees should clarify with Bonchon the specific services WIN provides and the circumstances under which these charges might be incurred. Understanding the payment terms and potential penalties associated with these services is crucial for effective financial planning and operational efficiency.