What is the ID number associated with Bonchon Franchise LLC for ACH preauthorized payments?

According to Bonchon's 2025 Franchise Disclosure Document, the ID number associated with Bonchon Franchise LLC for ACH (Automated Clearing House) preauthorized payments is 27-5526030. This ID number is specifically referenced within the ACH Authorization Agreement, which is included as Exhibit K to the Franchise Agreement.

This ACH authorization agreement likely allows Bonchon to directly debit franchisee accounts for various fees and payments owed to the company, such as royalties, marketing contributions, or other service fees. Preauthorized payments streamline the payment process, ensuring timely and consistent payments from franchisees to Bonchon.

As a prospective franchisee, it is important to understand the terms and conditions of the ACH Authorization Agreement, including the types of payments that will be debited, the frequency of these payments, and the procedures for disputing any unauthorized debits. Franchisees should also ensure they have sufficient funds in their accounts to cover these preauthorized payments to avoid any penalties or disruptions to their franchise operations. Reviewing Exhibit K carefully will provide clarity on this payment process.